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Brick Duplex with Finished Basement
For Sale
$1,348,000
Pending

73-37 197th Street, Fresh Meadows, NY 11366

Residential Income, Fresh Meadows, NY

Property SizeContact for details
Lot Size0.07 Acres
Days on Market133

Property Features for 73-37 197th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 1, Bedroom 4, Dining Room, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3
Parking features Driveway
Interior features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Formal Dining, Storage, Washer/Dryer Hookup
Fencing Fenced
Basement Finished
Lot features Back Yard, Front Yard, Landscaped, Level, Near Public Transit, Near School
Elementary school Ps 26 Rufus King
Middle school Jhs 216 George J Ryan
High school Francis Lewis High School
Elementary school district Queens 26
Middle school district Queens 26
High school district Queens 26
Directions Waze or Google Maps
Standard status Pending
APN 07185-0066
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11655

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Amenities

finished basement with separate entrance
fenced backyard
washer/dryer
wide driveway

Building Details

Year built 1950
Number of units 2
Building materials Brick
Architectural style Colonial
Additional Structures Storage
Listing Agency: Keller Williams Rlty Landmark · Keller Williams Realty
Listed By: Annie Hsu · License #10301207568
Added: Apr 28 Changed: Sep 1 Last Checked: Sep 7 at 7:06PM
MLS# 990760

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1950 brick duplex at 73-37 197th Street includes two separate apartments, each arranged with two bedrooms, a kitchen, bathroom, living room, formal dining room, and washer/dryer. The first-floor residence has updated kitchen and bathroom finishes. A finished basement with its own entrance adds flexible space for recreation, storage, or additional living use. The home also includes a fenced landscaped backyard and an updated wide driveway.

Both apartments are occupied under month-to-month leases, with tenants paying rent consistently. The property may also be delivered vacant, providing flexibility for an owner-user or investor. Located in Fresh Meadows, the home is near shopping, dining, schools, and transportation, and is served by School District 26. Public water and sewer, natural gas heating, and wall or window cooling units are in place.

Key Highlights

  • Two apartments, each with 2 bedrooms, kitchen, bathroom, living room, formal dining room, and washer/dryer
  • Finished basement with separate entrance
  • 0.0709‑acre lot with fenced landscaped backyard

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Hotel & Motel Clothing & Fashion Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

946
Businesses Nearby

Demographics for 11366, NY

14,430
Population
4,915
Households
2.9
Avg Household Size
41
Median Age
52%
College-Educated
85%
High-School Grad
1.5 sq mi
ZIP Area
9,620
Density / Sq Mi
$117,402
Median Household Income
$58,028
Median Earnings
$2,101
Median Rent
$950,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two occupied apartments provide separate kitchens, bathrooms, laundry areas, and formal dining rooms in a well-maintained home.
Where is this duplex located?
The property is located at 73-37 197th Street Fresh Meadows, NY.
What is the asking price?
The asking price for this property is $1,348,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms, kitchen, bathroom, living room, formal dining room, and washer/dryer; Finished basement with separate entrance; 0.0709‑acre lot with fenced landscaped backyard
More about this property
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