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721 Shepherd Avenue

Townhouse | this home is in contract
Between New Lots Avenue and Hegeman Avenue
WEB ID: 5969577
$825,000
  • Annual Tax: $5,789
  • 2400 APPROX. SQFT
  • 2 FLOORS
  • 3 RESIDENCES
  • 20 WIDTH
  • BUILT 1920

The Details

About 721 Shepherd Avenue

Red hot East New York, come to visit a part of Brooklyn that’s still affordable. This semidetached 3-family home with side driveway parking and a separate garage in the backyard is a perfect home for that savvy investor or an owner that would love the rental income to help with their mortgage. On the top floor, there are two recently renovated 1-bedroom 1-bath units and on the first floor, ther...

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    The easternmost neighborhood of Brooklyn, East New York is enormous, extending from Atlantic Avenue on its northern edge to Jamaica Bay, and stretching from Brownsville and Canarsie on its western edge to Queens (specifically Howard Beach) to its east. The neighborhood was long one of the city’s more troubled areas, especially in the late ’80s. It has, however, made remarkable strides, with crime rates dropping dramatically over the past two decades thanks to community efforts and the financial commitment of successive city governments. Some of the clearest evidence of progress can be seen around Spring Creek Towers (formerly Starrett City) and in the revitalization of Atlantic Avenue. While East New York’s founder hoped it would rival Manhattan, the neighborhood didn’t take off in the 19th century. That has left residents today, however, with a neighborhood with many parks, a generally low-lying scale, and real estate deals that are rare in Brooklyn.

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    about the building

    about the building

    721 Shepherd Avenue

    721 Shepherd Avenue

    Multi-Family Townhouse in East New York

    Between New Lots Avenue and Hegeman Avenue

    3 UNITS
    2 STORIES
    1920 BUILT

    Calculate Monthly Costs

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    Total$3,633.36/Month

    Not sure if this fits your budget? There might be tax savings, so talk to an agent for details.

    • 30 Years Fixed
    • 20 Years Fixed
    • 15 Years Fixed
    • 7 Years Fixed
    • 5 Years Fixed
    • Principal & Interest$3,150.94
    • Property Taxes$482.42
    • Maintenance / Common Charges0