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162-12/16 77th Road

Hillcrest   |   162nd Street & 164th Street
Listing ID: 104514TH

  • $ 3,000,000
  • Bedrooms
  • Bathrooms
  • HouseBuilding Type
  • / Approx. SF/SM
  • Details
    • Income PropertyOwnership
    • $ 6,000Anual RE Taxes
    • Building Size
    • Lot Size
    • 1950Year Built
    • ActiveStatus
  • 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.


    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.



    Listing Courtesy of Corcoran Group
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.