RealtyLens
for saleRealtyLens property overview
$499,999

283 Shepherd Ave

Brooklyn, NY, 11208
View more Brooklyn, NY property pages
StudioBeds
N/ABaths
N/ASqft
N/A$/sqft

Listing Notes

Welcome to 283 Shepherd Ave, a fantastic short sale opportunity in the heart of East New York, Brooklyn! This three-unit, three-story residential building, built in 1930, offers 2,166 square feet of versatile living space on a 1,950-square-foot lot. Ideal for investors or owner-occupants, this property presents a chance to own a multi-family home in a vibrant neighborhood at a compelling value. Each of the three spacious units offers potential for comfortable living or rental income, with layouts that can accommodate modern updates. The building features a classic Brooklyn architectural style, with 19.5 feet of frontage and a depth of 42 feet, providing ample space for creative renovations. A full basement adds extra storage or potential for additional living space, subject to approvals. Located in the desirable R6B zoning district, this property is surrounded by the dynamic energy of East New York, with easy access to public transportation (A/C/J/Z/L trains), local shops, schools, and parks. Enjoy proximity to Highland Park and the evolving amenities of this up-and-coming neighborhood. Short Sale Notice: This property is being offered as a short sale, subject to lender approval. The home is sold as-is, with 93 open violations and two litigations that may require attention, presenting a unique opportunity for buyers with vision to restore its full potential. Priced to reflect its condition and short sale status, this is a rare chance to invest in Brooklyn's real estate market at a discounted rate. Don't miss out on this diamond in the rough! Contact us today to schedule a viewing and explore the possibilities of 283 Shepherd Ave. All offers must include proof of funds or pre-approval. Seize this opportunity to own a piece of Brooklyn's future!

Market Insights

Market comparison pendingN/A

Comparable price-per-square-foot data is still developing for this home.

Nearby median$523/sqft
Nearby properties8
Property sizeN/A
  • 8 nearby properties available for comparison.
  • Price history is limited, so current comps matter more than trend alone.
  • Square footage is missing, so valuation should lean more heavily on comps and condition.

Estimated Monthly Payment

Per month, all-in$3,286/mo

Assumes 20% down, 7.00% APR over 30 years. Tax and insurance are national-average estimates — your lender quote will differ.

  • Principal & interest$2,661
  • Property tax (est.)$458
  • Home insurance (est.)$167

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position8 nearby signals

Nearby inventory exists, but square-footage or price data is incomplete for a clean median comparison.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read4 items to check
AI ReadinessNeeds verification
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
374 days
Last price change
No change recorded
Listed
May 3, 2025
Photos
2 photos
Property type
multi family
Status
for sale
Last sold
Jun 10, 1987 · $152,000

Features & Amenities

BasementTwo Or More StoriesRental PropertyViewsDenParkShopping

Building Facts

Year built
1930
Stories
3
Total units
3
Residential units
3
Building area
2,166 sqft
Lot size
1,951 sqft
Land use
Multi-family walk-up buildings
Building class
C0

From NYC public records where available.

Price History

May 4, 2026Initial record
$499,999for sale

Public Records

DOB violations0 open

0 total recorded against the building

HPD violations99 open

20 class C (immediately hazardous)

ACRIS documents24

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)40,788

Top: illegal parking

Top complaint types in ZIP 11208

  • Illegal Parking7,750
  • Noise - Residential4,811
  • HEAT/HOT WATER3,756
  • Blocked Driveway3,675
  • UNSANITARY CONDITION1,520

Recent HPD

  • May 5, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
  • Nov 18, 2025Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
  • Jun 10, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
  • Nov 26, 2024Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...

Recent Transfers (ACRIS)

  • Dec 18, 2002DEED
  • Jul 9, 1993DEED
  • Oct 7, 2005DEED

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.