New Listing - 01/23/2026

$3,000,000

Est. Mortgage $14,197/mo *

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Listing courtesy of Corcoran Group (212) 355-3550

162-12-16 77TH Road, Queens, (Flushing), NY, 11366

162-12-16 77TH Road, Queens, (Flushing), NY, 11366
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10 rooms

10 beds

6 Full baths

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.


Status:

Active

Town:

Queens

Type:

Condo/Coop

Laundry Remarks:

In Unit

Units:

1

Cooling:

Other

Basement:

Other

Levels:

1

Lot Size:

0.0x0.0

Est. Taxes:

$6,000

View Description:

Other

Pet Policy:

Building Yes, No

MLS #:

RLS20068539

Community Info

School Info

Walk Score

Mass Transit

Yelp

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