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$1,299,999

557 Eldert Ln

Brooklyn, NY
Active
7
Bedrooms
5
Bathrooms
1965
Year Built
202
Days On Market

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 Information

Listing Updated
09/18/2026
Listed By
Shobna D. Kowlessar · Charles Rutenberg Realty Inc, 5165757500
MLS#
978611
Source
OneKey MLS
Status
Active

Facts & Features

Location

Community Information

Address
557 Eldert Ln, Brooklyn, NY 11208
City
Brooklyn
County
Kings (Brooklyn)
Zip Code
11208

Architecture

Bedrooms
7
Bathrooms
5
Year Built
1965
Style
Mid Rise
Construction Materials
Brick
Garage
Yes
Garage Spaces
1
Parking Features
Driveway, Private

Features & Amenities

Flooring
Hardwood
Cooling
None
Heating
Natural Gas, Baseboard

Property Features

Lot Features
Near Public Transit
Water
Public
Sewer
Public Sewer
Utilities
Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

Tax & Financial Information

List Price
$1,299,999
Annual Taxes
$7,113
Association Amenities
Park

Schools

73/100
Ps 214 Michael Friedsam
Elementary · Grades PK–05 · 0.1 mi
Assigned school for this home
City
Brooklyn
Students
768
Parent reviews
5.0★ avg · 2 reviews
Student body
60% Asian · 25% Hispanic / Latino · 11% Black
Free/reduced lunch
81%
Phone
(718) 647-1740
97/100
Is 171 Abraham Lincoln
Middle · Grades 06–08 · 0.7 mi
City
Brooklyn
Students
549
Parent reviews
1.0★ avg · 2 reviews
Student body
77% Hispanic / Latino · 14% Black · 4% Asian
Free/reduced lunch
94%
Phone
(718) 647-0111
77/100
Our World Neighborhood Charter School 2
Elementary · Grades KG–05 · 0.6 mi
City
Howard Beach
Students
437
Parent reviews
5.0★ avg · 2 reviews
Student body
46% Black · 43% Hispanic / Latino · 4% Asian
Free/reduced lunch
81%
Phone
(718) 392-3405
76/100
Queens Explorers Elementary School
Elementary · Grades PK–05 · 0.9 mi
City
Ozone Park
Students
361
Parent reviews
5.0★ avg · 4 reviews
Student body
50% Hispanic / Latino · 24% Asian · 14% White
Free/reduced lunch
77%
Phone
(718) 558-7088
74/100
Brooklyn Scholars Charter School
Elementary · Grades KG–08 · 0.6 mi
City
Brooklyn
Students
702
Parent reviews
5.0★ avg · 2 reviews
Student body
68% Black · 24% Hispanic / Latino · 7% Asian
Free/reduced lunch
91%
Phone
(718) 348-9360
53/100
Ps 159 Isaac Pitkin
Elementary · Grades PK–05 · 0.3 mi
City
Brooklyn
Students
844
Student body
37% Black · 34% Asian · 26% Hispanic / Latino
Free/reduced lunch
71%
Phone
(718) 277-4828
53/100
School For Classics High School
High · Grades 09–12 · 0.7 mi
City
Brooklyn
Students
269
Student body
37% Hispanic / Latino · 35% Black · 14% Asian
Free/reduced lunch
92%
Phone
(718) 277-1069
53/100
East Brooklyn Ascend Charter School (Ebacs)
Elementary · Grades KG–04 · 0.9 mi
City
Brooklyn
Students
49
Student body
51% Hispanic / Latino · 39% Black · 6% Two or More Races
Free/reduced lunch
67%
Phone
(347) 442-7990

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
07/25/2026Price change$1,299,999
03/30/2026Listed for sale$1,399,999

Listed by Shobna D. Kowlessar · Charles Rutenberg Realty Inc · 5165757500

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.

Last Updated: September 18, 2026 at 3:53 PM | Source: OneKey MLS | MLS#: 978611

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