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About This Home
This 7-bedroom, 5-bathroom residential multi family at 557 Eldert Lane in Brooklyn, NY is listed for $1,399,999. Built in 1965, on a 0.07 acres lot.
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.
Key Features
- Built in 1965
- 0.07 acre lot
- 4 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$7,487/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
557 Eldert Lane
Brooklyn, NY 11208
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Questions & Answers
This 7-bedroom, 5-bathroom residential multi family at 557 Eldert Lane is listed at $1,399,999. The estimated monthly payment is $6,067 based on 20% down at 6.5% interest.
Key features include: Built in 1965, 0.07 acre lot, 4 parking spaces. Interior Features: Original Details.
This property is listed by Shobna D. Kowlessar and can be reached at 5169675661 or dkhomesales@gmail.com.
