Brooklyn, NY 11208,707 Shepherd AVE
$255,000
$299,999
15.0%
Est.Price: ?

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2,178 Sqft Lot

707 Shepherd AVE Brooklyn, NY 11208

Est. payment /mo
SOLD DATE : 07/30/2024

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Key Details

Sold Price $255,000

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID KEYL3529701

Sold Date 07/30/24

Originating Board onekey2

Rental Info No

Year Built 1950

Annual Tax Amount $515

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 20x100

Property 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 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.

Location

State NY

County Kings (brooklyn)

Interior

Fireplace No

Exterior

Private Pool No

Building

Lot Description Cleared

Sewer Public Sewer

Water Public

Schools

Elementary Schools Ps 202 Ernest S Jenkyns

Middle Schools East New York Middle Sch-Excellence

High Schools Brooklyn Lab School

School District Brooklyn 19

Others

Special Listing Condition None

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Listed by Mitra Hakimi Realty Group LLC
Bought with Mitra Hakimi Realty Group LLC

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Kadiatou Balde

Agent | License ID: 10401287620

+1(646) 726-7948

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