$1,750,000
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5118 199Th Street, Fresh Meadows, NY 11365

6 Beds
4 Baths
2,427 Sq Ft

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
  • Date Listed11/06/2025
  • Days on Realty 3 Days
  • Bedrooms 6
  • Bathrooms 4 Full baths
  • Lot Size 0.09 acres (4,000 sq. ft)
  • Sewer Public Sewer
  • Property Type Duplex
  • County Queens
  • Year Built 1950
  • Water Public
  • Square Feet 2,427 sq. ft
  • Price Per Sq. Ft $721.05

Interior Features

  • Cooling Wall/Window Unit(s)
  • Heating Hot Water, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.09
  • Lot Size SQFT 4,000.00
  • Lot Features -

Financial Considerations

  • Tax Amount $14,541
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in NY / 11365

Source: Walkscore

73/100

Very Walkable

Walk Score ®

73/100

Excellent Transit

Transit Score ®

55/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. Transit is convenient for most trips. Some bike infrastructure.

Transit Summary

19 nearby routes: 19 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 67/100, Transit Score: 63/100, Bike Score: 52/100.

Points of Interest near 5118 199th Street, Fresh Meadows, NY 11365

Frequently Asked Questions for 5118 199th Street

Source: Realty.com

5118 199th Street, Fresh Meadows, NY 11365 is a Duplex, Residential Income property listed for $1,750,000 The property is 2427 sq. ft with 6 bedrooms and 4 bathrooms

Realty.com has 35 photos of 5118 199th Street.

Our records indicate that 5118 199th Street was built in 1950.

The full address for this home is 5118 199th Street, Fresh Meadows, NY 11365.

5118 199th Street has been listed on Realty.com since Thu November 06, 2025

Most errands can be accomplished on foot. Transit is convenient for most trips. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 67/100, Transit Score: 63/100, Bike Score: 52/100.

There are 3 schools assigned to this home. Check out the schools near 5118 199th Street. Ps 162 John Golden (Grades: K - 5), Ms 158 Marie Curie (Grades: 6 - 8), Francis Lewis High School (Grades: 9 - 12)

Listing provided courtesy of: Keller Williams Rty Gold Coast (tel: 516-482-0200)
Listing agent: Margaret Cheung Lin (#219920)

This content last refreshed on 2025-11-09 21:30:38. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 5118 199th Street, Fresh Meadows, NY 11365 : MLS# 933155