Fresh Meadows Hotel

The Fresh Meadows property presents a unique opportunity to acquire a 12‑story, 157‑room asset currently operating under a City‑backed lease through June 2028 with Housing Works, a leading NYC shelter operator. Originally built in 2014 as a Wyndham Garden Hotel, the 76,367 SF building occupies a 12,000 SF parcel zoned C4‑2, allowing mixed‑use residential development as‑of‑right. The location, on 186th Street just south of the Long Island Expressway, offers strong visibility, direct access to major arterials, and proximity to Queens College, LaGuardia Airport, and central Queens neighborhoods. The property provides stable, predictable cash flow during the existing lease term with clear optionality at rollover—including hotel repositioning, multifamily or mixed‑use redevelopment, or renewal of the government tenancy. Its zoning and physical configuration give long‑term investors both income security and redevelopment flexibility, a combination rarely available in fully stabilized Queens assets.