$1,699,000

61-40 173rd St Flushing, NY 11365

Hillcrest Neighborhood

Estimated payment $9,985/month

Total Views 6,603
5 Beds
4 Baths
2,620 Sq Ft
$648 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • Bathroom on Main Level
  • 4-minute walk to Fresh Meadows Playground
  • P.S. 173 - Fresh Meadow Rated A
  • Central Air

About This Home

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.

Listing Agent

Charles Chang

Exit Realty Team Brokerage Phone: 718-358-4000 License #49CH1105136 Listed on: 07/21/2025

Exit Realty Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,307

Year Built

  • Built in 2005

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30 x 100

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Frame Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 4 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Ps 173 Fresh Meadows Elementary School
  • JHS 216 George J Ryan Middle School
  • Francis Lewis High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 4069000058

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,307

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 2005
  • Attribution Contact: 718-358-4000
  • Co List Office Mls Id: KEYCHAC01
  • Co List Office Phone: 718-358-4000
  • Carport Y N: No
  • CurrentPrice: 1699000.00
  • MlsMajorChangeType: New Listing
  • ListPrice_By_OriginalListPrice: 1.00000
  • CurrentPrice_By_BuildingAreaTotal: 648.47328
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 216 George J Ryan

Lot Info

  • Lot Dimensions: 30 x 100
  • Lot Size Sq Ft: 3000
  • Parcel Number: 4069000058
  • Property Attached: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 13307
  • Tax Year: 2025

MLS Schools

  • Elementary School: Ps 173 Fresh Meadows
  • High School: Francis Lewis High School
  • Middle School District: Queens 26

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2025 07/21/25 For Sale $1,699,000 -- $648 / Sq Ft
Source: OneKey® MLS

Source: OneKey® MLS

MLS Number: 891938

OneKey® MLS
New York Queens County Flushing 11365 Hillcrest

61-40 173rd St, Flushing, NY

For Sale

MultiFamily

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Charles Chang
Listing Agent
Charles Chang
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Exit Realty Team
(929) 323-2794