✨ 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.
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Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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