396 Shepherd Ave, Brooklyn, NY 11208
Property image
Property image
FOR SALE

$2,325,000

Original price: $2,499,000
  • 7 Beds
  • 7 Baths
  • 5,670 sqft

396 Shepherd Ave, Brooklyn, NY 11208

East New York
Est. Mortgage $13,770/mo*
Get Pre-Qualified

Home Highlights

Condo
Built in 2022
$410/sqft

Local Information

  • Map ViewExplore the area around 396 Shepherd Ave.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Contemporary finishes throughoutAll one-bedroom apartmentsEfficient layouts
Investment opportunity!
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.
Contact this Building
Property Website
Last check for updates: about 8 hours ago
Listing by: 5 Boro Realty Corp, (917) 705-0005
Nina Sabag
Source: StreetEasy, MLS#S1832990
Also Listed on NY State MLS.

Home Details for 396 Shepherd Ave

Interior Features

Interior Details
Number of Rooms: 18
Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 7Number of Bathrooms (full): 7
Dimensions and Layout
Living Area: 5670 Square Feet
Heating & Cooling
No Cooling
Fireplace & Spa
No Fireplace
View
No View

Exterior Features

Parking & Garage
No Garage

Days on Market

Days on Market: 106

Property Information

Year Built
Year Built: 2022
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium

Price & Status

Price
List Price: $2,325,000Price Per Sqft: $410

Active Status

MLS Status: Active

Location

Direction & Address
City: BrooklynCommunity: East New York

Agent Information

Listing Agent
Listing ID: S1832990

Building

Building Area
Building Area: 5670 Square Feet

HOA

HOA Fee: No HOA Fee

Listing Info

Special Conditions: Resale

Miscellaneous

Mls Number: S1832990Listing Url

Additional Information

STREETEASY Property ID: 9728043STREETEASY Building ID: 151575

Around this home

Neighborhood Overview

East New York
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about East New York

At least 2739 Trulia users voted on each feature.

