David Francis New York
    • Currency
    • Login
    • Register
  • Sales
  • Rentals
  • Exclusives
  • Open Houses
  • Our Team
    • Company Information
    • Agent Information
  • Resources
    • About Renting
    • About Buying
    • About Selling
    • Neighborhoods
  • Contact
  • Testimonials
    • Currency
    • Login
    • Register
  • 162-12/16 77th Road
  • $ 3,000,000
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366

162-12/16 77th Road

Hillcrest   |   162nd Street & 164th Street

Building For Sale
$ 3,000,000
Ownership Income Property
Floors/Apts 2/6
Status Active
Real Estate Taxes [Per Annum] $ 6,000
Building Type House
Year Built 1950
Listing ID: 104514TH

Photos

162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366

David Calderazzo

License

Broker/Owner


W: 212-828-0492
162-12/16 77th Road Hillcrest Queens NY 11366

Property 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.


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.



Listing Courtesy of Corcoran Group

David Calderazzo

License

Broker/Owner


W: 212-828-0492

Care to take a look at this property?

Apartment Features

A/C

Outdoor

Patio
162-12/16 77th Road Hillcrest Queens NY 11366
162-12/16 77th Road Hillcrest Queens NY 11366

Building Details [162-12/16 77th Road]

Ownership Income Property
Service Level Voice Intercom
Building Type House
Year Built 1950
Floors/Apts 2/6

Mortgage Calculator in [US Dollars]

$
%
$
%

Loan Amount

David Calderazzo

License

Broker/Owner


W: 212-828-0492
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. 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.
Home | Sales | Rentals | Exclusives | Open Houses | Our Team | Resources | Contact Us | Testimonials
Terms of use | © 2026 DAVID FRANCIS NEW YORK, ALL RIGHTS RESERVED
While we endeavor to verify the truth and accuracy of the information contained herein, we make no representation or warranty with respect to such information. Accordingly, all information published herein is subject to error, omission, change or withdrawal without notice. Please confirm all information with the contact prior to viewing the apartment.
T01.50.0.0 | Core: 50.0.0
Built With OLR Built With OLR Fair Housing  |  Broker's Procedures Built With OLR
245 East 87th Street New York, NY 10128
T:   212-828-0492   |   Email:   david@dfnyre.com
T01.50.0.0 | Core: 50.0.0