283 Shepherd Avenue, Brooklyn, NY 11208
Local realty services provided by:ERA Caputo Realty

283 Shepherd Avenue,Brooklyn, NY 11208
$499,999
- - Beds
- - Baths
- 2,166 sq. ft.
- Multi-family
- Pending
Listed by:aaron l. ram
Office:re/max city square
MLS#:857239
Source:One Key MLS
Price summary
- Price:$499,999
- Price per sq. ft.:$230.84
About this home
Welcome to 283 Shepherd Ave, a fantastic short sale opportunity in the heart of East New York, Brooklyn! This three-unit, three-story residential building, built in 1930, offers 2,166 square feet of versatile living space on a 1,950-square-foot lot. Ideal for investors or owner-occupants, this property presents a chance to own a multi-family home in a vibrant neighborhood at a compelling value.
Each of the three spacious units offers potential for comfortable living or rental income, with layouts that can accommodate modern updates. The building features a classic Brooklyn architectural style, with 19.5 feet of frontage and a depth of 42 feet, providing ample space for creative renovations. A full basement adds extra storage or potential for additional living space, subject to approvals.
Located in the desirable R6B zoning district, this property is surrounded by the dynamic energy of East New York, with easy access to public transportation (A/C/J/Z/L trains), local shops, schools, and parks. Enjoy proximity to Highland Park and the evolving amenities of this up-and-coming neighborhood.
Short Sale Notice: This property is being offered as a short sale, subject to lender approval. The home is sold as-is, with 93 open violations and two litigations that may require attention, presenting a unique opportunity for buyers with vision to restore its full potential. Priced to reflect its condition and short sale status, this is a rare chance to invest in Brooklyn’s real estate market at a discounted rate.
Don’t miss out on this diamond in the rough! Contact us today to schedule a viewing and explore the possibilities of 283 Shepherd Ave. All offers must include proof of funds or pre-approval. Seize this opportunity to own a piece of Brooklyn’s future!
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Home facts
- Year built:1930
- Listing Id #:857239
- Added:102 day(s) ago
- Updated:July 13, 2025 at 07:36 AM
Rooms and interior
- Living area:2,166 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1930
- Building area:2,166 sq. ft.
- Lot area:0.04 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$499,999
- Price per sq. ft.:$230.84
- Tax amount:$4,663 (2024)
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