LKV Realty
Logo
$2,325,000
$6,800Reward *
396 Shepherd Ave, Brooklyn, NY 11208Listing ID 11738869

396 Shepherd Ave, Brooklyn, NY 11208

Active
Last updated: Jun 23, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi-Family (5+ Units)
Square Feet
Square Feet
5,670
Year Built
Year Built
2021

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.

Property Information

Property Details

Location

Address
396 Shepherd Ave
City
Brooklyn
Zip Code
11208

Building

Building Information

Square Feet
5,670
Year Built
2021
NINA SABAG5 BORO REALTY CORP, (917) 705-0005

Market Report for 11208

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: State Listings, Inc
State Listings, Inc logo

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright © 2026}} by My State MLS. All Rights Reserved.

For corrections to this data please contact Brytecore MLS Support.

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