Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
162-12-16 77TH Road
Active For Sale Multi Family

$3,000,000

162-12-16 77TH Road

Flushing, Queens

MLS® #RLS20068539

RLS at REBNY

Listing by Corcoran Group

10

Bedrooms

6

Baths

Sq. Ft.

Year Built

Quick Summary

Bedrooms 10
Bathrooms 6
Year Built N/A
Ownership None
Property Taxes $6,000/yr
Parking Garage
Neighborhood Flushing
Floor 1 of 1

Property Highlights

  • Views: Other
  • Outdoor Space: Deck, Patio
  • Fireplace: 1 fireplace

Property Details

Type Multi Family
Ownership None
Total Rooms 10
Baths 6 Full
Floor 1 of 1
View Other
Cooling Other
Pets Yes
Parking Garage Available
Structure Type Townhouse
Basement Other
Block/Lot 06850/0016

Description

162-12 77th Road + 162-16 77th Road. Two multi-fam houses.

Investor Opportunity Luxury 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.


Features & Amenities

Interior Features

Smoke Free In Unit Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft Deck Patio

Building Amenities

Green Building

Building Information

Total Units 1
Stories 1
Structure Townhouse

Financial Details

RE Taxes $6,000/yr ($500/mo)

Flushing is a world-class commercial and residential hub, known for its incredible energy and cultural depth. As one of the city's most important transit and retail centers, it offers a high-energy lifestyle with unparalleled dining and shopping. The real estate market has seen a dramatic transformation with the arrival of ultra-modern luxury glass towers and mixed-use developments, alongside a solid stock of traditional cooperatives and multi-family homes.

Flushing Live Market Data

View Neighborhood

Active Listings

36

Median Asking Price

$873K

Median $/Sqft

$1,122

Avg Days on Market

N/A

New This Week

1

Price Reduced

17%

Sold (30 Days)

1

Median Sale Price

$770K

Live data from RLS at REBNY • Updated 2/16/26, 1:24 AM EST

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Location

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162-12-16 77TH Road, Flushing, Queens County

MLS® ID: RLS20068539
First Listed: 1/23/2026
On Market: 1/23/2026
Price Changed: 1/23/2026
Contract Date: 1/23/2026

Listing Courtesy of Corcoran Group - Gina N Taylor

Listing Contact: (646) 382-8802

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 2/16/2026 at 6:24 AM UTC

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