396 Shepherd Ave, Brooklyn, NY 11208 (MLS # 11738869)
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Welcome to 396 Shepherd Avenue, a newly constructed, turnkey investment opportunity in the heart of Brooklyn. This modern 7-unit building features all one-bedroom apartments, thoughtfully designed to meet today's rental demand with efficient layouts and contemporary finishes throughout. The property is fully occupied, offering immediate and stable cash flow with a strong annual gross income of $188,966. Each unit has been built to high standards, making this an ideal low-maintenance asset for investors seeking long-term appreciation and consistent returns. Positioned in a growing neighborhood with strong rental demand, this brand-new construction eliminates the need for near-term capital improvements, allowing for a seamless, passive investment experience from day one. Whether you're expanding your portfolio or entering the Brooklyn multifamily market, 396 Shepherd Avenue represents a rare opportunity to acquire a fully stabilized, income-producing asset in a thriving location.
| DAYS ON MARKET | 1 | LAST UPDATED | 5/4/2026 |
|---|---|---|---|
| YEAR BUILT | 2021 | COUNTY | Kings |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| BASEMENT | Finished, Full |
|---|---|
| STORIES | 4 |
| STYLE | 0 |
| TAXES | 297 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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