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$652,700
List Price: $660,000
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11531 197th Street
House in St. Albans •  building info
3bd • 1ba • 1,550ft² $426 per ft²
Buy with Yoreevo

$652,700

List Price

$660,000

Key Details
Day on market
1
Last price change
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Estimated payment
$4,056/mo
Taxes
$495/mo
Maintenance
N/A
Description
Amazing investment opportunity or contractor special in the heart of Saint Albans, Queens. This classic 1,550-square-foot traditional detached single-family residence, originally built in 1925, sits mid-block on a level 3,000-square-foot city lot. The property offers tremendous upside potential for the right buyer looking to customize, renovate, or flip a traditional frame home with great structural bones. The exterior showcases a classic front facade combining a timeless brick base layer with horizontal siding on the upper story, all framed by a distinctive, enclosed front yard secured by a decorative concrete and brick masonry retaining wall. Positioned as an interior lot on 197th Street between 115th Avenue and 116th Avenue, the layout features dedicated side walkway clearances completely separating it from neighboring structures, leading back to a private backyard space. Inside, the main kitchen workspace features an efficient footprint equipped with a traditional standalone gas range and oven unit alongside wooden upper and lower cabinetry, standing ready for a modern cosmetic transformation. Ascending to the top level, the property boasts a full-size walk-up attic accessible via a permanent wooden staircase with a protective guardrail layout. This expansive attic space features an open subfloor, exposed timber construction framing, brick details, and installed fiberglass insulation batts, presenting an excellent opportunity for a future storage area or creative expansion. Down below, the structure provides a full footprint basement footprint with existing drop-ceiling tiles, wall paneling, and resilient linoleum-tiled flooring. Currently serving as excellent storage space with a dedicated utility layout, this partially finished lower level provides an incredible foundation for a future recreational room, home office, or workshop setup. The location is exceptionally convenient for everyday commuting and living. Situated squarely within New York City Geographic School District 29, the property is just blocks away from local public educational institutions including P.S. 136 Roy Wilkins elementary school, I.S. 192 The Linden middle school, and the nearby high school choices at the Campus Magnet Complex. Commuters will highly value the home's proximity to public transit, with quick access to regional MTA bus lines running along Linden and Farmers Boulevards, as well as easy access to the nearby St. Albans Long Island Rail Road station for direct routes into Manhattan. This property is being sold completely as-is, offering an ideal blank canvas for investors, design enthusiasts, or developers seeking to capture value in a highly competitive and historically rich residential enclave of southeastern Queens. Bring your contractor, your vision, and maximize the true potential of this classic detached New York home.

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Building amenities
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Parking

Garage

Building info

History
What it'll cost
Purchase price
$660,000
Asking Price: $660,000
Term
30 Years
Down Payment
$66,000 (10%)
Min: 10% (66,000)
Rate
6.0 %
Mortgage Amount
$594,000
Mortgage Payment
$3,561
Taxes
$495
Estimated Yoreevo rebate
$7,300
Estimated closing cost
$21,000
Total monthly cost $4,056
Buy your dream home with us and get an estimated $7,300 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Greene Realty Group

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