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Brick 2-Family Duplex
For Sale
$1,298,000
Pending

7553 197th Street, Fresh Meadows, NY 11366

MULTI_FAMILY - Fresh Meadows, NY

Property SizeContact for details
Lot Size0.07 Acres
Days on Market135

Property Features for 7553 197th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Dining Room, Bedroom 2, Bedroom 1, Basement
Parking 4
Parking features Driveway, Garage
Interior features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Formal Dining, Granite Counters
Basement Walk-Out Access
Lot features Back Yard, Front Yard
Elementary school Ps 173 Fresh Meadows
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
Standard status Pending
APN 07214-0055
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 11000

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1950
Number of units 2
Flooring type Brick, Hardwood
Building materials Brick
Listing Agency: Exit Realty First Choice
Listed By: Vera Mair · License #30MA0799299
Added: Apr 1 Changed: Aug 2 Last Checked: Aug 13 at 4:06AM
MLS# 979379

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.

Brick legal two-family duplex built in 1950 on a 0.0678-acre lot at 7553 197th Street in Fresh Meadows, Queens. The property includes two residences, each featuring two bedrooms, one full bathroom, an eat-in kitchen, a living room, and a formal dining room. Interior finishes and features referenced include hardwood flooring, a first-floor bedroom and first-floor full bath, and granite counters.

A basement with a separate entrance adds additional flexibility, along with outdoor space including a backyard. Parking is supported by a 2-car garage and a long, wide driveway.

Utilities are provided via public water and public sewer, and heating is natural gas. The home is positioned for convenient access to local shopping and services, Cunningham Park, the LIE, and express bus routes to Manhattan, with proximity to Grand Central also referenced. The listing notes the property is in a top-rated school district 26.

Key Highlights

  • Legal two‑family duplex built in 1950
  • Brick construction with hardwood flooring
  • Each unit has two bedrooms, one full bath, eat‑in kitchen, and formal dining room

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Auto Repair Shop Parking Lot & Garage Auto Parts Store Accounting Firm Garden 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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

960
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Brick legal two-family with two bedrooms per unit, eat-in kitchen, formal dining rooms, basement with separate entrance, and backyard.
Where is this duplex located?
The property is located at 7553 197th Street Fresh Meadows, NY.
What is the asking price?
The asking price for this property is $1,298,000.
What are key features of this property?
This property features: Legal two‑family duplex built in 1950; Brick construction with hardwood flooring; Each unit has two bedrooms, one full bath, eat‑in kitchen, and formal dining room
More about this property
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