396 Shepherd Avenue Brooklyn NY, 11208 Ps 114 Ryder Elementary
$2,850,000
8 Beds / 7 Full Baths | ML# 3560746
Property Picture

Newly built in 2022, this fully occupied, fully renovated multi-family property in East New York spans 4, 823 sq. ft. over four stories with six units (seven apartments). The property features modern kitchens, energy-efficient systems, private outdoor spaces, a finished basement with laundry, great trigger to your yearly water charges. Off-street parking. Enjoy a 30-year tax abatement, a 6% cap rate, and zoning flexibility (R6A). Conveniently located near A and C subway lines, parks, schools, shopping, and dining. Excellent investment opportunity with strong rental income.

    Beninati Associates
    Beninati Associates Real Estate Licensed Real Estate Broker (631) 765 5333 (631) 765 5225 broker@beninatiassociates.com