162-16 77th Rd Fresh Meadows, NY 11366
Hillcrest NeighborhoodEstimated payment $9,074/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 | -- | -- |
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 | -- |
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: Real Estate Board of New York (REBNY)
MLS Number: RLS20070002
APN: 06850-0009
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Ask me questions while you tour the home.