Discover a fantastic opportunity in the heart of Fresh Meadows.
This legal two-family home offers exceptional potential for buyers looking to add value and make it their own. Featuring 6 bedrooms and 4 full bathrooms, the property boasts a spacious and flexible layout, ideal for multi-generational living or an owner-occupant seeking additional rental income. With some TLC, this home can truly be transformed into a standout property.
Whether you’re an investor or end-user, this is a rare opportunity to unlock the full potential of an income-producing asset in a highly sought-after neighborhood.
Sold for $1,460,000
$1,460,000
5118 199th Street, Fresh Meadows, NY 11365
6beds
2,427sqft
Duplex, Multi Family
Built in 1950
-- sqft lot
$1,580,400 Zestimate®
$602/sqft
$3,156 Estimated rent
Home value
$1,580,400
$1.44M - $1.72M
$3,156/mo
Zestimate® history
Owner options
List your home for rent
$3,156/mo
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$3,156/mo
Rent Zestimate®
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$8,741/mo
Est. payment
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$8,741/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Margaret Cheung Lin 917-560-8818,
Keller Williams Rty Gold Coast 516-482-0200
Bought with:
Ding Yu, 10301224033
B Square Realty
Juan Yu, 10401394679
B Square Realty
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 933155
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Hot Water, Natural Gas
Cooling
- Wall/Window Unit(s)
Features
- First Floor Bedroom, First Floor Full Bath, Primary Bathroom
- Basement: Full
Interior area
- Total structure area: 2,427
- Total interior livable area: 2,427 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, Driveway, Garage
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio
Lot
- Size: 4,000 sqft
- Dimensions: 40 x 100
Details
- Parcel number: 073750009
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Duplex, Multi Family
Materials
- Brick, Frame
Condition
- Year built: 1950
Utilities & green energy
- Gas: Separate Gas Meters: 2
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Community & neighborhood
Location
- Region: Fresh Meadows
Other
Other facts
- Listing agreement: Exclusive Agency
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Sold | $1,460,000-4.3%$602/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #933155 Report a problem | ||
| 4/6/2026 | Pending sale | $1,525,000$628/sqft |
Source: OneKey® MLS as distributed by MLS GRID #933155 Report a problem | ||
| 11/13/2025 | Listing removed | $1,525,000$628/sqft |
Source: OneKey® MLS as distributed by MLS GRID #933155 Report a problem | ||
| 11/13/2025 | Price change | $1,525,000-12.9%$628/sqft |
Source: OneKey® MLS as distributed by MLS GRID #933155 Report a problem | ||
| 11/7/2025 | Listed for sale | $1,750,000+573.1%$721/sqft |
Source: OneKey® MLS as distributed by MLS GRID #933155 Report a problem | ||
| 10/23/1995 | Sold | $260,000$107/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $105,240 -0.5% |
| 2024 | -- | $105,720 +10.3% |
| 2023 | -- | $95,880 +2.6% |
| 2022 | -- | $93,420 +18% |
| 2021 | -- | $79,200 -8.8% |
| 2020 | $12,851 +1.1% | $86,820 +6.1% |
| 2019 | $12,710 +4% | $81,840 +40.2% |
| 2018 | $12,215 +6.5% | $58,394 +3.8% |
| 2017 | $11,470 +12% | $56,268 +4.3% |
| 2016 | $10,246 | $53,947 +4.2% |
| 2015 | $10,246 +65.7% | $51,758 +1.1% |
| 2014 | $6,182 | $51,206 +5.2% |
| 2013 | -- | $48,662 +3.8% |
| 2012 | -- | $46,890 +4.3% |
| 2011 | -- | $44,956 +4.2% |
| 2010 | -- | $43,132 +1.1% |
| 2009 | -- | $42,672 +42.5% |
| 2008 | -- | $29,952 |
Find assessor info on the county website
Neighborhood: Flushing
Nearby schools
GreatSchools rating
- 7/10Ps 162 John GoldenGrades: PK-5Distance: 0.1 mi
- 7/10Ms 158 Marie CurieGrades: 6-8Distance: 0.6 mi
- 6/10Francis Lewis High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Ps 162 John Golden
- Middle: Ms 158 Marie Curie
- High: Francis Lewis High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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