764 Shepherd AveBrooklyn, NY 11208

For Sale
$278,000

2,000 sq ft lot, R5 zoning, low taxes.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 2,000 square foot residential land parcel, located at 764 Shepherd Avenue in Brooklyn, New York's vibrant East New York neighborhood, presents a compelling investment opportunity. The property boasts R5 zoning, offering significant development potential. Its generous dimensions, measuring approximately 20 feet wide by 100 feet deep, provide ample space for a variety of residential projects. Annual property taxes are remarkably low at just $799, contributing to a strong return on investment. The location is highly convenient, with easy access to public transportation, including the B15 and B20 buses, and the 2, 3, and 4 subway lines. The proximity to the Gateway Shopping Center provides residents with convenient access to shopping and amenities. This property is ideally suited for developers seeking to capitalize on the growing demand for housing in this rapidly developing area of Brooklyn. The address is 764 Shepherd Ave, Brooklyn, NY 11208, Kings County. The asking price is $278,000.

Highlights

  • $278,000 asking price.
  • 2,000 sq ft residential lot.
  • R5 zoning.
  • Located at 764 Shepherd Ave, Brooklyn, NY 11208.

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6654651
Longitude
-73.8777568
764 Shepherd Ave, Brooklyn, New York

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764 Shepherd Ave
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