Jeffrey Farnell - Smitchger Realty Logo
$1,299,999
 $6,979 est/mo Sourced by Back At You

557 Eldert Lane,Brooklyn, NY 11208

Brooklyn, NY 11208

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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 parkinga 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.

Details

MLS #978611
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1965
Days On Site150
Listing Provided ByCharles Rutenberg Realty Inc | Shobna D. Kowlessar

Features

Bed(s)7
Bath(s) 5 Total
Garage1
Units3
Acreage0.17

Interior

CoolingNone
HeatingBaseboard, Natural Gas
Interior FeaturesOriginal Details

Exterior

Construction MaterialsBrick
Lot FeaturesNear Public Transit, Near School, Near Shops

Parking

Garage Yes / NoYes
Parking FeaturesDriveway, Private

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Taxes

Tax Year2026
Tax Annual Amount7113
Tax Lot14

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11208
School DistrictTransit Tech Career And Tech Edu
Elementary SchoolPs 214 Michael Friedsam
High SchoolTransit Tech Career And Tech Edu
Listing VS Median (in 11208)
Price:
$1,299,999
low | high
Med:
$899,000
80.846100650847% of Average
On site:
150
low | high
Med:
86
100% of Average
Sourced by Back At You

Market Activity 11208

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Learn More About This Property

Jeffrey Farnell

Jeffrey Farnell

John J Lease REALTORS

GRI (914) 850-1257jeffreygfarnell@yahoo.com
StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11208
School DistrictTransit Tech Career And Tech Edu
Elementary SchoolPs 214 Michael Friedsam
High SchoolTransit Tech Career And Tech Edu
Listing VS Median (in 11208)
Price:
$1,299,999
low | high
Med:
$899,000
80.846100650847% of Average
On site:
150
low | high
Med:
86
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $974K - $1.624M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
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568 Drew Street Property Photo 1
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568 Drew Street
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Listing Updated: August 1, 2026 at 10:06:18 AM PDT

Jeffrey Farnell - Smitchger Realty