Fresh Meadows | 162nd Street & 164th Street
- $ 1,500,000
- Bedrooms
- Bathrooms
- Detached HouseBuilding Type
- 1,632 Approx. SF
- Details
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- Multi-FamilyOwnership
- $ 7,322Anual RE Taxes
- 23'x34'Building Size
- 40'x100'Lot Size
- 1950Year Built
- ActiveStatus
- Description
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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 upsideInvestor 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
Listing Courtesy of Corcoran Group
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- Features
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- A/C
- Close details -
- Contact
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William Abramson
License Licensed As: William D. AbramsonDirector of Brokerage, Licensed Associate Real Estate Broker
W: 646-637-9062
M: 917-295-7891
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.