  • 88 % Say there are sidewalks

  • 86 % Say it's walkable to grocery stores

  • 74 % Say it's dog friendly

  • 68 % Say it's walkable to restaurants

  • 65 % Say streets are well-lit

  • 60 % Say kids play outside

  • 58 % Say yards are well-kept

  • 56 % Say there's holiday spirit

  • 48 % Say car is needed

  • 48 % Say neighbors are friendly

  • 46 % Say they plan to stay for at least 5 years

  • 42 % Say people would walk alone at night

  • 40 % Say there are community events

  • 38 % Say it's quiet

  • 36 % Say parking is easy

  • 36 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Aikoyy013
    "Very quite place kind of people neighbors very high rate elementary school and grocery stores pharmacy something like that "
    1
    Flag
  • Trulia User
    "What comes to mind are the parades. Summer pools days when the city closes the street for kids to play with the hydrant water and we do cookout."
    1
    Flag
  • mayrelis grullon
    "Great parks, commercials, the train and buses are close . Great school district specially for middle school "
    0
    Flag
  • Marilyn Saytue
    "I have lived in this neighborhood for 4 years. Calm neighborhood, with easy going neighbors. Thrift stores, eateries, supermarkets, barbershops, schools, churches, mosques, parks, green thumbs gardens and more."
    10
    Flag
  • Donsimmonsny36
    "Good place to live nice area schools parks bus train near buy it’s convenient place to be at and easy travel "
    2
    Flag
  • Jason St. Bernard
    "Good schools and distance to the school super friendly environment and good for kids enough supermarkets"
    2
    Flag
  • Jason St. Bernard
    "Dog parks , very friendly animals and a lot of space for the dog to run free and the shops they have for grooming and cleaning dogs "
    1
    Flag
  • Nkkbrathwaite
    "The place is being kept to okay standers. It is a quiet neighborhood with kids in the area that loves dogs."
    4
    Flag
  • James Taylor
    "Neighborhood is very family oriented I can walk my dog with no problem. I can go to the store and get whatever I need and I love the hospitality people say good morning and have a great day even say good night."
    5
    Flag
  • Sam Firempong
    "Block parties, loud . Not a safe neighborhood. But to each is his own just be careful of the street pharmacists lurking in the corners"
    3
    Flag
  • Kerilious jules
    "The place is not bad it’s just like any other neighborhood in America expect some weird stuff from time to time but other than that you should be alright, if you stay out the way people stay out your way very simple."
    1
    Flag
  • Stanley Clotaire
    "It’s a very vibrant neighborhood . The community sticks together, the food is great, the park is beautiful "
    5
    Flag
  • Jose Cardona
    "There are a lot of restaurants in the area and the transit makes it easy to go anywhere in the city. "
    3
    Flag
  • Elkins Martinez
    "There are many dog owners in this area and ontop of that there’s a nice big park nearby for playing catch and fetch petco nearby aswell so yeah a good spot."
    1
    Flag
  • Trulia User
    "It’s ok I was just so used to the neighborhood has its ups and down, I like that there are multiple parks to take your children to and the transportation is very convenient "
    4
    Flag
  • Javaughn Farquharson
    "Quiet, safe neighborhood though it can look intimidating. Not much food options but neighboring areas like Bushwick and Bedstuy are close by"
    0
    Flag
  • Kymora Rodney
    "3 train van sic Ac van sic Thankfully , cooperative when delay , can’t complain when it comes to the public "
    0
    Flag
  • Trulia User
    "There are no dog parks around here not dog friendly and people are mean all the time cars drive recklessly "
    0
    Flag
  • Zelda Bovian
    "It’s a very high crime neighborhood not a good neighborhood to be walking in at night there’s always shootings car theft and a high number of crimes also there is also a lot of fires and not to forget a high number of drug addicts lurking around "
    9
    Flag
  • Nunya
    "Wasn’t so bad in 2017 but now its terrible almost got shot last Halloween trick or treating had my first car they stole my parts Very high in gang activity my kid and I was almost stabbed coming home from local school by another student in local school Don’t move here stay in a shelter or where ever you are it’s not worth it "
    3
    Flag
  • Jocelyn C
    "People are dog friendly meaning no one is really scared of dogs but people don’t curve their dogs so your dog might eat another dog’s poop."
    1
    Flag
  • Wellington_diaz
    "Not a good place to raise your kids. High crime, noisy and too many people in the way. Home prices are too high for a place with little to offer. "
    4
    Flag
  • Shellzwilliam76
    "Please get rid of the rats and roaches before renting this property. This property may look nice but there are a lot of hidden surprises you will only experience by living in this property. "
    14
    Flag
  • Maria Perez
    "Some areas are very safe. Many places in the area are full of caring neighbors. There’s also lively with different types of culture and music. "
    2
    Flag
  • Trulia User
    "The community diversity I lived here for two years and u can’t classify this neighborhood by any race and we all treat eachother with respect "
    13
    Flag
  • Trulia User
    "It’s more of a neighborhood for older folks not really suitable for young, lively people. It’s not too bad but it’s not my vibe "
    0
    Flag
  • Trulia User
    "train access is close to my home but there are limited options. There are also busses that can be used for transportation."
    1
    Flag
  • Trulia User
    "I love this neighborhood. It is a great community for families. Love the access to shopping for all needs close by. "
    1
    Flag
  • Trulia User
    "i use to live in the neighborhood i like itit easy to get to the store or train i grown up on hinsdale the neighnor are very frirndly i know ill be okay thetr"
    0
    Flag
  • Trulia User
    "I have lived in this neighborhood for 20+ years! The Block Parties were among 1st community event. The Old-Timers’ Celebration, cookout, music groups from the ‘70’s & ‘80’s. A chance to see neighbors I haven’t seen in years!!"
    1
    Flag
  • Trulia User
    "Horrible not friendly dirty not livable basically a big dump doesn’t feel like home. Not for anyone who wants a basic quality of life"
    1
    Flag
  • Trulia User
    "basketball tournament's and alot of community events. Parks are great for the kids would not mind at all buying a place in this neighborhood in the future "
    0
    Flag
  • Trulia User
    "almost all the people in the area are Hispanic people and I like it because and I like living in this area because it looks safe and there are also many stores where you can go shopping"
    0
    Flag
  • Trulia User
    "It’s commute is very easy. n grain and bus are around the area. It’s always very busy. A few buses and only one train which is the J train. "
    1
    Flag
  • Trulia User
    "highland Park Logan Park a mix variety of people Spanish Africans caucasians Asians very diverse community"
    1
    Flag
  • Trulia User
    "my commute is very short and my fast. everything is close together. I like living out here better than the Bronxs. I like my commute. I live next to the train that's the best. The shopping area next to trains is a plus."
    0
    Flag
  • Trulia User
    "It’s a good area too live and commute in and the transportation is very well timed and very good also the diversity in the area is very friendly "
    0
    Flag
  • Trulia User
    "It’s Very Well Mixed Races and Very Well Friendly I Would Definitely recommend people to live here because of its diversity "
    13
    Flag
  • Trulia User
    "The transportation the train every bus down the block from me. Time for me to start my retirement life this isn't good for me any more"
    10
    Flag
  • Trulia User
    "What makes the neighborhood unique is it’s diverseness. We see a multitude of cultures surrounding the neighborhood. Some supermarkets have a unique choice of food items, and include a lot of Caribbean items you might not find in gentrified communities. "
    5
    Flag

Market trends in New York

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$818K
$21.67KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$704
$22MoM
Available listings
16526
1221MoM

