557 Eldert Lane, Brooklyn, NY 11208

$1,299,999
7
BD
5
BA

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List Price
$1,299,999
Price Change
▼ $100,000 1785000767
Status
ACTIVE
Style
Mid Rise
Bedrooms
7
Bathrooms
5
MLS#
978611

Property 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 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.

Additional Information

Lot Size
3191
Basement
None
Finished Basement
N
Garage Spaces
1
Driveway
Pvt
Year Built
1965
School District
Brooklyn 19
Taxes
$7,113
Heating
Baseboard, Natural Gas
Parking
Driveway, Private
Parking Spaces
4
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Shobna D. Kowlessar (dkhomesales@gmail.com) from Listing Office: Charles Rutenberg Realty Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . 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.