283 Shepherd Avenue Brooklyn, NY $ 499,999
283 Shepherd Avenue
$ 499,999
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283 Shepherd Avenue

Brooklyn, NY, 11208
$ 499,999
Baths0.0 Sq 2,166

Monthly Estimate*

$ 3,079

283 Shepherd Avenue, Brooklyn, NY 11208 - Image 1
Studio

Multi-Family Home for sale in Brooklyn, NY

for $499,999. This 2,166 square foot home was built in 1930 on a lot size of 0.0448.

Welcome to 283 Shepherd Ave, a fantastic short sale opportunity in the heart of East New York, Brooklyn! This three-unit, three-story residential building, built in 1930, offers 2,166 square feet of versatile living space on a 1,950-square-foot lot. Ideal for investors or owner-occupants, this property presents a chance to own a multi-family home in a vibrant neighborhood at a compelling value. Each of the three spacious units offers potential for comfortable living or rental income, with layouts that can accommodate modern updates. The building features a classic Brooklyn architectural style, with 19.5 feet of frontage and a depth of 42 feet, providing ample space for creative renovations. A full basement adds extra storage or potential for additional living space, subject to approvals. Located in the desirable R6B zoning district, this property is surrounded by the dynamic energy of East New York, with easy access to public transportation (A/C/J/Z/L trains), local shops, schools, and parks. Enjoy proximity to Highland Park and the evolving amenities of this up-and-coming neighborhood. Short Sale Notice: This property is being offered as a short sale, subject to lender approval. The home is sold as-is, with 93 open violations and two litigations that may require attention, presenting a unique opportunity for buyers with vision to restore its full potential. Priced to reflect its condition and short sale status, this is a rare chance to invest in Brooklyn’s real estate market at a discounted rate. Don’t miss out on this diamond in the rough! Contact us today to schedule a viewing and explore the possibilities of 283 Shepherd Ave. All offers must include proof of funds or pre-approval. Seize this opportunity to own a piece of Brooklyn’s future!

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Multi-Family Pending

Price

$ 499,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,662

Style

Triplex

Lot Size

0.0448

Year Built

1930

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

857239

Features
Interior
Interior Amenities First Floor Bedroom
Basement (Y/N) N
Total Bedrooms 0
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General
Sewer Shared
Heating Natural Gas
Cooling None
Utilities Cable Available
Construction Materials Brick
Year Built 1930
Property Subtype Triplex
Tax Year 2024
Parcel Number 03973-0014
County Kings (Brooklyn)
Property Type Residential Income
Garage Y/N N
Full Baths 0
City New York
Senior Community Y/N N
Number Of Units Total 3
Carport Y/N N
Property Attached Y/N Y
Tax Annual Amount 4662.96
Showing Instructions Drive by only do not disturb tenants
Building Area Units Square Feet
Standard Status Pending
Tax Assessed Value 51060
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Exterior
Water Source Public
Building Area Total 2166
Waterfront Y/N N
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Internal Only
Street Number 1 283
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* Excluded Features
List By
Aaron L. Ram

Listing Agent

Re/Max City Square

Broker

718-570-7690

Contact

Affordability Calculator

$3,467
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$389
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/4/2025$499,999 Listed Price

Map


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283 Shepherd Avenue, Brooklyn, NY, 11208 is a Multi-Family Home for sale at $499,999 with 2,166 sqft and a lot size of 0.0448. 283 Shepherd Avenue is a studio with 0.0 baths and was built in 1930. The property's zip code is 11208 which is in Brooklyn, NY