162-12-16 77TH Road
Queens, NY, 11366 $ 3,000,000
Bedrooms10 Baths6.0 Monthly Estimate*
$ 18,472
Multi-Family Home for sale in Queens, NY
for $3,000,000 with 10 bedrooms and 6 full baths.
162-12 77th Road + 162-16 77th Road. Twο multi‐fam hοusеѕ.
Ιnvestor Opрοrtunіtу Luхury Two-Family Portfolio with Strong Cash Flow + Owner's Unit Options 162-12 & 162-16 77th Road, Fresh Meadows
162-12 and 162-16 77th Road present a rare opportunity to acquire two contiguous, gut-renovated, income-producing two-family homes, each configured with three legal apartments, offering immediate cash flow, minimal maintenance, and owner-occupancy flexibility.
Unit Configuration (Each Property):
- Top Floor: Massive 1BR / 1BA - ideal for owner occupancy (potential vacancy upon delivery)
- First Floor: 2BR / 1BA
- Basement: 2BR / 1BA
Both properties have been
fully gut renovated with a refined luxury finish package throughout, featuring:
- High ceilings & excellent natural light
- Hardwood floors
- Modern kitchens with updated appliances
- In-unit washer & dryer
- Electric fireplaces
- Split HVAC systems
- Private outdoor features (including balcony where applicable)
- Parking included
Investment Highlights:These assets are ideal for investors seeking:
- Strong in-place or pro-forma cash flow
- Owner-user flexibility while maintaining rental income
- Minimal deferred maintenance
- Long-term appreciation in a prime Fresh Meadows location
Portfolio / Assemblage Opportunity:162-12 & 162-16 77th Road may be purchased
together or as part of a larger contiguous portfolio, which includes:
- An additional luxury two-family home
- An 11,000 SF fully renovated commercial office/warehouse
- Shared parking and land assemblage potential
- Approximately 16,000 total exterior square feet
This is a
turn-key luxury multifamily portfolio offering scale, flexibility, and upside-rarely available in this submarket.
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List ByGina N TaylorListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $18,472
- Monthly Property Taxes
- $500
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Jamaica, NY
Average List Price $1,121,942
Percent of Sale Price 63%
About Jamaica, NY 231,051 Population
0% Since 2002
$ 0 Median Income
0 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/23/2026 | $3,000,000 | | Listed Price |