header
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listing Courtesy of Corcoran Group
$ 3,000,000
Est. payment /mo
New
162-12-16 77TH Road Queens, NY 11366
10 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Flushing
MLS Listing ID RLS20068539
Bedrooms 10
Full Baths 6
HOA Y/N No
Annual Tax Amount $6,000
Property Sub-Type Multi Family
Property Description
162-12 77th Road + 162-16 77th Road. Two multi-fam houses.
Investor Opportunity Luxury Two-Family Portfolio with Strong Cash Flow + Owner's Unit Options 162-12 & 162-16 77th Road, Fresh Meadows
162-12 and 162-16 77th Road present a rare opportunity to acquire two contiguous, gut-renovated, income-producing two-family homes, each configured with three legal apartments, offering immediate cash flow, minimal maintenance, and owner-occupancy flexibility.
Unit Configuration (Each Property): Top Floor: Massive 1BR / 1BA - ideal for owner occupancy (potential vacancy upon delivery) First Floor: 2BR / 1BA Basement: 2BR / 1BA Both properties have been fully gut renovated with a refined luxury finish package throughout, featuring:
High ceilings & excellent natural light Hardwood floors Modern kitchens with updated appliances In-unit washer & dryer Electric fireplaces Split HVAC systems Private outdoor features (including balcony where applicable) Parking included Investment Highlights:These assets are ideal for investors seeking:
Strong in-place or pro-forma cash flow Owner-user flexibility while maintaining rental income Minimal deferred maintenance Long-term appreciation in a prime Fresh Meadows location Portfolio / Assemblage Opportunity:162-12 & 162-16 77th Road may be purchased together or as part of a larger contiguous portfolio, which includes:
An additional luxury two-family home An 11,000 SF fully renovated commercial office/warehouse Shared parking and land assemblage potential Approximately 16,000 total exterior square feet This is a turn-key luxury multifamily portfolio offering scale, flexibility, and upside-rarely available in this submarket.
Investor Opportunity Luxury Two-Family Portfolio with Strong Cash Flow + Owner's Unit Options 162-12 & 162-16 77th Road, Fresh Meadows
162-12 and 162-16 77th Road present a rare opportunity to acquire two contiguous, gut-renovated, income-producing two-family homes, each configured with three legal apartments, offering immediate cash flow, minimal maintenance, and owner-occupancy flexibility.
Unit Configuration (Each Property): Top Floor: Massive 1BR / 1BA - ideal for owner occupancy (potential vacancy upon delivery) First Floor: 2BR / 1BA Basement: 2BR / 1BA Both properties have been fully gut renovated with a refined luxury finish package throughout, featuring:
High ceilings & excellent natural light Hardwood floors Modern kitchens with updated appliances In-unit washer & dryer Electric fireplaces Split HVAC systems Private outdoor features (including balcony where applicable) Parking included Investment Highlights:These assets are ideal for investors seeking:
Strong in-place or pro-forma cash flow Owner-user flexibility while maintaining rental income Minimal deferred maintenance Long-term appreciation in a prime Fresh Meadows location Portfolio / Assemblage Opportunity:162-12 & 162-16 77th Road may be purchased together or as part of a larger contiguous portfolio, which includes:
An additional luxury two-family home An 11,000 SF fully renovated commercial office/warehouse Shared parking and land assemblage potential Approximately 16,000 total exterior square feet This is a turn-key luxury multifamily portfolio offering scale, flexibility, and upside-rarely available in this submarket.
Location
State NY
County Queens
Rooms
Basement Other
Interior
Interior Features Smoke Free
Cooling Other
Fireplaces Number 1
Fireplaces Type Electric
Fireplace Yes
Laundry In Unit
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
View Y/N No
View Other
Porch Deck, Patio
Private Pool No
Building
Dwelling Type Townhouse
Story 1
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $500
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by Elegran Real Estate
Mortgage Calculator
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
