162-16 77TH Road, New York City, NY 11366

• 5 beds |
• 3 baths |
• 1,035 sqft

Property 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

Listing Status:

Active

Date Added:

February 3, 2026

Data Last Updated:

August 11, 2026 at 4:23AM

Listing Office:

Corcoran Group : (212) 355-3550

Listing Agent:

Gina N Taylor : 914-912-0902

MLS ID:

RLS20070002

Interior

• General: Smoke Free
• Laundry: In Unit
• Basement: Other
• A/C: None

Construction

• General: 2

Location

• Originating MLS: RLS_REBNY
• County: Queens

Lot

• View: Other

Financial

• Source: RLS_REBNY