162-16 77TH Road, New York City, NY 11366
  • $1,500,000

Description

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

Details

Updated on June 24, 2026 at 4:11 pm
  • Property ID RLS20070002
  • Price $1,500,000
  • Property Size 1035.25 Sqft
  • Bedrooms 5
  • Rooms 7
  • Bathrooms 3
  • Garage Size x x
  • Year Built 1950
  • Type Multi Family, Residential
  • Property Status Active, For Sale

Additional details

  • County Queens
  • Property Type Residential

Features

Mortgage Calculator

Contact Information

Digs Realty Group

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