183 Shepherd Ave, Brooklyn, NY 11208

Exceptional opportunity for homeowners, investors, and developers in the heart of East New York, Brooklyn. Situated on a valuable lot with approximately 3,800 square feet of additional development rights (air rights), this property offers immediate usability and significant future upside. The existing residence is a charming 1-bedroom, 1-bathroom duplex home featuring approximately 520 square feet of living space. The flexible two-level layout provides comfortable living while leaving tremendous potential for expansion, redevelopment, or long-term investment. One of the property's most unique features is its expansive parking capacity, accommodating up to 10 vehicles, making it ideal for contractors, business owners, fleet operators, or investors seeking rare off-street parking in Brooklyn. Conveniently located near major shopping corridors, supermarkets, restaurants, schools, and neighborhood amenities. Commuters will appreciate easy access to multiple subway lines, bus routes, and major transportation arteries, providing quick connections throughout Brooklyn, Queens, and Manhattan. Property Highlights: 1 Bedroom / 1 Bathroom Duplex Home Approximately 520 SF Existing Residence Approximately 3,800 SF of Additional Air Rights Parking for Up to 10 Vehicles Excellent Development and Investment Potential Convenient Access to Shopping and Services Close to Subway and Public Transportation Prime East New York Location Whether you're seeking a unique live-in property, land-bank investment, or future development site, this East New York opportunity offers exceptional versatility and long-term value.