Three-Family Property in Cypress
For Sale
$1,299,999
557 Eldert Lane, Brooklyn, NY 11208
Well-maintained, income-producing property near transportation, shopping, and JFK Airport.
Property SizeContact for details
Days on Market212
Property Features for 557 Eldert Lane
General Information
Standard status
Active
Total Parking Spaces
4
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$7,113
Amenities
Park
Baseboard, Natural Gas
Driveway, Private
Mid Rise
Building Details
Year Built
1965
Listing Agency:
Charles Rutenberg Realty, Inc.
Listed By:
Shobna D. Kowlessar
(516) 967-5661
Source:
Evrealestate
Added: Mar 30
Changed: Oct 26
Last Checked: Oct 26 at 3:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charles Rutenberg Realty, Inc.
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Investment Insights
Based on property information with market context.
This well-maintained semi-detached 3-family property is located in the Cypress Hills neighborhood, bordering Ozone Park. The property presents an investment opportunity with income potential. Its location provides convenient access to public transportation (A-train), major highways, shopping, schools, and JFK Airport. The income-producing property features three units, a sprinkler system, and a skylight. The first-floor unit includes a handicap-accessible bathroom. A private driveway accommodates up to four vehicles, and there is a one-car attached garage, providing off-street parking. The backyard offers outdoor space.
Key Highlights
- Strong income potential as a well‑maintained 3‑family property in a high‑demand rental area
- Excellent transit options with close proximity to the A‑train and major highways
- Private driveway for up to four vehicles plus a one‑car attached garage**
Property Analytics
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Location Intelligence
Trade Area within ½ mile
2,672
Businesses Nearby
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Business Placement
Demographics for 11208, NY
101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained, income-producing property near transportation, shopping, and JFK Airport.
Where is this apartment building located?
The property is located at 557 Eldert Lane Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: Strong income potential as a well‑maintained 3‑family property in a high‑demand rental area; Excellent transit options with close proximity to the A‑train and major highways; Private driveway for up to four vehicles plus a one‑car attached garage**
