Listing Notes
Investor Opportunity Luxury Two-Family with Strong Cash Flow + Owner's Unit Option 162-12 77th Road offers a compelling opportunity to acquire a gut-renovated, income-producing two-family home with three legal apartments, combining immediate cash flow. Unit Configuration: Top Floor: Massive 1BR / 1BA - ideal for owner occupancy First Floor: 2BR / 1BA Basement: 2BR / 1BA The property has been fully gut renovated with a refined, luxury finish package throughout, high ceilings, hardwood floors, modern kitchens with updated appliances, in-unit washer and dryer, electric fireplace, and excellent natural light. Parking included. This asset is ideal for an investor seeking: Strong in-place or pro-forma cash flow Minimal deferred maintenance Long-term appreciation in a prime Fresh Meadows. Portfolio / Assemblage Opportunity: 162-12 77th Road may be purchased as part of a contiguous portfolio, including: An adjacent luxury two-family home An 11,000 SF fully renovated commercial office/warehouse Shared parking and land assemblage potential A rare opportunity to secure a turn-key luxury multifamily investment with flexibility, scale, and upside
Price in context
Cheaper than 12% of the 24 homes listed nearby right now, which run $828,000 to $1,650,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 8060 162nd St | $828,000 | 4 bd · 2 ba |
| 8041 159th St | $849,999 | 5 bd · 2 ba |
| 164-16 Goethals Ave | $865,000 | 3 bd · 2 ba |
| 164-16 Goethals Ave | $865,000 | 3 bd · 3 ba |
| 162-17 76th Rd | $899,000 | 2 bd · 2 ba |
| 15840 73rd Ave | $899,999 | 3 bd · 3 ba |
| 15840 73rd Ave | $899,999 | 3 bd · 2.5 ba |
| 77-14 162nd St | $950,000 | 4 bd · 2 ba |
| 164-36 77th Rd | $968,000 | 3 bd · 2 ba |
| 16414 81st Ave | $988,800 | 5 bd · 2 ba |
| 16026 76th Rd | $999,000 | 3 bd · 2 ba |
| 16026 76th Rd | $999,000 | 3 bd · 2 ba |
| 7501 167th St | $1,078,000 | 3 bd · 2 ba |
| 7601 164th St | $1,099,000 | 3 bd · 2 ba |
| 16029 76th Ave | $1,120,000 | 3 bd · 2 ba |
| 160-16 78th Ave | $1,150,000 | 4 bd · 2 ba |
| 167-11 81st Ave | $1,175,000 | 4 bd · 3 ba |
| 167-11 81st Ave | $1,175,000 | 4 bd · 3 ba |
| 164-38 76th Rd | $1,298,000 | 3 bd · 3 ba |
| 15833 73rd Ave | $1,300,000 | 3 bd · 2 ba |
| 160-15 79th Ave | $1,480,000 | 5 bd · 3 ba |
| 162-12 77th Rd | $1,500,000 | 5 bd · 3 ba |
| 7719 Parsons Blvd | $1,598,000 | 5 bd · 4 ba |
| 153-07 79th Ave | $1,650,000 | 7 bd · 5 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more