$1,500,000
162-16 77TH Road
MLS® #RLS20070002
Listing by Corcoran Group
5
Bedrooms
3
Baths
N/A
Sq. Ft.
1950
Year Built
Quick Summary
Property Highlights
- Views: Other
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Feb 3, 2026 | $1,500,000 | - |
| Currently | May 4, 2026 | $1,500,000 | - |
Description
Investor Opportunity Luxury Two Family with Strong Cash Flow + Owner's Unit Option
162-16 77th Road presents a rare opportunity to acquire a gut-renovated, income-producing two family home with three apartments, offering both immediate cash flow and the option for owner occupancy in a high-end top-floor unit.
Unit Configuration:
- Top Floor: Massive 1BR / 1BA ideal for owner occupancy (potential vacancy upon delivery)
- First Floor: 2BR / 1BA
- Basement: 2BR / 1BA
This property has been fully gut renovated with a luxury finish package throughout, including split HVAC systems, high ceilings, hardwood floors, updated kitchens with modern appliances, in-unit washer/dryer, electric fireplace, and a private balcony. Parking included.
This asset is ideal for an investor seeking:
- Strong in-place or pro-forma cash flow
- A high-quality owner's residence while maintaining rental income
- Minimal deferred maintenance
- Long-term appreciation in a prime Queens location
Portfolio / Assemblage Opportunity:
162-16 77th Road, 162-16 77th Road & 162-20 77th Road can be purchased individually or as part of a larger contiguous portfolio, including:
- An adjacent two-family home
- An 11,000 SF renovated commercial office/warehouse
- Shared parking and land assemblage upside
Features & Amenities
Interior Features
Building Amenities
Building Information
About Flushing
View All Flushing ListingsFlushing 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 NeighborhoodActive Listings
49
Median Asking Price
$845K
Median $/Sqft
$1,148
Avg Days on Market
N/A
New This Week
6
Price Reduced
12%
Sold (30 Days)
1
Median Sale Price
$849K
Live data from RLS at REBNY • Updated 5/4/26, 5:21 AM EST
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Location
162-16 77TH Road, Flushing, Queens County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.
This property has 5 bedrooms and 3 full bathrooms.
According to MLS records, the building was constructed in 1950, making it approximately 76 years old.
This listing is None
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing 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.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 9:21 AM UTC