


162-12-16 77th Road Queens, NY 11366
Description
RLS20068539
$6,000
Multifamily
Queens County
Flushing
Listed By
REBNY
Last checked Aug 12 2026 at 2:37 AM GMT+0000
- Full Bathrooms: 6
- Laundry: In Unit
- Smoke Free
- Flushing
- Fireplace: 1
- Fireplace: Electric
- Other
- Other
- 1
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
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.