162-12-16 77TH Road, New York City, NY 11366
  • $3,000,000

Description

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.

  • Address: 162-12-16 77TH Road
  • City: New York City
  • State/county: NY
  • Zip/Postal Code: 11366
  • Area: Flushing

Details

Updated on May 12, 2026 at 9:20 pm
  • Property ID RLS20068539
  • Price $3,000,000
  • Bedrooms 10
  • Rooms 10
  • Bathrooms 6
  • Garage Size x x
  • Type Multi Family, Residential
  • Property Status Active, For Sale

Additional details

  • Cooling Other
  • County Queens
  • Property Type Residential

Mortgage Calculator

Contact Information

Digs Realty Group

Enquire About This Property

This field is for validation purposes and should be left unchanged.
Name(Required)