View All Photos
Schedule a Viewing

162-16 77th Road

Hillcrest   |   162nd Street & 164th Street
Listing ID: 104625TH

  • $ 1,500,000
  • Bedrooms
  • Bathrooms
  • HouseBuilding Type
  • 2,050/190 Approx. SF/SM
  • Details
    • Multi-FamilyOwnership
    • $ 10,029Anual RE Taxes
    • 25'x41'Building Size
    • 40'x100'Lot Size
    • 1950Year Built
    • ActiveStatus
  • Description

  • 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

    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

    Listing Courtesy of Corcoran Group
  • View more details +
  • Features
    • A/C
  • Close details -
  • Mortgage Calculator
  • $
    %
    $
    %

    Loan Amount

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.