$6,887 Closing Credit¹
#849869, Listing Office: Liberty Chateau Realty Inc
$499,999 List price
283 Shepherd Ave Brooklyn, NY 11208
$5,937
Closing credit¹
0 beds
0.04 acres
Multi-Family
Property details
About 283 Shepherd Ave
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!
Highlights
Home typeTriplex
StatusActive
Lot size0.0448 Acres
Year built1930
MLS #857239
Summary
- Basement: No
- Interior: First Floor Bedroom
- Cooling: None
- List Price: $499,999
- Annual Tax Amount: $4,662
- Tax Year: 2024
- Year Built: 1930
- Lot Size: 0.0448 Acres
- MLS Number: 857239
- MLS Name: ONEKEY2
- Office Name: RE/MAX City Square
- Office Phone: (718) 570-7690
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/5/2025, 2:11:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$499,999
283 Shepherd Ave
$5,937
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $51,060 | $4,662 |
| 2023 | $54,540 | $4,403 |
| 2021 | $42,780 | $8,232 |
| 2019 | $43,200 | $4,139 |
| 2018 | $18,270 | $3,517 |
| 2017 | $17,256 | $3,258 |
History based on county public records data.
Nearby schools
5
P.S. 345 Patrolman Robert Bolden School
Public District KG-5
0.1 mi
•111 Berriman St
8
P.S. 108 Sal Abbracciamento School
Public District PK-5
0.3 mi
•200 Linwood St
5
P.S. 158 Warwick School
Public District KG-5
0.4 mi
•400 Ashford St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,654. The most common annual income of people living in Brooklyn, NY is less than $<35k. The most common type of family is single, with kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
47%
<35k
34%
35k-100k
18%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
31%
Single, No Kids
38%
Single, with Kids
13%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
9%
12-17 yrs old
32%
18-34 yrs old
35%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
Burlington
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
White Castle
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 283 Shepherd Ave in Brooklyn, NY and zip code 11208 in the East New York neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since May 3, 2025 and is currently priced at $499,999.
In April 2025 more than 38 listings in Brooklyn, NY were sold above the asking price. During the same period more than 194 listings were sold at asking price, while more than 146 were sold below. In April 2025 in Brooklyn, NY there were 2.3% more homes for sale than in March. In April 2025, listings were on the market for 121 days. During the same period, the median list price in this real estate market was $994,292.
From Rocket Homes Real Estate and based on county public records data.