Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
125 SHEPHERD Avenue

For Sale · Listing by Revived Residential

125 SHEPHERD Avenue

East New York, Brooklyn

$828,000

Interested in this property?
Active For Sale • Multi Family

$828,000

$267 per sq ft

125 SHEPHERD Avenue

East New York, Brooklyn

MLS® #RLS20120539

RLS at REBNY

Listing by Revived Residential

Open House Scheduled

Sunday, October 18 • 12:00 PM – 1:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

3
Bedrooms
3
Baths
3,100
Sq. Ft.
1910
Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 3,100 sq ft
Lot Size 2,033.4 sq ft
Year Built 1910
Ownership None
Property Taxes $6,312/yr
Neighborhood East New York
Floor 1 of 2

Property Highlights

  • Views: Other
  • Outdoor Space: Patio
  • Character: Pre-war building (1910)

Property Details

Type Multi Family
Ownership None
Total Rooms 14
Baths 3 Full
Floor 1 of 2
View Other
Pets Yes
Year Built 1910
Living Area 3,100 sq ft
Structure Type Townhouse
Basement Other
Lot Size 2,033.4 sq ft
Block/Lot 03929/0011

Listing History

Event Date Price Change
Listed Oct 13, 2026 $828,000 -
Currently Oct 14, 2026 $828,000 -

Description

Vintage character, two full-floor apartments and a backyard bring opportunity to 125 Shepherd Avenue in Cypress Hills. Set within a row of brick homes, the house retains distinctive details, including a decorative cornice, a wood entry door and substantial interior moldings. Each apartment extends from front to back, with separate living and dining spaces, a kitchen and a bathroom. Each floor provides multiple layout configurations, offering flexibility in how the spaces are used. The interiors combine updates with well-preserved vintage finishes. The upper apartment's kitchen features wood cabinetry and stone countertops, while the lower apartment retains metal cabinets and a classic sink with drainboards on both sides. Pink tubs and vintage bathroom tile add personality, with both bathrooms in notably well-maintained condition. A paved backyard provides space for outdoor dining, container gardening or relaxing outside. The basement offers additional storage and utility space. The two-apartment layout offers options for buyers seeking a home with rental income potential or investors looking to add to their portfolio. Buyers may also explore the possibility of combining the lower apartment with the basement to create an owner's duplex. Area highlights include Highland Park's playgrounds, tennis courts and green space, along with walking paths around Ridgewood Reservoir. The nearby Norwood Avenue J/Z station provides subway access to Manhattan.

Features & Amenities

Interior Features

Smoke Free In Unit

Exterior Features

Garden Private Outdoor Space Over60 Sqft Patio

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 2
Structure Townhouse

Financial Details

RE Taxes $6,312/yr ($526/mo)

East New York offers a wide range of housing types including semi-detached homes, two-to-four-family houses, brick rowhouses, and new affordable construction developments along major corridors like Atlantic and Pennsylvania Avenues. The neighborhood has strong transit coverage with the 2, 3, 4, and 5 trains on the New Lots Line and the L train along the Canarsie Line, plus the major transfer hub at Broadway Junction. Shirley Chisholm State Park on Jamaica Bay and Spring Creek Park provide waterfront green space along the neighborhood's southern edge.

East New York Live Market Data

View Neighborhood

Active Listings

19

Median Asking Price

$799K

Median $/Sqft

$410

Avg Days on Market

N/A

New This Week

1

Price Reduced

21%

Sold (30 Days)

1

Median Sale Price

$990K

Live data from RLS at REBNY • Updated 10/14/26, 4:43 PM EST

Similar Listings in East New York

View All

Location

Loading map...

125 SHEPHERD Avenue, East New York, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
2
Floors
3
Residential Units
R4
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $52,920
Land Value: $18,000
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,033 SF
Building Area: 2,120 SF
Built FAR: 1.04
Allowed FAR: 1

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $6,312, or roughly $526 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 3,100 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is None

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $828,000 for 3,100 sq ft, the asking price per square foot is approximately $267. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20120539
First Listed: 10/13/2026
On Market: 10/13/2026
Price Changed: 10/13/2026
Contract Date: 10/13/2026

Listing Courtesy of Revived Residential - Hiram T Borrero

Listing Contact: (347) 688-2368

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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/14/2026 at 8:43 PM UTC

See it in person

Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

View Bio →

Sale history, taxes, violations and comps for this unit

(917) 416-7433 WhatsApp Email Milton
Hablo Español

East New York Market Update

1 sale last 30 days · $799K median · 19 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Active Type Multi Family Neighborhood East New York Borough Brooklyn
County Kings
Floor 1 of 2
Year Built 1910
First Listed 10/13/2026
Living Area 3,100 sqft
Annual Tax $6,312

Monthly Costs Estimate

Down Payment 20%

$165,600

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $526
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Back to Search

Find more properties

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Are you already working with an agent? (optional)

Your info is secure and never shared.

You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.

Call Text Email