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 ...

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