Excellent opportunity to own a well maintained 2-family semi-detached home in the heart of Fresh Meadows. Situated in a highly desirable and convenient location, this property offers both comfort and strong investment potential. The first floor and second floor each feature 2 bedrooms. Each apartment offers a kitchen, bathroom, washer/dryer, living room, and formal dining room. The first floor unit features an updated kitchen and bathroom with modern finishes and move in ready condition. The home has been well kept and meticulously maintained throughout. The property also features a finished basement with a separate entrance, offering additional living, recreation, or storage space. Enjoy a manicured landscaped fenced backyard, perfect for outdoor enjoyment, entertaining, or added privacy. Additional highlights include an updated wide driveway and top rated School District 26. Both units are currently tenant occupied on month to month leases, with tenants paying market rent consistently and on time, providing immediate rental income. The property can also be delivered vacant if needed, offering flexibility for end users or investors. Conveniently located near shopping, dining, schools, and transportation, this property combines location, income potential, and versatility, making it a must see!
In contract
$1,348,000
7337 197th St, Fresh Meadows, NY 11366
4beds
1,848sqft
Multi Family
Built in 1955
-- sqft lot
$1,323,500 Zestimate®
$729/sqft
$-- HOA
What's special
Manicured landscaped fenced backyardUpdated wide driveway
- 64 days |
- 123 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty Landmark 917-725-7588,
Annie Hsu
Source: StreetEasy,MLS#: S1824992
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Washer/Dryer
Features
- Flooring: Hardwood
Interior area
- Total structure area: 1,848
- Total interior livable area: 1,848 sqft
Property
Details
- Parcel number: 071850066
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1955
Community & HOA
Community
- Subdivision: Fresh Meadows
Location
- Region: Fresh Meadows
Financial & listing details
- Price per square foot: $729/sqft
- Tax assessed value: $1,230,000
- Date on market: 4/28/2026
Estimated market value
$1,323,500
$1.26M - $1.39M
$3,815/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Contingent | $1,348,000$729/sqft |
Source: StreetEasy #S1824992 Report a problem | ||
| 5/27/2026 | Pending sale | $1,348,000$729/sqft |
Source: | ||
| 4/29/2026 | Listed for sale | $1,348,000+356.9%$729/sqft |
Source: | ||
| 1/26/2012 | Listing removed | $1,700$1/sqft |
Source: Prime Realty #2454092 Report a problem | ||
| 12/19/2011 | Listed for rent | $1,700$1/sqft |
Source: Prime Realty #2454092 Report a problem | ||
| 3/4/1999 | Sold | $295,000$160/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $73,800 +19.8% |
| 2024 | -- | $61,620 -15.6% |
| 2023 | -- | $73,020 +14.5% |
| 2022 | -- | $63,780 +7.2% |
| 2021 | -- | $59,520 -3.2% |
| 2020 | $10,235 +6% | $61,500 -9.2% |
| 2019 | $9,656 +5% | $67,740 +54.1% |
| 2018 | $9,196 +4.8% | $43,959 +2.1% |
| 2017 | $8,775 +10.5% | $43,044 +6% |
| 2016 | $7,940 | $40,608 +0.8% |
| 2015 | $7,940 +69.7% | $40,296 +6% |
| 2014 | $4,678 | $38,016 +3.8% |
| 2013 | -- | $36,633 +2.1% |
| 2012 | -- | $35,870 +6% |
| 2011 | -- | $33,840 +0.8% |
| 2010 | -- | $33,580 +6% |
| 2009 | -- | $31,680 +3.8% |
| 2008 | -- | $30,528 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Fresh Meadows
Nearby schools
GreatSchools rating
- 7/10Ps 26 Rufus KingGrades: PK-5Distance: 0.2 mi
- 8/10JHS 216 George J RyanGrades: 6-8Distance: 1.1 mi
- 6/10Francis Lewis High SchoolGrades: 9-12Distance: 1.1 mi
A local agent can set up tours, give advice and negotiate with sellers.






