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For sale
  • $1,588,888

    7345 197th Street, Fresh Meadows, NY 11366

    4beds
    1,848sqft
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    Duplex, Multi Family
    Built in 1955
    -- sqft lot
    $-- Zestimate®
    $860/sqft
    $-- HOA

    What's special

    Private backyardBeautifully renovated bathroomTwo generously sized bedroomsModern kitchensFormal dining areaDining areaUpdated bathrooms
    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.
    57 days
    |
    719
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark International R E Corp 718-987-4500,

    Gregory R. Schmidt 718-987-4500

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 994495MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Natural Gas
      Cooling
      • Wall/Window Unit(s)
      Features
      • First Floor Bedroom, First Floor Full Bath
      • Basement: Finished,Full
      • Has fireplace: No
      Interior area
      • Total structure area: 1,848
      • Total interior livable area: 1,848 sqft

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Lot
      • Size: 3,089 Square Feet
      Details
      • Parcel number: 071850062
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      • Property subtype: Duplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick
      Condition
      • Updated/Remodeled
      • Year built: 1955

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Location
      • Region: Fresh Meadows

      Financial & listing details

      • Price per square foot: $860/sqft
      • Tax assessed value: $73,800
      • Annual tax amount: $11,373
      • Date on market: 5/5/2026
      • Cumulative days on market: 45 days
      • Listing agreement: Exclusive Right To Sell
      • Tenant pays: Electricity, Gas
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/5/2026Listed for sale$1,588,888+59%$860/sqft
        Source: OneKey® MLS as distributed by MLS GRID #994495 Report a problem
        8/3/2018Listing removed$2,700$1/sqft
        Source: CENTURY 21 Bay Benjamin #3047790 Report a problem
        7/20/2018Price change$2,700-6.9%$1/sqft
        Source: CENTURY 21 Bay Benjamin #3047790 Report a problem
        7/12/2018Listed for rent$2,900$2/sqft
        Source: Century 21 Bay Benjamin #3047790 Report a problem
        6/25/2018Sold$999,000-22%$541/sqft
        Source: OneKey® MLS as distributed by MLS GRID #L2995385 Report a problem
        3/9/2018Listing removed$1,280,000$693/sqft
        Source: E Realty International Corp #2995385 Report a problem
        1/28/2018Price change$1,280,000-3.8%$693/sqft
        Source: E Realty International Corp #2995385 Report a problem
        1/18/2018Price change$1,330,000-3.6%$720/sqft
        Source: E Realty International Corp #2995385 Report a problem
        1/9/2018Listed for sale$1,380,000+102.9%$747/sqft
        Source: E Realty International Corp #2995385 Report a problem
        5/3/2011Sold$680,000-7.3%$368/sqft
        Source: Public Record Report a problem
        12/31/2010Price change$733,500-1.5%$397/sqft
        Source: George R Gordon, Realtor #2346388 Report a problem
        11/20/2010Listed for sale$745,000+31.6%$403/sqft
        Source: George R Gordon, Realtor #2346388 Report a problem
        11/8/2004Sold$566,000$306/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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 +62.1%$40,296 +6%
        2014$4,898 $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

        Getting around

        12 / 100
        Car-Dependent
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ps 26 Rufus King
        • Middle: Jhs 216 George J Ryan
        • 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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