Description
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
Address
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Address: 162-12 77TH Road
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City: New York City
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State/county: NY
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Zip/Postal Code: 11366
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Area: Flushing
Details
Updated on May 12, 2026 at 9:20 pm-
Property ID RLS20070001
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Price $1,500,000
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Property Size 816.61 Sqft
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Bedrooms 5
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Rooms 7
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Bathrooms 3
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Garage Size x x
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Year Built 1950
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Type Multi Family, Residential
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Property Status Active, For Sale
Additional details
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County Queens
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Property Type Residential
Features
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