RealtyLens
for saleRealtyLens property overview
$1,298,000

7553 197th St

Fresh Meadows, NY, 11366
View more Fresh Meadows, NY property pages
2Beds
2Baths
N/ASqft
N/A$/sqft

Listing Notes

Location, location, location.Fabulous, brick legal 2-family. Rare opportunity to own a legal 2-family in a prime area of Fresh Meadows. This property offers incredible investment potential for rental income or is perfect for owner occupancy and extended family living. Residents enjoy easy access to a wide array of shops, access to the LIE, Grand Central, Express buses to Manhattan, restaurants, supermarkets, and Cunningham Park. Located in a top-rated school district 26. Each apartment features a spacious 2-bedroom, 1 full bathroom, an eat-in kitchen, a living room, and a formal dining room. It provides ample space for comfortable living. In addition, it has a basement with a separate entrance, a beautiful backyard, a 2-car garage, and a long, wide driveway. The property has endless possibilities to attract a qualified and steady stream of renters. Don't miss this unique opportunity to own a piece of Fresh Meadows finest Real Estate.

Market Insights

Market comparison pendingN/A

Comparable price-per-square-foot data is still developing for this home.

Nearby median$816/sqft
Nearby properties12
Property sizeN/A
  • 12 nearby properties available for comparison.
  • Price history is limited, so current comps matter more than trend alone.
  • Square footage is missing, so valuation should lean more heavily on comps and condition.

Estimated Monthly Payment

Per month, all-in$8,531/mo

Assumes 20% down, 7.00% APR over 30 years. Tax and insurance are national-average estimates — your lender quote will differ.

  • Principal & interest$6,909
  • Property tax (est.)$1,190
  • Home insurance (est.)$433

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position12 nearby signals

Nearby inventory exists, but square-footage or price data is incomplete for a clean median comparison.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessNeeds verification
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
22 days
Last price change
No change recorded
Listed
Apr 20, 2026
Photos
15 photos
Property type
multi family
Status
for sale
Last sold
Aug 22, 1986 · $275,000
Garage
2 spaces

Features & Amenities

Dining RoomHardwood FloorsBasementGarage 1 Or MoreGarage 2 Or MoreBeautiful BackyardRental PropertyDenShopping

Photos

Price History

May 4, 2026Initial record
$1,298,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.