Listing courtesy of Corcoran Group
162-12 77th Road, Queens, (Hillcrest), NY, 11366
7 rooms
1950
Investor Opportunity Luxury Two-Family with Strong Cash Flow + Owner's Unit Option
162-12 77th Road offers a compelling opportunity to acquire a gut-renovated, income-producing two-family home with three legal apartments, combining immediate cash flow.
Unit Configuration:
- Top Floor: Massive 1BR / 1BA - ideal for owner occupancy
- First Floor: 2BR / 1BA
- Basement: 2BR / 1BA
The property has been fully gut renovated with a refined, luxury finish package throughout, high ceilings, hardwood floors, modern kitchens with updated appliances, in-unit washer and dryer, electric fireplace, and excellent natural light. Parking included.
This asset is ideal for an investor seeking:
- Strong in-place or pro-forma cash flow
- Minimal deferred maintenance
- Long-term appreciation in a prime Fresh Meadows.
Portfolio / Assemblage Opportunity:
162-12 77th Road may be purchased as part of a contiguous portfolio, including:
- An adjacent luxury two-family home
- An 11,000 SF fully renovated commercial office/warehouse
- Shared parking and land assemblage potential
A rare opportunity to secure a turn-key luxury multifamily investment with flexibility, scale, and upside
Status:
Active
Town:
Queens
Type:
Multi-family
Laundry Remarks:
InUnit
Zoning:
R3-2
Building Type:
House
Cooling:
Unknown Type
Levels:
2
Service Level:
None
Built Size:
23'x34'
OLR #:
RLS20070001
Community Info
School Info
Walk Score
Mass Transit
Yelp
Copyright ©2026 The Real Estate Board of New York, Inc., All rights reserved