$1,699,000
Price
5
Beds
2,620 Sq. Ft.
$648 / Sq. Ft.
2,620
Sq. Ft.
$648
per Sq. Ft.

Description

Welcome to 61-40 173rd Street, fully detached two-family home in the highly desirable neighborhood of Fresh Meadows, Queens. This modern property is currently occupied with tenants and generating strong rental income—making it an ideal opportunity for investors. The first-floor unit features a comfortable 2-bedroom, 1-bath layout, while the second-floor duplex unit offers 3 bedrooms and 2 full bathrooms with two levels, delivering spacious, well-separated living quarters ideal for comfortable multi-family...Welcome to 61-40 173rd Street, fully detached two-family home in the highly desirable neighborhood of Fresh Meadows, Queens. This modern property is currently occupied with tenants and generating strong rental income—making it an ideal opportunity for investors. The first-floor unit features a comfortable 2-bedroom, 1-bath layout, while the second-floor duplex unit offers 3 bedrooms and 2 full bathrooms with two levels, delivering spacious, well-separated living quarters ideal for comfortable multi-family living. Built in 2005, the home also includes a finished basement with a half bathroom and a laundry room, providing additional living and utility space and a one car garage with a private driveway. Located near St. John’s University, Queens College, Kissena Park, and public schools, the property also offers quick access to public transportation, major highways (LIE & Grand Central Pkwy), and local shopping destinations like Fresh Meadows Shopping Center and Cunningham Park Plaza. With high rental income already in place, this is a rare turnkey investment opportunity in one of Queens’ most in-demand rental markets.
  1. Listed by Charles Chul Chang CBR • Exit Realty Team
    P: (718)-358-4000 info@exitrealtyteam.com
  2. Listed by Hae Ryung A. Chang • Exit Realty Team
    P: (718)-358-4000 C: (718)-358-4000 info@exitrealtyteam.com

Property Details for 61-40 173rd Street

City/Township
New York
Garage Spaces
1.00
Waterfront
No
LISTING UPDATED: 12/03/2025 04:17 PM

Property Details for 61-40 173rd Street

StatusActive
MLS ID891938
Days on Market150
Taxes$13,307 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeDuplex
Year Built2005
Lot Size3,000 SF / 30' x 100'
CountyQueens County

Building

61-40 173rd St

2 Units3 StoriesBuilt in 2005

Location

Listing Courtesy of Exit Realty Team
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Building Information for 61-40 173rd Street

Stories3Residences2Year Built2005Building Size20' x 51'Building Sq. Ft3,060 SFLot Size3,000 SF / 30' x 100'Building Age-Building Type-

Payment Calculator

$9,504 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,395

Property Taxes

$1,109

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 61-40 173rd Street

Summary
Location and General Information
  • Senior Community YN: No
  • Property Attached: No
  • Structure Type: false
  • State Or Province: NY
School Information
  • School District: Queens 26
  • Elementary School District: Queens 26
  • Elementary School: Ps 173 Fresh Meadows
  • Middle Or Junior School District: Queens 26
  • Middle Or Junior School: Jhs 216 George J Ryan
  • High School District: Queens 26
  • High School: Francis Lewis High School
Unit Information
Unit 1 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
Unit 2 Information
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
Unit Information
  • Number Of 1 Bedrooms: 0
  • Number Of 2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 2
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 4069000058
  • Additional Fees: No
Interior and Exterior Features
Interior Features
  • Amenities: 1st Floor Bedrm, First Floor Full Bath, Public
  • Interior Features: First Floor Bedroom, First Floor Full Bath
  • Basement: Finished, Full
  • Fireplace: No
  • Location Amenities: 1st Fl Master Bedroom
  • Basement: Yes
Exterior Features
  • Elevation Certificate: No
  • Construction Materials: Frame
Lot Information
  • Lot Size Dimensions: 30 x 100
  • Building Area Units: Square Feet
Parking
  • Parking Total: 3.00
  • Garage: Yes
  • Carport: No
Utilities
  • Cooling: Central Air
  • Heating: Natural Gas
  • Heat Fuel Type: Natural Gas
  • Number Of Heating Zones: 2
  • Number Of Separate Gas Meters: 2
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected
  • Number Of Separate Electric Meters: 2
Green Features
  • Green Features: Natural Gas
Agent
Payment and Rate
  • Down Payment Resource: No

Public Records for 61-40 173rd Street

Taxable ValueLand$28,440Additions$57,240Total$85,680
Tax Record2025$12,554 ($1,046 / month) Tax Class1Tax Rate20.085%
Home Facts
Total Finished SqFt2,620 SqFtLot Size3,000 SqFtYear Built2005ZoningR4APN4069000058

Schools near 61-40 173rd Street

This home is within New York City Geographic District #26.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
P.S. 173 Fresh Meadow
PublicPK to 5

Jhs 216 George J Ryan
Public6 to 8

Francis Lewis High School
Public9 to 12

Civic School of Bayside Hills (The)
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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61-40 173rd Street is a multi-family home for sale in Flushing Heights. This property was listed for sale on July 21, 2025 by Exit Realty Team, it's currently listed at $1,699,000. This listing's school district is New York City Geographic District #26. Nearby schools include P.S. 173 Fresh Meadow, Jhs 216 George J Ryan and Francis Lewis High School. 61-40 173rd Street is a 5-bed, 4-bath, 2,620 sqft multi-family home built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exit Realty Team

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/22/2025 08:52 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.