162-12-16 77th Road Queens, NY 11366
Listing Courtesy of: REBNY / Listed By: Corcoran Group

  162-12-16 77th Road Queens, NY 11366

Active (201 Days)
$3,000,000 (USD)
10
BED
6
BATH

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.


MLS #:
RLS20068539
Taxes
$6,000
Type
Multifamily
County
Queens County
Community
Flushing

Listed By

Gina Taylor, Corcoran Park Avenue South
Source
REBNY
Last checked Aug 12 2026 at 2:37 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 6
Interior Features
  • Laundry: In Unit
  • Smoke Free
Subdivision
  • Flushing
Property Features
  • Fireplace: 1
  • Fireplace: Electric
Heating and Cooling
  • Other
Basement Information
  • Other
Stories
  • 1
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by The Corcoran Group and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 Real Estate Board of New York (REBNY). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/11/26 19:37