1 / 34 
Welcome to 198 Shepherd Avenue, located in the heart of East New York, Brooklyn! This spacious two-family residence offers 5 bedrooms and 3 bathrooms, with a versatile layout featuring three rentable units, making it an excellent opportunity for homeowners and investors alike.
The property features a fully finished, walk-in basement apartment with one bedroom, full-size windows, and a comfortable living space, offering additional rental income potential. With three rentable units, this property provides flexibility for both owner-occupants and investors seeking income-producing opportunities.
Conveniently located near shopping, schools, parks, restaurants, and public transportation. Don’t miss this fantastic opportunity to own a multifamily investment property in Brooklyn!
| Listed | October 28, 2026 |
| Days on Market | 15 |
| Last Updated | November 8, 2026 |
Full public sale/price history isn't available through our listing feed for this property.
Drag the sliders above to model your own purchase price, term, down payment, and rate — the numbers update live. For a precise breakdown, use our NYC Buyer Closing Cost Calculator and Commission Rebate Calculator.
198 Shepherd Avenue – For Sale
198 Shepherd Avenue – For Sale
Due to recent rule changes, buyer agent commissions are no longer advertised on the MLS. NestApple estimates your rebate as up to 2% of the purchase price, based on our standard commission-sharing arrangement. Prior to any showing, we will confirm the exact commission and rebate amount with the listing agent and with you in writing. Commissions are not set by law and are fully negotiable. Listing information for this property is sourced via the REBNY RLS, which does not fix, control, recommend, suggest or maintain any commission rates and/or fees for services, and is not the source of any commission information.
Closed-sale data isn't available through our current listing feed for this neighborhood.
