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5118 199th Street, Fresh Meadows, NY 11365

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For Sale

$1,750,000

6 beds • 4 baths • 2,427 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $721.05
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Discover an unparalleled opportunity in the heart of Fresh Meadows, one of Queens' most desirable neighborhoods known for its tree-lined streets and excellent community assets. This legal two-family home delivers both spacious living and significant income potential, boasting an impressive 6 bedrooms and 4 full bathrooms. The property is perfectly configured for maximum flexibility, presenting an ideal scenario for extended multi-generational living or for a savvy owner-occupant looking to generate substantial passive rental income. Step inside to find two separate, sun-drenched living units, each offering comfort, privacy, and ample space, a highly sought-after layout in the area. A key highlight is the expansive, versatile full basement, which is uniquely accessible via its own private, separate entrance, unlocking potential for a professional home office, a dedicated recreational suite, or essential storage. This prime location provides immediate access to the best of the community, benefit from assignment to highly-rated public schools, enjoy direct access to massive recreational facilities at Cunningham Park, and take advantage of effortless commuting via major bus lines, including express service to Midtown Manhattan. Quick access to the Fresh Meadows Place shopping center and diverse dining along Union Turnpike seals the deal. This is a rare chance to secure a substantial, income-producing asset in a stable and highly-regarded residential community. Opportunities like this are exceptionally rare in Fresh Meadows.
MLS# 933155

Courtesy Of KELLER WILLIAMS REALTY GOLD COAST

(516) 482-0200

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Colonial
  • Exterior Type
    Brick
  • Lot Size
    0.09 Acres
  • Rooms
    Basement

Map and Directions

Directions to 5118 199th Street, Fresh Meadows, NY 11365

Home seller CENTURY 21 Realty Specialists

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Realty Specialists

(631) 418-8222
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.