$1,500,000

Estimated payment $9,027/month

Total Views 4,935
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

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 Agent

Gina Taylor

Corcoran Group License #40TA1055494 Listed on: 02/03/2026

Corcoran Group

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1950

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100.00x40.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Eco-Friendly Details

  • Green Building
  • Smoke Free Home

Utilities

  • No Cooling

Community Details

  • 3 Units
  • Flushing Subdivision

Listing and Financial Details

  • Legal Lot and Block 0009 / 06850

Townhouse Details

Home Type

Townhome

Year Built

Built in 1950

Lot Details

4,000 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Flushing
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • Pool Features: Building None
  • View: Other
  • View: No
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 4000.0
  • Lot Size Dimensions: 100.00x40.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 2
  • Year Built: 1950

Tax Info

  • Tax Block: 06850
  • Tax Lot: 0009

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $9,577 $50,544 $12,445 $38,099
2025 $9,036 $47,684 $12,787 $34,897
2024 $9,036 $44,988 $14,452 $30,536
2023 $9,036 $44,988 $12,201 $32,787
2022 $8,912 $57,120 $18,600 $38,520
2021 $8,864 $61,080 $18,600 $42,480
2020 $8,411 $61,260 $18,600 $42,660
2019 $7,843 $58,500 $18,600 $39,900
2018 $7,642 $37,490 $12,971 $24,519
2017 $7,584 $37,204 $12,660 $24,544
2016 $7,017 $37,204 $12,660 $24,544
2015 $4,233 $33,114 $14,660 $18,454
2014 $4,233 $31,242 $15,441 $15,801
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/03/2026 02/03/26 For Sale $1,500,000 -- --
Source: Real Estate Board of New York (REBNY)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $800,000 --
Deed $800,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $430,000 Unknown
Previous Owner $167,900 No Value Available
Previous Owner $417,000 No Value Available
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20070002

Real Estate Board of New York (REBNY)

APN: 06850-0009

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