162-16 77th Rd

New York, NY 11366
  • $1,500,000

    Price
  • 5

    Bed
  • 3

    Bath
  • 1,035

    SqFt

About the Listing 334 - 39599

Investor Opportunity Luxury Two Family with Strong Cash Flow + Owner's Unit Option 162-16 77th Road presents a rare opportunity to acquire a gut-renovated, income-producing two family home with three apartments, offering both immediate cash flow and the option for owner occupancy in a high-end top-floor unit. Unit Configuration:

  • Top Floor: Massive 1BR / 1BA ideal for owner occupancy (potential vacancy upon delivery)
  • First Floor: 2BR / 1BA
  • Basement: 2BR / 1BA
This property has been fully gut renovated with a luxury finish package throughout, including split HVAC systems, high ceilings, hardwood floors, updated kitchens with modern appliances, in-unit washer/dryer, electric fireplace, and a private balcony. Parking included. This asset is ideal for an investor seeking:
  • Strong in-place or pro-forma cash flow
  • A high-quality owner's residence while maintaining rental income
  • Minimal deferred maintenance
  • Long-term appreciation in a prime Queens location
Portfolio / Assemblage Opportunity: 162-16 77th Road, 162-16 77th Road & 162-20 77th Road can be purchased individually or as part of a larger contiguous portfolio, including:
  • An adjacent two-family home
  • An 11,000 SF renovated commercial office/warehouse
  • Shared parking and land assemblage upside

Listing Highlights

Status Active
Days on Site 0
Property Type Residential
MLS ® RLS20070002
Year Built 1950
Total Square Footage 1,035
Lot/Acreage 100.00x40.00
County Queens
Neighborhood Flushing

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • 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: 100.00x40.00
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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Questions About..

162-16 77th Rd New York, NY 11366

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Originating MLS: RLS

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