$3,000,000
162 12 16 77th Road, Queens, Ny 11366
- 10 Beds
- 6 Baths
- Updated: April 1
-
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- MLS#23699859
About the Property
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 imm
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 imm
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):
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
- 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
- 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
- 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
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Property type
House
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162-12-16 77th Road, Queens, NY 11366, New York, New York, United States
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Corcoran Park Avenue South
387 Park Avenue South Fl 4th, 10016, New York, New York, United States
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Last updated
April 1
First listed
Jan 23
Listing reference
s5365t
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