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    196 Shepherd Ave Brooklyn, NY 11208

    New
    Pending
    For Sale
    $1,088,000

    MULTI_FAMILY - Brooklyn, NY

    Lot size:
    0.06 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 9 at 9:06 am

    Property Features for 196 Shepherd Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Basement, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1
    Bedrooms
    6
    Bathrooms
    3
    APN
    03957-0038
    Parking features
    Carport
    Interior features
    First Floor Bedroom, Granite Counters, Open Kitchen
    Basement
    Finished, Full
    Lot size
    0.06 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1901
    Number of units
    2
    Building materials
    Frame

    Keystone Realty USA (631) 486-1126 [email protected]

    Listing agent Gabriel Kashi

    Listing date Dec 3, 2025

    MLS# 932932 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Two-Family Brooklyn Residence

    Located on a tree-lined street in Cypress Hills, Brooklyn, this renovated two-family property at 196 Shepherd Avenue offers space, style, and modern luxury. The detached building presents an opportunity for buyers seeking a residence with income potential. The property is configured as a 3-bedroom, 1-bath rental unit, with the potential to generate $3,800 per month, situated above a 3-bedroom, 1-bath garden unit. The garden unit can be used as a garden-basement duplex to create additional space. Both units feature expansive, bright living and dining areas suitable for entertaining. The kitchens are equipped with granite countertops, custom floor-to-ceiling cabinetry, and stainless steel appliances. The bedrooms offer ample closet space, and the bathrooms are fully tiled with modern wall and floor tiles. Renovations include new flooring, recessed lighting, and updated electrical, heating, and plumbing systems throughout. The property is conveniently located near major transportation options, including Fulton Street, Atlantic Avenue, and Arlington Avenue, facilitating commuting. It is also situated near schools, shopping centers, restaurants, cafes, parks, and other neighborhood amenities. The lot size is 0.0574 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.882027
    Latitude
    40.679713

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    FAQs

    What type of property is this?
    Duplex - Meticulously renovated two-family home in Cypress Hills, Brooklyn.
    Where is this duplex located?
    The property is located at 196 Shepherd Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,088,000.
    What are key features of this property?
    This property features: - Income-generating two-family property ideal for offsetting mortgage payments.; - Meticulously renovated with modern finishes and updated systems.; - Configured as a 3-bedroom rental unit over a 3-bedroom garden unit, with duplex potential.
    (347) 419-5268
    Request Owner's contact information
    196 Shepherd Ave Brooklyn, NY 11208
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    196 Shepherd Ave Brooklyn, NY 11208
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