Buy with Yoreevo
$1,277,249
List Price: $1,299,999
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557 Eldert Lane

House in City Line •  building info
7bd • 5ba • 3,191ft² $407 per ft²
Buy with Yoreevo

$1,277,249

List Price

$1,299,999

Key Details
Days on market
162
Last price change
$100,000 (7.1%) on 7/25/26
Estimated payment
$7,988/mo
Taxes
Maintenance
N/A
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.

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Home features
Hardwood floors
Building amenities
Services and facilities
Parking

Garage

Building info

History
7/25/26
Price decreased 7.1%
$1,299,999
$100,000
3/30/26
Listed
$1,399,999
7/29/24
Delisted
$1,499,999
10/7/23
Listed
$1,499,999
What it'll cost
Purchase price
$1,299,000
Asking Price: $1,299,999
Term
30 Years
Down Payment
$129,000 (10%)
Min: 10% (129,000)
Rate
6.5 %
Mortgage Amount
$1,169,999
Mortgage Payment
$7,395
Taxes
$593
Estimated Yoreevo rebate
$22,750
Estimated closing cost
$48,000
Total monthly cost $7,988
Buy your dream home with us and get an estimated
$22,750 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Charles Rutenberg Realty Inc

Information ©2026, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.