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About the Listing 334 - 39599
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
- 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
- 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
- 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
Interior Details
- Bedrooms: 10
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 1, Electric
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Smoke Free,Building Yes,No,Pets Allowed
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 0.0x0.0
- Roof:
- Others: Private Outdoor Space Over 60 Sqft
- Sewer:
Financial Details
- Tax Amount: $6,000
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
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Questions About..
162-12-16 77th Rd New York, NY 11366
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