| ID # | RLS20070002 |
| Details | 5 bed, 3 bath, 3 Units in the building, Building has 2 floors (DOM): 0 days |
| Construction Year | 1950 |
| Bus | 1 min: Q65 |
| 3 min: Q46, QM1, QM5, QM6, QM7, QM8 | |
| 5 min: Q25, Q34 | |
| 10 min: Q64 | |
| LIRR | 1.6 miles: "Kew Gardens" |
| 1.6 miles: "Jamaica" | |
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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
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.






