557 Eldert Ln Brooklyn, NY 11208
East New York NeighborhoodEstimated payment $7,738/month
Highlights
- Property is near public transit, schools, and shops
- Park
- Baseboard Heating
- Wood Flooring
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
- Mid-Rise Community
Recreation
- Park
Building Details
- 3 Separate Electric Meters
- 2 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $7,288 | $38,580 | $17,100 | $21,480 |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/25/2026 07/25/26 | Price Changed | $1,299,999 | -7.1% | -- |
| 03/30/2026 03/30/26 | For Sale | $1,399,999 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: OneKey® MLS
MLS Number: 978611
APN: 04224-0014
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