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196 Shepherd AvenueBrooklyn, NY 11208

For Sale

$1,195,000

Smart Buyer Rebate $14,938

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

·

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

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. 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. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

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.