16216 77th Rd, Flushing, NY, 11366

About This 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 Fresh Meadows location Portfolio / Assemblage Opportunity: 162-16 77th Road, 162-16 77th Road & 162-20 77th Road can be purchased as part of a larger contiguous portfolio, including: •An adjacent two-family home •An 11,000 SF renovated commercial office/warehouse • 16,000 exterior square ft •Shared parking and land assemblage upside