162-12 77th Road,New York City, NY 11366
New York City, NY 11366
Description
Investor Opportunity Luxury Two-Family with Strong Cash Flow + Owner's Unit Optionbr br 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. br br Unit Configuration:br ul li Top Floor: Massive 1BR / 1BA - ideal for owner occupancy /li li First Floor: 2BR / 1BA/li li Basement: 2BR / 1BA/li /ul br 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.br br This asset is ideal for an investor seeking:br ul li Strong in-place or pro-forma cash flow/li li Minimal deferred maintenance/li li Long-term appreciation in a prime Fresh Meadows. /li /ul br Portfolio / Assemblage Opportunity:br 162-12 77th Road may be purchased as part of a contiguous portfolio, including:br br ul li An adjacent luxury two-family home/li li An 11,000 SF fully renovated commercial office/warehouse/li li Shared parking and land assemblage potential/li /ul br A rare opportunity to secure a turn-key luxury multifamily investment with flexibility, scale, and upside
Details
| MLS # | RLS20070001 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 233 |
| Listing Provided By | Corcoran Group | Gina N Taylor |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 816 |
| Story(s) | 2 |
| Units | 3 |
| Acreage | 0.09 |
| Property View | Other |
Interior
| Rooms Total | 7 |
|---|---|
| Cooling Yes / No | No |
| Interior Features | Smoke Free |
| Fireplace Yes / No | No |
| Laundry Features | In Unit |
Exterior
| Patio And Porch Features | None |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 0 |
|---|---|
| Tax Block | 06850 |
| Tax Lot | 0007 |
Area Information
| State | NY |
|---|---|
| County | Queens |
| City | New York City |
| Zip Code | 11366 |
| Area | Queens |
| Community Name | Flushing |
| Listing VS Median (in Flushing) | |
Price: $1,500,000 low | high Med: $988,000 sqft: 816 low | high Med: 1,045 $ / sqft: $1,838 low | high Med: $945 On site: 233 low | high Med: 118 | |
Market Activity 11366
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Learn More About This Property
| State | NY |
|---|---|
| County | Queens |
| City | New York City |
| Zip Code | 11366 |
| Area | Queens |
| Community Name | Flushing |
| Listing VS Median (in Flushing) | |
Price: $1,500,000 low | high Med: $988,000 sqft: 816 low | high Med: 1,045 $ / sqft: $1,838 low | high Med: $945 On site: 233 low | high Med: 118 | |
