557 Eldert Lane
Brooklyn, NY 11208
East New York- 7 Beds
- 5 Baths
7 Beds
5 Baths
Home Highlights
Parking
Garage
Climate Control
Baseboard, Natural Gas Heating
Listed
142 days ago
Local Information
-- mins to
About this House
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.
Last check for updates: about 4 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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Interior Details Basement: None |
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: Baseboard,Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa No FireplaceNo Spa |
Gas & Electric Gas: Separate Gas Meters: 2Has 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: 124Days on Market: 142 |
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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: $1,299,999 |
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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 |
Around this home
What Locals Say about East New York
At least 2739 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
46 % 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
Sourced by Trulia users. Learn more about our methodology.
Market trends in New York
Last updated July 2026
Avg. sale price
$794K
$26.67KMoM
Sale-to-List Price
98.0%
0.1%MoM
Price per sq ft
$679
$26MoM
Available listings
17724
933MoM
Home Value
Trulia Estimate
$1.24MSince last month
Increased$11K (+0.9%)Since last year
Increased$158K (+14.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +100% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.24M |
| July 2026 | $1.23M |
| June 2026 | $1.34M |
| May 2026 | $1.34M |
| April 2026 | $1.35M |
| March 2026 | $964K |
| February 2026 | $922K |
| January 2026 | $956K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.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 | |
0.42 | Multi-Family Home | $640,000 | 05/27/26 | 7 | 3 | 3,036 | |
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 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $1,194,400 | 7 | 4 | - | Off Market | |
0.08 | $1,180,000 | 8 | 3 | 2,500 | For Sale | |
0.09 | $1,117,800 | 5 | 4 | - | Off Market | |
0.09 | $828,300 | 3 | 2.5 | 1,360 | Off Market | |
0.10 | $759,000 | 4 | 2 | 1,400 | For Sale | |
0.10 | $705,000 | 3 | 2 | 1,400 | Off Market | |
0.10 | $810,000 | Studio | - | - | Recently Sold | |
0.12 | $735,400 | 3 | 1.5 | - | Off Market | |
0.13 | $1,142,800 | 6 | 4 | 2,560 | Off Market | |
0.15 | - | 6 | 4 | - | Off Market | |
0.10 | $985,700 | 7 | 3 | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 25, 2026 Source: OneKey® MLS as distributed by MLS GRID #978611 | PriceChange | $1,299,999 Price decreased by 7% |
Mar 31, 2026 Source: OneKey® MLS as distributed by MLS GRID #978611 | Listed For Sale | $1,399,999 |
Jul 29, 2024 Source: OneKey® MLS as distributed by MLS GRID #3509159 | ListingRemoved | |
Oct 7, 2023 Source: OneKey® MLS as distributed by MLS GRID #3509159 | Listed For Sale | $1,499,999 |
Jul 1, 2023 Source: OneKey® MLS as distributed by MLS GRID #3482575 | ListingRemoved | |
Jun 5, 2023 Source: OneKey® MLS as distributed by MLS GRID #3482575 | Listed For Sale | $2,500,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $7,201 | $732,000 |
Home facts updated by county records
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 2026-08-19 18:03:34 PDT 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
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Frequently asked questions about 557 Eldert Lane
- What is the estimated monthly payment for 557 Eldert Lane?Based on a $1,299,999 list price with 20% down at today's rates, the estimated monthly payment for 557 Eldert Lane in Brooklyn, NY is approximately $7,480 (about $6,625 principal & interest, $780 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 557 Eldert Lane compare to homes in Brooklyn?557 Eldert Lane in Brooklyn, NY is listed at $1,299,999, about 64% above the $794K median sale price in Brooklyn.
- What do residents say about the East New York neighborhood?Residents describe the East New York neighborhood in Brooklyn, NY as pedestrian-friendly, walkable to grocery stores, and dog-friendly. See homes for sale in East New York, Brooklyn.
- What are the closest schools to 557 Eldert Lane?The closest schools to 557 Eldert Lane in Brooklyn, NY are Jhs 218 James P Sinnott (Middle, rated 5/10), Ps 214 Michael Friedsam (Pre-K/Elementary, rated 7/10), Transit Tech Career and Technical Education High School (rated 4/10).
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.