5118 199th Street, Fresh Meadows, NY 11365 - Photo 1

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$1,525,000 -$225,000 (-12.86%) Price Reduced Sale Pending

For Sale
Pending
Multi-Family
6 Total Beds
1 Car Garage
Updated 5 days ago

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Property Description

Discover a fantastic opportunity in the heart of Fresh Meadows. This legal two-family home offers exceptional potential for buyers looking to add value and make it their own. Featuring 6 bedrooms and 4 full bathrooms, the property boasts a spacious and flexible layout, ideal for multi-generational living or an owner-occupant seeking additional rental income. With some TLC, this home can truly be transformed into a standout property. Whether you're an investor or end-user, this is a rare opportunity to unlock the full potential of an income-producing asset in a highly sought-after neighborhood.

Full Property Details

Full Property Details for 51-18 199th St

General

Price: $1,525,000
Taxes: $14,540
Status: Pending
Type: Multi-Family
Source: Long_Island
MLS ID: 933155
Updated: 4/6/2026
Added to Site: 156 day(s) ago

Interior

Interior Features: First Floor Bedroom, First Floor Full Bath, Primary Bathroom

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 6

Exterior

Porch/Patio/Deck: Patio

Parking

Garage: Yes
Garage Spaces: 1
Parking Features: Detached, Driveway, Garage

Location

County: Queens

School Information

High School District: Queens 26
Elementary School: Ps 162 John Golden
Middle School: Ms 158 Marie Curie
High School: Francis Lewis High School

Heating & Cooling

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

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Available, Natural Gas Available

Structural Information

Architectural Style: Colonial
Detached/Attached: Detached
Construction: Brick, Frame
Basement: Yes
Basement Desc.: Full Basement
Building Size: 2427
Square Feet: 2,427
Year Built: 1950

Lot Features

Lot Size (Acres): 0.0918
Lot Size (Sq. Ft.): 4,000
Lot Dimensions: 40 x 100

Financial Considerations

Tax Amount: $14,540.72

Disclosures and Reports

Special Conditions: None
Property ID: 07375-0009

Listed by Keller Williams Rty Gold Coast

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— 51-18 199th St —

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516-482-0200

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Schools

Schools serving 51-18 199th St

School District:New York City Geographic School District 26

Name	Grades	Distance
Ps 162 John Golden 201-02 53rd Ave, Queens, NY 11361	K-5	0.1 mi
Ms 158 Marie Curie 46-35 Oceania St, Queens, NY 11361	6-8	0.6 mi
Francis Lewis High School 58-20 Utopia Pky, Queens, NY 11365	9-12	0.9 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 51-18 199th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/06/2026

Price Reduced

$1,525,000

-12.86%

MLS

11/07/2025

Listed

$1,750,000

—

MLS

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 51-18 199th St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$14,685

1%

$74,532

-30%

2024

$14,529

5%

$105,720

51%

2023

$13,793

3%

$70,073

-25%

2022

$13,417

1%

$93,420

18%

2021

$13,328

4%

$79,200

-9%

2020

$12,851

1%

$86,820

6%

2019

$12,710

14%

$81,840

40%

2017

$11,171

—

$58,394

4%

2017

$11,171

7%

$56,268

4%

2016

$10,475

7%

$53,947

4%

2015

$9,812

110%

$51,758

1%

2014

$4,670

-43%

$51,206

5%

2013

$8,243

—

$48,662

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 51-18 199th St

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5118 199th Street, Fresh Meadows, NY 11365 (MLS# 933155) is a Multi-Family property with 2 units containing 6 bedrooms and 4 full bathrooms. 5118 199th Street is currently listed for $1,525,000 and was received on November 07, 2025. Want to learn more about 5118 199th Street? Do you have questions about finding other Multi-Family real estate for sale in Fresh Meadows? You can browse all Fresh Meadows real estate or contact a Coldwell Banker agent to request more information.

51-18 199th St Fresh Meadows, NY 11365