Date
Details
Price
Change
Source
3/30/2026
Listed
$1,399,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Welcome to this well-maintained semi-detached 3-family property in the highly desirable Cypress Hills neighborhood (border of Ozone Park), an exceptional investment opportunity with strong income potential. Ideally located just minutes from public transportation (A -train), major highways, shopping, schools, and JFK Airport, this property offers convenience that consistently attracts tenants. This income-producing property features three units, a sprinkler system inside the building, and a skylight that enhances natural light. The first-floor unit includes a handicap-accessible bathroom, expanding tenant appeal. A private driveway accommodating up to four vehicles, along with a one-car attached garage, provides valuable off-street parking-a bonus for tenants. The spacious backyard offers great outdoor space, perfect for tenant enjoyment or added value. Whether you're looking to expand your portfolio or secure a solid multi-family asset in a high-demand rental area, this property checks all the boxes.
Full Property Details
Full Property Details for 557 Eldert Ln
General
- Price: $1,399,999
- Taxes: $7,113
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 978611
- Updated: 3/30/2026
- Added to Site: 60 day(s) ago
Interior
- Interior Features: Original Details
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 7
Additional Information
- Shared Amenities: Park
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 4
- Parking Features: Driveway, Private
Location
- County: Kings (Brooklyn)
- Cross Streets: Glenmore Ave
- Driving Directions: off Conduit to Eldert Lane
School Information
- High School District: Brooklyn 19
- Elementary School: Ps 214 Michael Friedsam
- Middle School: Jhs 218 James P Sinnott
- High School: Transit Tech Career And Tech Edu
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Natural Gas
- Heating Zones: 3
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement Desc.: None
- Year Built: 1965
Lot Features
- Lot Size (Sq. Ft.): 3,191
- Lot Dimensions: 31.75 x 100.5
- Road Maintenance: Public Maintained Road
- Lot Features: Near Public Transit, Near School, Near Shops
Financial Considerations
- Taxes Include: Sewer, Trash
- Tax Amount: $7,113
Disclosures and Reports
- Special Conditions: None
- Property ID: 04224-0014
- Block: 4224
- Lot Number: 14
Listed by Charles Rutenberg Realty Inc
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Listing agent
— 557 Eldert Ln —
Charles Rutenberg Realty Inc
rpfeffer@crrli.net
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 557 Eldert Ln
School District:New York City Geographic School District 19
| Name | Grades | Distance |
|---|---|---|
Ps 214 Michael Friedsam 2944 Pitkin Avenue, Brooklyn, NY 11208 | PK-5 | 0.1 mi |
Jhs 218 James P Sinnott 370 Fountain Avenue, Brooklyn, NY 11208 | 6-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 557 Eldert Ln
Tax History
Tax History for 557 Eldert Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,288
—
$38,580
6%
2025
$7,288
—
$36,288
-30%
2024
$7,282
6%
$51,660
10%
2023
$6,872
5%
$47,040
22%
2022
$6,556
-49%
$38,520
-9%
2021
$12,819
100%
$42,240
2%
2020
$6,401
—
$41,220
—
2019
$6,395
30%
$41,220
62%
2015
$4,928
—
$25,380
1%
2015
$4,928
8%
$25,200
—
2014
$4,560
—
$25,179
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 557 Eldert Ln
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- Multi-Family
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- Updated 12 days ago
- 7Total Beds
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Listed by BLT Minimax Realty Inc
557 Eldert Lane, Brooklyn, NY 11208 (MLS# 978611) is a Multi-Family property with 3 units containing 7 bedrooms and 5 full bathrooms. 557 Eldert Lane is currently listed for $1,399,999 and was received on March 30, 2026. Want to learn more about 557 Eldert Lane? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.