557 Eldert Lane
Brooklyn, NY 11208
East New York- 7 Beds
- 5 Baths
7 Beds
5 Baths
Local Information
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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.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
48 days ago
Last check for updates: about 13 hours ago
Listing by: Charles Rutenberg Realty Inc, (516) 575-7500
Shobna D. Kowlessar, (516) 967-5661
Source: OneKey® MLS as distributed by MLS GRID, MLS#978611

Also Listed on OneKey® MLS as distributed by MLS GRID.
Home Details for 557 Eldert Lane
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Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 5Number of Bathrooms (full): 5 |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
Heating & Cooling Heating: BaseboardNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa No FireplaceNo Spa |
Gas & Electric Gas: Separate Gas Meters: 3Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Floors: Hardwood |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas Open ParkingParking Spaces: 4Parking: Driveway,Private |
Frontage Responsible for Road Maintenance: Public Maintained Road |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 22Days on Market: 48 |
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Year Built Year Built: 1965 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex, Multi Family |
Building Construction Materials: BrickNot Attached Property |
Property Information Condition: ActualParcel Number: 042240014 |
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Price List Price: $1,399,999 |
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MLS Status: Active |
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Direction & Address City: Brooklyn |
School Information Elementary School: Ps 214 Michael FriedsamJr High / Middle School: Jhs 218 James P SinnottHigh School: Transit Tech Career And Tech EduHigh School District: Brooklyn 19 |
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Listing Agent Listing ID: 978611 |
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Not Senior Community |
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Lot Area: 3191 sqft |
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Special Conditions: None |
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Listing Agreement Type: Exclusive Right To Sell |
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Mls Number: 978611Attic: NoneAttribution Contact: rpfeffer@crrli.netShowing Requirements: 24 Hour Notice, Appointment Only, Call Listing Agent |
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HOA Amenities: Park |
Price History for 557 Eldert Lane
| Date | Price | Event | Source |
|---|---|---|---|
| 03/31/2026 | $1,399,999 | Listed For Sale | OneKey® MLS as distributed by MLS GRID #978611 |
| 07/29/2024 | ListingRemoved | OneKey® MLS as distributed by MLS GRID #3509159 | |
| 10/07/2023 | $1,499,999 | Listed For Sale | OneKey® MLS as distributed by MLS GRID #3509159 |
| 07/01/2023 | ListingRemoved | OneKey® MLS as distributed by MLS GRID #3482575 | |
| 06/05/2023 | $2,500,000 | Listed For Sale | OneKey® MLS as distributed by MLS GRID #3482575 |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $7,282 |
| Assessment | $861,000 |
Home facts updated by county records
Comparable Sales for 557 Eldert Lane
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.33 | Multi-Family Home | $1,200,100 | 11/21/25 | 7 | 3 | 2,280 | |
0.44 | Multi-Family Home | $1,090,000 | 01/06/26 | 6 | 4 | 3,432 | |
0.30 | Multi-Family Home | $1,150,000 | 04/17/26 | 8 | 3 | 2,299 | |
0.37 | Multi-Family Home | $1,120,000 | 04/21/26 | 6 | 3 | - | |
0.36 | Multi-Family Home | $900,000 | 08/21/25 | 5 | 4 | 2,340 | |
0.43 | Multi-Family Home | $940,000 | 04/29/26 | 6 | 4 | 2,132 |
Assigned Schools
These are the assigned schools for 557 Eldert Lane.
What Locals Say about East New York
At least 2737 Trulia users voted on each feature.
88 % Say there are sidewalks
86 % Say it's walkable to grocery stores
74 % Say it's dog friendly
68 % Say it's walkable to restaurants
65 % Say streets are well-lit
60 % Say kids play outside
58 % Say yards are well-kept
56 % Say there's holiday spirit
48 % Say car is needed
48 % Say neighbors are friendly
45 % Say they plan to stay for at least 5 years
42 % Say people would walk alone at night
40 % Say there are community events
38 % Say it's quiet
36 % Say parking is easy
36 % Say there's wildlife
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Shobna D. Kowlessar, Charles Rutenberg Realty Inc, (516) 575-7500
Agent Phone: (516) 967-5661

Based on information submitted to the MLS GRID as of 2026-02-06 15:18:24 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
557 Eldert Lane, Brooklyn, NY 11208 is a 7 bedroom, 5 bathroom multi-family built in 1965. 557 Eldert Lane is located in East New York, Brooklyn. This property is currently available for sale and was listed by OneKey® MLS as distributed by MLS GRID on Mar 31, 2026. The MLS # for this home is MLS# 978611.