For sale

$1,500,000

Est. $9,000/mo —

•

—

sq ft

162-16 77th Rd, Fresh Meadows, 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 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

Multi-familyProperty Type

1950Year Built

4,000 sq ftLot Size

Listing by Gina Taylor • Corcoran Group

Listing updated: Aug 13, 2026 at 12:57pm

Redfin checked: a few seconds ago

•Source:RLS at REBNY #RLS20070002

Payment calculator

$9,000 per month

Principal and interest$7,883

Property taxes

$779

HOA dues

Home insurance

$338

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

PS 154

Public PreK-5 • Assigned • 0.2mi

5/10

I.S. 250 the Robert F Kennedy Community Middle School

Public 6-8 • Assigned • 0.2mi

3/10

Provided by GreatSchools

About Kew Gardens

Hills

Kew Gardens Hills, located between Flushing Meadows–Corona Park and Forest Park, is a residential and academic New York neighborhood with mid-century co-ops and leafy, hilltop streets. The neighborhood’s character concentrates along Main Street near Union Turnpike, where bakeries, produce markets, and low-key eateries line the sidewalks beside steady bus traffic. Community pillars include Queens College’s Kupferberg Center for the Arts, the Queens Museum, and the New York Hall of Science. Brick apartment houses and attached homes define many blocks, with pockets of garden apartments near Kissena Boulevard. Cunningham Park’s trails and ballfields shape daily routines, while nearby parklands add wide-open sky to the street grid.

Provided by Walk Score and Local Logic

Market insights

162-16 77th Rd · $1,500,000

DAYS ON MARKET

The average home goes pending in 41 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

LIST PRICE

Median list price in this area is $1,289,000. (14% lower than this home)

PRICE DROP

15% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Interior features
Smoke-free property
Basement (other)

Bedrooms
Total of 7 rooms (includes bedrooms and living areas)

Bathrooms
3 full bathrooms

Laundry & utility
In-unit laundry

Sale and tax history for 162-16 77th Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$9,347 (+3.4%)

$18,600 + $56,940

$75,540

2024

$9,036 (−1.1%)

$18,600 + $50,760

$69,360

2023

$9,137 (+2.5%)

$18,600 + $39,300

$57,900

2022

$8,912 (+0.5%)

$18,600 + $49,980

$68,580

2021

$8,864 (+5.4%)

$18,600 + $38,520

$57,120

2020

$8,411 (+7.3%)

$18,600 + $42,480

$61,080

2019

$7,843

$18,600 + $42,660

$61,260

2018

$7,843 (+3.4%)

$18,600 + $39,900

$58,500

2017

$7,584 (+8.1%)

$12,660 + $24,544

$37,204

2016

$7,017 (+8.4%)

$12,660 + $24,544

$37,204

2015

$6,475 (+8.0%)

$11,675 + $23,425

$35,100

2014

$5,996 (+6.2%)

$15,441 + $15,801

$31,242

2013

$5,644 (+11.1%)

$16,509 + $14,733

$31,242

2012

$5,079 (+7.7%)

$17,835 + $13,169

$31,004

2011

$4,715 (+6.0%)

$17,469 + $11,781

$29,250

2010

$4,449 (+16.1%)

$17,197 + $10,398

$27,595

2009

$3,833

$14,802 + $11,233

$26,035

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

Lot width

40 ft.

Lot depth

100 ft.

Lot size

4,000 Sq. Ft.

Year renovated

1950

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,050

Year built

1950

Style

Single Family Residential

County

Queens County

APN

68509

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

R3-2

Low-Density Non-Contextual Residence District

R3-2 districts are general residence districts that allow a variety of housing types, including low-rise attached houses, small multifamily apartment houses, and detached and semi-detached one- and two-family residences. It is the lowest density zoning district in which multiple dwellings are permitted. Because of their flexibility, R3-2 districts are mapped widely in all boroughs except Manhattan.

Permitted uses

Include but are not limited to:

Greenhouse / nursery
Community / recreation center
Religious facility
Housing-Single unit
Housing-Other
Library
Museum / gallery
Golf related
Park & open space

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 99° expected this year, 15 days in 30 years

6/10 Wind Factor

53% chance of strong winds in next 30 years

4/10 Air Factor

6 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

Fresh Meadows, NY • 11366

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

67/ 100

Moderate sunlight

Sunscore

There appears to be some shading by surrounding buildings, terrain, and vegetation.

7.4 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

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Details provided by RLS at REBNY and may not match the public record. Learn more.

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