Brooklyn, NY 11208,283 Shepherd AVE
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$ 499,999
Est. payment | /mo

1,951 Sqft Lot


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$ 499,999
Est. payment | /mo
Save

1,951 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY857239

Originating Board onekey2

Rental Info No

Year Built 1930

Annual Tax Amount $4,662

Lot Size 1,951 Sqft

Acres 0.0448

Property Sub-Type Triplex

Property Description

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!

Location

State NY

County Kings (brooklyn)

Interior

Interior Features First Floor Bedroom

Cooling None

Fireplace No

Exterior

Utilities Available Cable Available

Garage false

Building

Water Public

Structure Type Brick

Others

Senior Community No

Special Listing Condition None

Listed by RE/MAX City Square
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1 Old Country Rd, Carle Place, New York, 11514, USA

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283 Shepherd AVE