7 months on rocket

764 Shepherd Ave, Brooklyn, NY, 11208

$278,000

0.04 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #L3551490
Lot Size0.04 Acres
StatusActive

About 764 Shepherd Ave

Welcome to an exciting investment opportunity at 764 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 $799, this property provides a financially advantageous prospect. 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.

Property Details

Property Features

Listing Office:

  • Office Name: Mitra Hakimi Realty Group LLC
  • Office Phone: (718) 268-5588

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.04 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $278,000

Tax Information:

  • Annual Amount: $707
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

Med. Sold Price

$979.9K

Med. Price/SqFt

$701

Avg. Days On Market

111

# of Sold Homes

385

764 Shepherd Ave vs Brooklyn

224 DAYS ON ROCKET

+113 Days

$278,000

-$701.9K Less

KEY TAKEAWAY

This property is $701.9K less than the Median Sold Price in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY2
  • MLS Number: #L3551490

Listing Office:

  • Office Name: Mitra Hakimi Realty Group LLC
  • Office Phone: (718) 268-5588

IDX 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.

IDXThe 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 2024, 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: 12/25/2024, 11:11:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$707$8,760
2019$707$8,760
2018$637$3,312
2017$590$3,125

History based on county public records data.

Payment Calculator

$1,455

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$900

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1503928
5
/10
  • P.S. 202 Ernest S. Jenkyn's School

  • 982 Hegeman Ave

  • 0.06 miles

  • Public District Grades KG-6

school-card-donut-1503929
2
/10
  • East New York Elementary School of Excellence

  • 605 Shepherd Ave

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-1503930
4
/10
  • P.S. 273 Wortman School

  • 923 Jerome St

  • 0.53 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,806. Residents of Brooklyn, NY typically earn between $35k-100k each year. The most common type of family is single, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 764 Shepherd Ave

What is the listing price of this property?

The listing price of 764 Shepherd Ave property is $278,000.

What type of property is this?

The property 764 Shepherd Ave is land located in Brooklyn, New York, 11208.

Is this property for sale now?

Active Listing: 764 Shepherd Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $707 (source: MLS/based on county public records data).

How much acreage is this property?

The property 764 Shepherd Ave is 0.04 acres.
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Rocket HomesNew YorkKings CountyBrooklyn11208764 Shepherd Ave

This home is located at 764 Shepherd Ave in Brooklyn, NY and zip code 11208 in the East New York neighborhood. This home sits on a 0.04 acre lot. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $278,000.

In November 2024, from all listings sold in Brooklyn, NY there were more than 28 sold above asking price, over 161 sold below and more than 196 were sold right at the asked price. In November 2024 in Brooklyn, NY there were 10.5% less homes for sale than in October 2024. Listings spent 111 days on the market in November 2024, and had a median list price of $979,913 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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