707 Shepherd Avenue

New Lots

$299,999
Price
2,000 / 0.05
Lot Size / Acres

Description

Welcome to an exciting investment opportunity at 707 Shepherd Ave in East New York, Brooklyn. This prime piece of land, boasting a 20X100 lot, is now available for sale. With a R5 zoning and remarkably low annual taxes of only $515, this property provides a financially advantageous prospect. The owner has gone the extra mile, having all plans and permits meticulously approved by an architect, paving the way for the construction of a 2-family dwelling with a basement on the premises. This foresight...Welcome to an exciting investment opportunity at 707 Shepherd Ave in East New York, Brooklyn. This prime piece of land, boasting a 20X100 lot, is now available for sale. With a R5 zoning and remarkably low annual taxes of only $515, this property provides a financially advantageous prospect. The owner has gone the extra mile, having all plans and permits meticulously approved by an architect, paving the way for the construction of a 2-family dwelling with a basement on the premises. This foresight not only streamlines the building process but also adds significant value to the investment. Strategically located, the property is in proximity to essential transportation options, including B15, B20, 2, 3, and 4 trains, ensuring easy connectivity to various parts of the city. Additionally, its closeness to the Gateway Shopping Center enhances the property's appeal, providing convenient access to shopping and amenities. This land is an ideal choice for investors seeking to capitalize on the potential for development. Don't miss out on the opportunity to turn this well-planned project into a lucrative reality in the vibrant neighborhood of East New York.
  1. Listed by Issabella Mulic • Mitra Hakimi Realty Group LLC
    P: 718-268-5588 C: 718-268-5588 issabella@mitrahakimi.com
  2. Listed by Etan Hakimi • Mitra Hakimi Realty Group LLC
    P: 718-268-5588 C: 718-268-5588 etan@mitrahakimi.com

Property Details for 707 Shepherd Avenue

Township
Brooklyn
Zoning Description
Residential
Section Area
New Lots Avenue
Offer Presentation
Cannot be Present

Location

Listing Courtesy of Mitra Hakimi Realty Group LLC
Add your commute
LISTING UPDATED: 04/16/2024 09:57 PM

Property Details for 707 Shepherd Avenue

StatusActive
MLS ID3529701
Days on Market83
Taxes$515 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size2,000 SF
CountyKings County

Location

Listing Courtesy of Mitra Hakimi Realty Group LLC
Add your commute

Building Information for 707 Shepherd Avenue

Lot Size2,000 SFBuilding Age-Building Type-

Payment Calculator

$1,680 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,637

Property Taxes

$43

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 707 Shepherd Avenue

Summary
Location and General Information
  • MLS Area Minor: 13
  • Directions: www.googlemaps.com
  • Tax Block: 4453
  • Tax Lot: 64
  • Flood Zone Report: 0
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Brooklyn 19
  • Elementary School District: Brooklyn 19
  • Elementary School: Ps 202 Ernest S Jenkyns
  • Middle Or Junior School District: Brooklyn 19
  • Middle Or Junior School: East New York Middle Sch-Excellence
  • High School District: Brooklyn 19
  • High School: Brooklyn Lab School
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 04453-0064
  • Tax Map Number: 04453-0064
Interior and Exterior Features
Interior Features
  • Amenities: Public
Exterior Features
  • Exterior Property Features: Cleared
  • Elevation Certificate: No
Lot Information
  • Lot Features: Cleared
  • Lot Size Dimensions: 20x100
  • Site Features: Cleared
Utilities
  • Sewer: Public Sewer
  • Water Source: Public

Property History for 707 Shepherd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 707 Shepherd Avenue

This home is within Nyc Geog District #19 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 202 Ernest S Jenkyns
PublicPK to 5

Van Siclen Community Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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707 Shepherd Avenue is a 0.05 ac of land for sale in New Lots. This property was listed for sale on February 5, 2024 by Mitra Hakimi Realty Group LLC, it's currently listed at $299,999. This listing's school district is Nyc Geog District #19 - Brooklyn. Nearby schools include P.S. 202 Ernest S Jenkyns, Van Siclen Community Middle School and The School For Classics: An Academy Of Thinkers. 707 Shepherd Avenue is a 0-bed, 0-bath, 0.05 ac of land on a 2,000 sq. ft. / 0.05 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mitra Hakimi Realty Group LLC

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. 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. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.