59-68 Fresh Meadow Ln #1, Fresh Meadows, NY, 11365
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
Very Walkable
Very Limited Transit
BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Inland Flooding
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Queens County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,494 | $101,928 |
| Home Insurance * | $379 | $4,548 |
| Property Taxes | $1,050 | $12,600 |
| Electricity | $246 | $2,954 |
| Total | $10,169 | $122,028 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-04 | Listed for sale | $1,600,000 |
| 2021-12-16 | Listing removed | -- |
| 2021-12-06 | Price change | $3,000 |
| 2021-11-28 | Listed for rent | $2,600 |
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