Space, style and modern luxury come together at 196 Shepherd Avenue! A meticulously renovated fully detached two family nestled on a beautiful tree lined street of Cypress Hills. This turn key property is the perfect opportunity for buyers looking for space, plus income generating rental property to assist with mortgage payments.
Configured as 3 bedroom 1 bath rental unit which has the ability to generate $3,800/month over a 3 bedroom 1 bath garden unit, which can easily be used as a garden-basement duplex to create additional space.
Both units enjoy expansive sunny & bright living/dining areas which provide great space for entertaining. Beautiful chefs granite kitchens equipped with floor to ceiling custom cabinetry and adorned with a full fleet of stainless steel appliances. Spacious bedrooms equipped with ample closet space, fully tiled bathrooms adorned with state of the art wall & floor tiles and much more! Must see to appreciate.
Renovations include brand new flooring, recessed lighting, updated electrical, heating, and plumbing systems throughout.
This masterfully re-imagined 2 family is conveniently located with close proximity to major transportation which makes commuting a breeze. Just off Fulton Street, Atlantic Avenue, Arlington Avenue. Short blocks to schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities.
Listed by Gabriel Kashi
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Keystone Realty USA Corp
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631-261-2800
Listed by Rachel Shapiro
·
Keystone Realty USA Corp
Last updated September 09, 2025
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Source: OneKey #893016
Listing Facts
TypeMulti-family
NeighborhoodHighland Park
Bedrooms6
Bathrooms3
Days on Prevu48
Taxes$2,730.56/year
Location
Mortgage Calculator
Listing History
07/23/2025
Listed by Keystone Realty USA Corp
$1,195,000
Estimated Closing Costs
Total
$45,231
Attorney Fees
$4,000
NYC Mansion Tax
$11,950
Title Insurance
$5,378
Bank Attorney
$1,500
Mortgage Recording Tax
$18,403
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,195,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 196 Shepherd Avenue
Exterior
Construction
Number Of Units Total: 2
Year Built: 1901
Construction Materials: Frame
Measurements
Building Area Total: 3,240
Building Area Units: Square Feet
Lot Size Acres: 0.05
Lot Size Square Feet: 2,500
Financial
Taxes
Parcel Number: 03957-0038
Tax Annual Amount: $2,730.56
Tax Assessed Value: $45,720.00
Tax Year: 2024
Interior
Features
Interior Features: First Floor Bedroom
Rooms
Basement: Finished
Has Basement: Yes
Bathrooms Full: 3
Bathrooms Total Integer: 3
Bedrooms Total: 6
Parking
Parking
Carport Spaces: 1
Carport: Yes
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Sewer: Public Sewer
Utilities: Natural Gas Connected
Water Source: Public
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Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.