557 Eldert Ln Brooklyn, NY 11208
East New York NeighborhoodEstimated payment $8,074/month
Highlights
- Property is near public transit, schools, and shops
- 1-minute walk to Grant Avenue
- Baseboard Heating
- Wood Flooring
- Park
- 4-minute walk to Robert E Venable Park
About This Home
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.
Listing Agent
Charles Rutenberg Realty Inc Brokerage Email: rpfeffer@crrli.net License #10301221417 Listed on: 03/30/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,113
Year Built
- Built in 1965
Lot Details
- 3,191 Sq Ft Lot
- Lot Dimensions are 31.75x100.5
Parking
- 1 Car Garage
- Private Parking
- Driveway
Home Design
- Triplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Full Bathrooms
Schools
- Ps 214 Michael Friedsam Elementary School
- JHS 218 James P Sinnott Middle School
- Transit Tech Career And Tech Edu High School
Utilities
- No Cooling
- Baseboard Heating
- Heating System Uses Natural Gas
- Natural Gas Connected
Additional Features
- Wood Flooring
- Property is near public transit, schools, and shops
Listing and Financial Details
- Legal Lot and Block 14 / 4224
- Assessor Parcel Number 04224-0014
Community Details
Overview
- 3 Units
Recreation
- Park
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,282 | $43,920 | $17,100 | $26,820 |
| 2024 | $7,282 | $51,660 | $17,100 | $34,560 |
| 2023 | $6,949 | $47,040 | $17,100 | $29,940 |
| 2022 | $6,444 | $38,520 | $17,100 | $21,420 |
| 2021 | $6,409 | $42,240 | $17,100 | $25,140 |
| 2020 | $6,364 | $41,220 | $17,100 | $24,120 |
| 2019 | $6,320 | $41,220 | $17,100 | $24,120 |
| 2018 | $5,812 | $28,513 | $13,044 | $15,469 |
| 2017 | $5,484 | $26,900 | $11,425 | $15,475 |
| 2016 | $4,963 | $25,380 | $14,554 | $10,826 |
| 2015 | $3,061 | $25,200 | $19,500 | $5,700 |
| 2014 | $3,061 | $25,179 | $19,244 | $5,935 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2026 03/30/26 | For Sale | $1,399,999 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: OneKey® MLS
MLS Number: 978611
APN: 04224-0014
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Based on information submitted to the MLS GRID
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