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61-40 173 StreetFresh Meadows, NY 11365

For Sale

$1,699,000

Smart Buyer Rebate $21,238

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.

Listed by Charles Chul Chang CBR

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Exit Realty Team

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718-358-4000

Listed by Hae Ryung A. Chang

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Exit Realty Team

Last updated July 31, 2025

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Source: OneKey #891938

Listing Facts

  • TypeMulti-family
  • NeighborhoodFlushing Heights
  • Bedrooms5
  • Bathrooms4
  • Days on Prevu48
  • Taxes$13,307/year

Amenities

  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

07/21/2025
Listed by Exit Realty Team
$1,699,000

Estimated Closing Costs

Total
$60,300
Attorney Fees
$4,000
NYC Mansion Tax
$16,990
Title Insurance
$7,646
Bank Attorney
$1,500
Mortgage Recording Tax
$26,164
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,699,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 61-40 173 Street

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 2005
  • Construction Materials: Frame

Measurements

  • Building Area Total: 2,620
  • Building Area Units: Square Feet
  • Lot Size Dimensions: 30,100
  • Lot Size Square Feet: 3,000

Financial

Taxes

  • Tax Annual Amount: $13,307.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: First Floor Bedroom, First Floor Full Bath

Rooms

  • Basement: Finished, Full
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 5

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Total: 3

Schools

Elementary School

  • Elementary School: Ps 173 Fresh Meadows
  • Elementary School District: Queens 26

High School

  • High School: Francis Lewis High School
  • High School District: Queens 26

Middle or Junior School

  • Middle Or Junior School: Jhs 216 George J Ryan
  • Middle Or Junior School District: Queens 26

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.