7345 197th Street Fresh Meadows, NY $ 1,588,888
7345 197th Street
$ 1,588,888
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7345 197th Street

Fresh Meadows, NY, 11366
$ 1,588,888
Bedrooms4 Baths3.0 Sq 1,848

Monthly Estimate*

$ 9,783

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Multi-Family Home for sale in Fresh Meadows, NY

for $1,588,888 with 4 bedrooms and 3 full baths. This 1,848 square foot home was built in 1955 on a lot size of 0.0709.

Exceptional fully updated 2-family home in the heart of Fresh Meadows, ideally located near parks, transportation, shopping, and dining. Perfect for end-users seeking rental income or investors looking for a turnkey opportunity. Renovated just two years ago, this property features modern kitchens, updated bathrooms, and a fully finished basement with a laundry room. The first-floor unit offers access to the finished basement and includes a spacious living room, formal dining area, and an updated kitchen with direct access to the driveway and private backyard. Two generously sized bedrooms and a full bathroom complete the layout. The second-floor unit mirrors the first, offering a well-designed layout with a large living room, dining area, updated kitchen, two spacious bedrooms, and a beautifully renovated bathroom. The property is fully occupied by reliable tenants, making it an excellent income-producing asset. Located just two blocks from Cunningham Park, a 358-acre green space featuring sports fields, trails, and recreational areas. Conveniently situated near Union Turnpike and Francis Lewis Blvd, with easy access to multiple bus lines, the Long Island Expressway, and the Grand Central Parkway. Close to schools, shopping, and restaurants.

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Multi-Family Active

Price

$ 1,588,888

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 11,373

Style

Colonial

Lot Size

0.0709

Year Built

1955

Town/City

Fresh Meadows

County/Region

Queens

MLS | Web ID

994495

Features
Interior
Interior Amenities First Floor Bedroom First Floor Full Bath
Basement Finished Full
Basement Features Finished Full
Basement (Y/N) Y
Fireplace Y/N N
Total Bedrooms 4
Total Baths 3
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General
Sewer Public Sewer
Heating Natural Gas
Cooling Wall/Window Unit(s)
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Architectural Style Colonial
Construction Materials Brick
Year Built 1955
Tenant Pays Electricity Gas
Property Subtype Duplex
Tax Year 2025
Parcel Number 07185-0062
County Queens
Property Type Residential Income
Garage Y/N N
Full Baths 3
High School Francis Lewis High School
City New York
Senior Community Y/N N
High School District Queens 26
Number Of Units Total 2
Carport Y/N N
Elementary School Ps 26 Rufus King
Property Attached Y/N Y
Tax Annual Amount 11373.72
Middle/Junior High School Jhs 216 George J Ryan
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Queens 26
Elementary School District Queens 26
Tax Assessed Value 73800
Tax Lot 62
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Exterior
Parking Features Driveway Driveway
Water Source Public
Building Area Total 1848
Waterfront Y/N N
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Internal Only
Street Number 1 7345
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* Excluded Features
List By
Gregory R. Schmidt

Listing Agent

Mark International R E Corp

Broker

718-987-4500

Contact

Affordability Calculator

$10,731
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,783
Monthly Property Taxes
$948
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101049 Elementary School
4099170 Middle School
Francis Lewis High School High School
Pricing History
DatePricePrice ChangeDescription
5/5/2026$1,588,888 Listed Price

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7345 197th Street, Fresh Meadows, NY, 11366 is a Multi-Family Home for sale at $1,588,888 with 1,848 sqft and a lot size of 0.0709. 7345 197th Street has 4 bedrooms, 3.0 baths, and was built in 1955. The property's zip code is 11366 which is in Fresh Meadows, NY