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 ...
| Website: | https://www.nestseekers.com/5354032 |
|---|---|
| Address: | 162-12 77th Road Queens, NY 11366 |
| Cross street: | 162nd Street |
| Type: | House |
| Era: | Pre-war |
| Floors: | 2 |
| Ownership: | Multi-Family |
|---|---|
| Rooms: | 7 |
| Bedrooms: | Studio |
Financials
Price:$1,500,000
Real estate tax:$7,322
Description
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:
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:
Portfolio / Assemblage Opportunity:
162-12 77th Road may be purchased as part of a contiguous portfolio, including:
A rare opportunity to secure a turn-key luxury multifamily investment with flexibility, scale, and upside
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
24-20 Jackson Ave Floor 3
Long Island City, NY 11101, USA Phone: +1 929-442-2208 | |
| Listing Courtesy of Corcoran Group | |