Home Value

Trulia Estimate
$2.27M
Since last month
Increased$85K (+3.9%)
Since last year
Increased$612K (+36.9%)
Since last sale
Increased$2M (+320.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -20% in the last 10 years
MonthEstimated value
2026
September 2026$2.27M
August 2026$2.19M
July 2026$2.18M
June 2026$2.2M
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1255 Bushwick Ave #7B, Brooklyn, NY
0.72
Condo
$525,000
10/16/25
1
1
652
971 Jerome Street #8D, Brooklyn, NY
1.21
Condo
$475,000
08/17/26
3
1.5
1,173
151-37 78th Street #2W-1, Jamaica, NY
1.46
Condo
$569,000
06/15/26
3
3
1,530
7813 153rd Avenue #1F2, 1FG, Howard Beach, NY
1.50
Condo
$610,000
12/05/25
3
3
1,530
44 Euclid Ave #3B, Brooklyn, NY
0.92
Condo
$440,000
07/29/26
1
1
706
7817 153rd Avenue #H1, Howard Beach, NY
1.50
Condo
$400,000
07/15/26
3
2.5
1,530
1065 Vermont St #6D, Brooklyn, NY
1.40
Condo
$459,000
10/20/25
3
1.5
1,173
15115 78th Street #2, Howard Beach, NY
1.44
Condo
$550,000
04/30/26
3
2
1,125
586 Van Siclen Ave #2, Brooklyn, NY
0.78
Condo
$466,000
02/06/26
3
2
1,000

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
790 Glenmore Avenue, Brooklyn, NY 11208
0.03
$1,273,500
7
5
-
Off Market
393 Shepherd Ave, Brooklyn, NY 11208
0.03
$988,200
6
3
-
Off Market
801 Glenmore Ave, Brooklyn, NY 11208
0.06
$1,067,200
8
3
2,064
Off Market
803 Glenmore Ave, Brooklyn, NY 11208
0.06
-
-
-
-
Off Market
758 Glenmore Avenue, Brooklyn, NY 11208
0.05
$885,000
6
2
1,884
Recently Sold
758 Glenmore Ave #1-2, Brooklyn, NY 11208
0.05
$885,000
6
2
1,884
Recently Sold
118 Berriman St, Brooklyn, NY 11208
0.08
$1,077,200
7
5
-
Off Market
390 Essex Street, Brooklyn, NY 11208
0.05
-
8
5
2,812
Off Market
759 Glenmore Avenue, Brooklyn, NY 11208
0.06
$1,016,000
7
2.5
-
Off Market
345 Shepherd Ave, Brooklyn, NY 11208
0.08
$1,114,200
6
3
2,053
Off Market
170 Atkins Ave, Brooklyn, NY 11208
0.10
$865,000
6
3
-
Recently Sold

Price and Tax history

DateEventPrice
Jun 10, 2026
Source: NY State MLS #11738869
PriceChange
$2,325,000
Price decreased by 7%
May 4, 2026
Source: NY State MLS #11738869
PriceChange
$2,499,000
Price decreased by 12%
Jun 21, 2024
Source: OneKey® MLS as distributed by MLS GRID #3560746
Listed For Sale
$2,850,000
Jan 18, 2024
Source: Zillow Rentals
ListingRemoved
Jan 14, 2024
Source: Zillow Rentals
Listed For Rent
$2,652

LGBTQ Local Legal Protections

Nina Sabag, 5 Boro Realty Corp, (917) 705-0005

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 396 Shepherd Ave

Skip to last item
Skip to first item

Frequently asked questions about 396 Shepherd Ave

  • What is the estimated monthly payment for 396 Shepherd Ave?
    Based on a $2,325,000 list price with 20% down at today's rates, the estimated monthly payment for 396 Shepherd Ave in Brooklyn, NY is approximately $14,106 (about $12,636 principal & interest, $1,395 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 396 Shepherd Ave compare to homes in Brooklyn?
    396 Shepherd Ave in Brooklyn, NY is listed at $2,325,000, about 184% above the $818K median sale price in Brooklyn.
  • What do residents say about the East New York neighborhood?
    Residents describe the East New York neighborhood in Brooklyn, NY as pedestrian-friendly, walkable to grocery stores, and dog-friendly. See homes for sale in East New York, Brooklyn.
  • What are the closest schools to 396 Shepherd Ave?
    The closest schools to 396 Shepherd Ave in Brooklyn, NY are Liberty Avenue Middle School (rated 5/10), Ps 345 Patrolman Robert Bolden (Pre-K/Elementary, rated 6/10), Transit Tech Career and Technical Education High School (rated 4/10).
396 Shepherd Ave, Brooklyn, NY 11208 is a 7 bedroom, 7 bathroom, 5,670 sqft condo built in 2022. 396 Shepherd Ave is located in East New York, Brooklyn. This property is currently available for sale and was listed by StreetEasy on Jun 10, 2026. The MLS # for this home is MLS# S1832990.