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.
Listed by Gina N Taylor
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Corcoran Group
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(646) 382-8802
Last updated January 30, 2026
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Source: REBNY #RLS20068539
Listing Facts
TypeMulti-family
NeighborhoodKew Gardens Hills
Bedrooms10
Bathrooms6
Days on Prevu8
Taxes$6,000/year
Amenities
Private Outdoor Space
Location
Mortgage Calculator
Listing History
01/23/2026
Listed by Corcoran Group
$3,000,000
Estimated Closing Costs
Total
$114,200
Attorney Fees
$4,000
NYC Mansion Tax
$45,000
Title Insurance
$13,500
Bank Attorney
$1,500
Mortgage Recording Tax
$46,200
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $3,000,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 162-12-16 77th Road
Association
Amenities
Pets Allowed: Building Yes, No
Exterior
Construction
Number Of Units Total: 1
Stories Total: 1
Structure Type: Townhouse
Entry Level: 1
Features
Patio And Porch Features: Deck, Patio
Measurements
Building Area Units: SquareFeet
Lot Size Dimensions: 0
Lot Size Units: SquareFeet
Financial
Taxes
Tax Annual Amount: $6,000.00
Interior
Features
Fireplace Features: Electric
Fireplace: Yes
Fireplaces Total: 1
Interior Features: Smoke Free
Measurements
Living Area Units: SquareFeet
Rooms
Bathrooms Full: 6
Bathrooms Total Integer: 6
Bedrooms Total: 10
Rooms Total: 10
Other
Location
City Region: Queens
Subdivision Name: Flushing
Tax Block: 06850
Tax Lot: 0016
Parking
Parking
Garage: Yes
Utilities
Equipment
Has Cooling: Yes
Laundry Features: In Unit
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 10 bedrooms and 6 bathrooms in this multi-family home at 162-12-16 77th Road.
What are the annual taxes for 162-12-16 77th Road?
Annual taxes for this multi-family home are estimated at $6,000.
How does 162-12-16 77th Road compare to other multi-family homes in Kew Gardens Hills?
This multi-family home is listed 69% above the average price for multi-family homes in Kew Gardens Hills and has been on the market for 78 less days than the typical home in this area.
162-12-16 77th Road is a 10-bedroom, 6-bath multi-family home for sale in Queens NY 11366. On Prevu for 8 days at $3,000,000. This property is located in Kew Gardens Hills. The median listing price for multi-family homes in this area is $325,000. Additional amenities include private outdoor space. Explore more multi-family home listings in Queens.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.