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Listing Courtesy of Corcoran Group
$ 1,500,000
Est. payment | /mo
5 Beds
3 Baths
$ 1,500,000
Est. payment | /mo
5 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Flushing
MLS Listing ID RLS20070001
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1950
Property Sub-Type Multi Family
Property Description
Investor Opportunity Luxury Two-Family with Strong Cash Flow + Owner's Unit Option
162-12 77th Road offers a compelling opportunity to acquire a gut-renovated, income-producing two-family home with three legal apartments, combining immediate cash flow.
Unit Configuration:
Top Floor: Massive 1BR / 1BA - ideal for owner occupancy First Floor: 2BR / 1BA Basement: 2BR / 1BA
The property has been fully gut renovated with a refined, luxury finish package throughout, high ceilings, hardwood floors, modern kitchens with updated appliances, in-unit washer and dryer, electric fireplace, and excellent natural light. Parking included.
This asset is ideal for an investor seeking:
Strong in-place or pro-forma cash flow Minimal deferred maintenance Long-term appreciation in a prime Fresh Meadows.
Portfolio / Assemblage Opportunity:
162-12 77th Road may be purchased as part of a contiguous portfolio, including:
An adjacent luxury two-family home An 11,000 SF fully renovated commercial office/warehouse Shared parking and land assemblage potential
A rare opportunity to secure a turn-key luxury multifamily investment with flexibility, scale, and upside
162-12 77th Road offers a compelling opportunity to acquire a gut-renovated, income-producing two-family home with three legal apartments, combining immediate cash flow.
Unit Configuration:
Top Floor: Massive 1BR / 1BA - ideal for owner occupancy First Floor: 2BR / 1BA Basement: 2BR / 1BA
The property has been fully gut renovated with a refined, luxury finish package throughout, high ceilings, hardwood floors, modern kitchens with updated appliances, in-unit washer and dryer, electric fireplace, and excellent natural light. Parking included.
This asset is ideal for an investor seeking:
Strong in-place or pro-forma cash flow Minimal deferred maintenance Long-term appreciation in a prime Fresh Meadows.
Portfolio / Assemblage Opportunity:
162-12 77th Road may be purchased as part of a contiguous portfolio, including:
An adjacent luxury two-family home An 11,000 SF fully renovated commercial office/warehouse Shared parking and land assemblage potential
A rare opportunity to secure a turn-key luxury multifamily investment with flexibility, scale, and upside
Location
State NY
County Queens
Rooms
Basement Other
Interior
Interior Features Smoke Free
Fireplace No
Laundry In Unit
Exterior
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 2
New Construction No
Others
Ownership None
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by WJFNY