Primary listing photo

59-68 Fresh Meadow Ln #1, Fresh Meadows, NY, 11365

--beds
1baths
0sqft
$1,600,000
--price/sqft
$9,697/moest. monthly cost
$387,880/yrincome needed

About This Home

✨ Fresh Meadows Two-Family Investment Opportunity – 5,200+ SF Lot | R3-2 Zoning ✨ Introducing 59-68 Fresh Meadow Lane — a prime two-family asset in the heart of Fresh Meadows, offering strong upside for investors, developers, or value-add buyers. Situated on a 5,233 sq ft lot with R3-2 zoning, this property presents multiple avenues for maximizing returns. ✅ Investment Highlights: ✔ Two-family configuration (income-producing potential) ✔ 66.67 x 78.5 ft lot (rare size for the area) ✔ Expansion potential with existing structure + extension ✔ Garage adds additional value ✔ Low annual taxes (~$10K) ? Located near Kissena Park in a stable residential market ✅ Ideal for: ✔ Buy & hold investors ✔ Value-add renovation projects ✔ End-users with income strategy Developers exploring future potential within zoning parameters With strong fundamentals and a desirable Queens location, this is a compelling opportunity to reposition and capitalize on long-term appreciation. ☎ Inquire for more details and financials.

Getting Around

79
WalkingVery Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

7/10
Ps 163 Flushing HeightsGrades PK-50.6 mi
6/10
Is 237Grades 6-81.5 mi

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Interior Area

  • Total structure area: 0

Property

Details

  • Special condition: Resale