#881767, Listing office: Exit Realty Prime
Property details
About 61-40 173rd St
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.
Highlights
Summary
- Full Bathrooms: 4
- Basement: Yes
- Interior: First Floor Bedroom, First Floor Full Bath
- Total Bedroom Count: 5
- Garage Space: 1 space
- Heating: Natural Gas
- Cooling: Central Air
- List Price: $1,699,000
- Year Built: 2005
- MLS Number: 891938
- MLS Name: ONEKEY2
- Office Name: Exit Realty Team
- Office Phone: (718) 358-4000
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Price information
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Nearby schools
8
P.S. 131 Abigail Adams School
Public District KG-5
0.5 mi
•17045 84th Ave
6
P.S. 154 Queens School
Public District KG-5
0.6 mi
•7502 162nd St
7
P.S. 173 Fresh Meadow School
Public District PK-5
0.7 mi
•17410 67th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $86,574. The majority of Fresh Meadows, NY residents have income between $100k-200k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 61-40 173rd St
The listing price of 61-40 173rd St property is $1,699,000.
The property 61-40 173rd St is a multi located in Fresh Meadows, New York, 11365.
Active Listing: 61-40 173rd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 61-40 173rd St are: P.S. 131 Abigail Adams School (GreatSchools Rating 8/10), P.S. 154 Queens School (GreatSchools Rating 6/10), P.S. 173 Fresh Meadow School (GreatSchools Rating 7/10), P.S. / M.S. 200 The Pomonok School (GreatSchools Rating 6/10), Is 250 The Robert F Kennedy Middle School (GreatSchools Rating 3/10), J.H.S. 216 George J. Ryan School (GreatSchools Rating 8/10), Thomas a Edison Career and Technical Education High School (GreatSchools Rating 6/10), Queens Gateway To Health Sciences Secondary School (GreatSchools Rating 7/10), Queens School of Inquiry (The) (GreatSchools Rating 5/10).
The year of construction for 61-40 173rd St is 2005.
This home is located at 61-40 173rd St in Fresh Meadows, NY and zip code 11366 in the Hillcrest neighborhood. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 21, 2025 and is currently priced at $1,699,000.
In June 2025 more than 232 listings in Fresh Meadows, NY were sold above the asking price. During the same period more than 1007 listings were sold at asking price, while more than 715 were sold below. The inventory of homes for sale in Fresh Meadows, NY between May and June 2025 decreased by 4.3%. The median list price of listings available in June 2025 was $881,252, while the average time on the real estate market was 99 days.