You are browsing as a guest. Register to access key data for free.
Property profile

392 Shepherd Ave Brooklyn, NY 11208

Residential land & home lots
Property ID
US63-0806059
View Sample
392 Shepherd Ave, Brooklyn, NY 11208 For Sale
Contact for pricing
392 Shepherd Ave, Brooklyn, NY 11208
View Listing →

Property summary

AI-generated overview

A 25’ wide vacant lot which has 7,500 buildable square feet. The lot size makes the property a prime development opportunity . A developer can build a six story apartment building. The units can be one apartment or two apartments per floor. The property is located one block from the C train on Shepherd & Pitkin Avenues. This gives quick access to Downtown Brooklyn and the City. The property is off Pitkin Avenue, which has a lot of stores and restaurants.

Property profile

Verified
Property type Residential land & home lots
UPID US63-0806059

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message