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$1,500,000

For Sale

6 months ago

MLS® RLS20070002

5 Bed

3 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage No
Taxes 
Days Active 178
Lot Size 4000 SF
Approx. Age 1950
MLS® Number RLS20070002

Property Address: 162-16 77th Rd, Fresh Meadows, NY, 11366-1906

Average square foot calculated using Size range provided by listing agent.

Description

Investor Opportunity Luxury Two Family with Strong Cash Flow + Owner's Unit Option<BR> <BR> 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.<BR> <BR> Unit Configuration:<BR> <ul> <li> Top Floor: Massive 1BR / 1BA ideal for owner occupancy (potential vacancy upon delivery)</li> <li> First Floor: 2BR / 1BA</li> <li> Basement: 2BR / 1BA</li> </ul> <BR> 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.<BR> <BR> This asset is ideal for an investor seeking:<BR> <ul> <li> Strong in-place or pro-forma cash flow</li> <li> A high-quality owner's residence while maintaining rental income</li> <li> Minimal deferred maintenance</li> <li> Long-term appreciation in a prime Queens location</li> </ul> <BR> Portfolio / Assemblage Opportunity:<BR> 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:<BR> <BR> <ul> <li> An adjacent two-family home</li> <li> An 11, 000 SF renovated commercial office/warehouse</li> <li> Shared parking and land assemblage upside</li> </ul>
MLS® NumberRLS20070002
Laundry LevelIn Unit
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1950
BasementOther
Driveway
Garage Spaces0
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 3, 2026List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
162-16 77 Th Rd, Fresh Meadows, NY

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