In contract

$699,000

38 Shepherd Ave, Brooklyn, NY 11208

3beds

1,424sqft

Single Family Residence

Built in 1910

-- sqft lot

$694,300 Zestimate^®

$491/sqft

$-- HOA

What's special

Private backyardBeautiful residential block

Cypress Hills, Brooklyn – Opportunity Knocks Opportunity to own a solid, well-loved home in the heart of Cypress Hills on a beautiful residential block where homeowners tend to stay for years. This warm and inviting property features: 3 bedrooms 1 full bathroom Full basement with excellent finishing potential Private backyard Hardwood floors beneath the existing carpeting Priced to sell and ready for its next chapter, this home offers the perfect opportunity to renovate, personalize, and build equity. Conveniently located near transportation, shopping, schools, and parks, with easy access to both Queens and Manhattan. Don’t miss this chance to own a home in one of Brooklyn’s most established and desirable neighborhoods. Schedule your private showing today.

37 days

357

12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Features

Has fireplace: No

Interior area

Total structure area: 1,424
Total interior livable area: 1,424 sqft

Property

Details

Parcel number: 039110040
Special conditions: Resale

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

Year built: 1910

Community & HOA

Community

Subdivision: Cypress Hills

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $491/sqft
Tax assessed value: $825,000
Annual tax amount: $4,785
Date on market: 6/9/2026

Estimated market value

$694,300

$660,000 - $729,000

$3,386/mo

Price history

Date	Event	Price
6/29/2026	Contingent	$699,000$491/sqft
Source: StreetEasy #S1832892 Report a problem
6/29/2026	Pending sale	$699,000$491/sqft
Source: BNYMLS #502164 Report a problem
6/9/2026	Listed for sale	$699,000$491/sqft
Source: BNYMLS #502164 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,785 +4.6%	$49,500 -3.8%
2024	$4,576	$51,480 -7.3%
2023	--	$55,560 +11.2%
2022	--	$49,980 +29.3%
2021	--	$38,640 +19.7%
2020	$2,578 +9.5%	$32,280 +13.7%
2019	$2,355 -37.2%	$28,380 +58.4%
2018	$3,747 +3.7%	$17,914 +1%
2017	$3,615 +326.3%	$17,733 +5.9%
2016	$848	$16,748 +0%
2015	$848 +77.2%	$16,744 +5.8%
2014	$479	$15,823 +6%
2013	--	$14,929 +1%
2012	--	$14,778 +5.9%
2011	--	$13,957 +0%
2010	--	$13,954 +5.8%
2009	--	$13,186 +6%
2008	--	$12,441 +1%
2007	--	$12,315 +5.9%
2006	--	$11,631 +0%
2005	--	$11,629 +5.8%
2004	--	$10,989 +6%
2003	--	$10,368 +1%
2002	--	$10,263 +5.9%
2001	--	$9,693 +0%
2000	--	$9,691

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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