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  • $1,500,000

    16216 77th Rd, Flushing, NY 11366

    5beds
    --sqft
    Single Family Residence
    Built in 1950
    -- sqft lot
    $1,452,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Electric fireplaceParking includedHigh ceilingsPrivate balconyLuxury finish package throughoutSplit hvac systemsHardwood floors
    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
    76 days
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    261
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    1
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    Zillow last checked: 7 hours ago

    Listing updated: March 13, 2026 at 08:41am

    Listing by:

    Corcoran 914-912-0902,

    Gina Taylor

    Source: StreetEasy,MLS#: S1806507

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Washer/Dryer
      Features
      • Flooring: Hardwood
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Patio & porch: Terrace, Other
      • Exterior features: Courtyard, Balcony, Garden, Terrace
      Details
      • Parcel number: 068500009
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Year built: 1950

      Community & HOA

      Community
      • Subdivision: Pomonok
      Location
      • Region: Flushing

      Financial & listing details

      • Tax assessed value: $965,000
      • Annual tax amount: $6,000
      • Date on market: 1/14/2026

        Estimated market value

        $1,452,700

        $1.38M - $1.53M

        $4,480/mo

        Price history

        Price history
        DateEventPrice
        1/14/2026Listed for sale$1,500,000+87.5%
        Source: StreetEasy #S1806507 Report a problem
        9/9/2022Sold$800,000
        Source: Public Record Report a problem
        9/7/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        8/14/2021Listed for rent$1,000-81.1%
        Source: Zillow Rental Manager Report a problem
        6/1/2016Listing removed$5,300
        Source: Spire Group Report a problem
        8/22/2015Listed for rent$5,300
        Source: Spire Group Report a problem
        11/4/2009Sold$800,000
        Source: Public Record Report a problem
        1/3/2008Sold$800,000
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024-- $57,900 -15.6%
        2023-- $68,580 +20.1%
        2022-- $57,120 -6.5%
        2021-- $61,080 -0.3%
        2020$8,411 +6%$61,260 +4.7%
        2019$7,936 +1.2%$58,500 +56%
        2018$7,843 +3.4%$37,490 +0.8%
        2017$7,584 +10.5%$37,204 +6%
        2016$6,863 $35,100 +6%
        2015$6,863 +62.1%$33,114 +6%
        2014$4,233 $31,242
        2013-- $31,242 +0.8%
        2012-- $31,004 +6%
        2011-- $29,250 +6%
        2010-- $27,595 +6%
        2009-- $26,035
        2008-- $26,035

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Fresh Meadows

        Getting around

        82 / 100
        Very Walkable
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        Local experts in 11366

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