7345 197th St Fresh Meadows, NY 11366
Fresh Meadows NeighborhoodEstimated payment $9,530/month
Highlights
- Colonial Architecture
- Main Floor Bedroom
- 3-minute walk to Farm Playground
- P.S. 26 Rufus King School Rated A-
- Bathroom on Main Level
About This Home
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.
Listing Agent
Mark International R E Corp Brokerage Phone: 718-987-4500 License #10311204260 Listed on: 05/05/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,374
Year Built
- Built in 1955
Parking
- Driveway
Home Design
- Duplex
- Colonial Architecture
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 3 Full Bathrooms
Schools
- Ps 26 Rufus King Elementary School
- JHS 216 George J Ryan Middle School
- Francis Lewis High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Natural Gas Connected
- Cable TV Available
Additional Features
- Basement Fills Entire Space Under The House
- 3,089 Sq Ft Lot
Community Details
- 2 Units
Listing and Financial Details
- Legal Lot and Block 62 / 7185
- Assessor Parcel Number 07185-0062
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $11,655 | $58,476 | $14,479 | $43,997 |
| 2025 | $10,995 | $58,026 | $14,624 | $43,402 |
| 2024 | $10,995 | $54,743 | $16,524 | $38,219 |
| 2023 | $10,595 | $52,751 | $13,437 | $39,314 |
| 2022 | $10,312 | $63,780 | $18,600 | $45,180 |
| 2021 | $10,255 | $59,520 | $18,600 | $40,920 |
| 2020 | $10,235 | $61,500 | $18,600 | $42,900 |
| 2019 | $9,543 | $67,740 | $18,600 | $49,140 |
| 2018 | $8,961 | $43,959 | $13,723 | $30,236 |
| 2017 | $8,775 | $43,044 | $15,010 | $28,034 |
| 2016 | $8,118 | $43,044 | $15,010 | $28,034 |
| 2015 | $4,898 | $40,296 | $18,144 | $22,152 |
| 2014 | $4,898 | $38,016 | $18,629 | $19,387 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/05/2026 05/05/26 | For Sale | $1,588,888 | -- | $860 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $999,000 | -- | |
| Deed | $680,000 | -- | |
| Deed | $566,000 | -- | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $14,641 | Unknown | |
| Closed | $580,000 | Purchase Money Mortgage | |
| Closed | $380,000 | Purchase Money Mortgage | |
| Closed | $83,600 | No Value Available | |
| Closed | $452,400 | Purchase Money Mortgage | |
| Closed | $160,000 | No Value Available |
Source: OneKey® MLS
MLS Number: 994495
APN: 07185-0062
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Ask me questions while you tour the home.