$1,750,000

5118 199th Street, Fresh Meadows, NY 11365

  • 6 beds |
  • 4 baths |
  • 2,427 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon3,999sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $721/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

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.

Listing Status:
Active
Listing Office:
Keller Williams Rty Gold Coast : 516-482-0200
MLS ID:
933155
  • General: First Floor BedroomFirst Floor Full BathOpen FloorplanPrimary Bathroom
  • Basement: Full
  • A/C: Wall/Window Unit(s)
  • Heating: Hot WaterNatural Gas
  • Style: Colonial
  • Other Structures: Patio
  • Parking: DetachedDrivewayGarage
  • Originating MLS: onekey2
  • School District: Queens 26
  • County: Queens
  • Zoning: 07375-0009
  • Utilities: Electricity AvailableNatural Gas Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Keller Williams Rty Gold Coast

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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