FOR SALE

162-16 77TH

Queens, Flushing, New York City, NY

Asking

$1,500,000

BTC

22.314

ETH

767.32

Beds
5
Baths
3
Year Built
1950
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

LOADING

Location

Market Area
Queens
Neighborhood
Flushing

Agent

Gina N Taylor

+1 310 910 1722

Contact Email

[email protected]