16216 77th Rd
Flushing, NY 11366
Fresh Meadows- 5 Beds
- 3 Baths
5 Beds
3 Baths
Local Information
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Description
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
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
Contact this Building
Home Highlights
Parking
Garage
Outdoor
Yes
A/C
Has Cooling
HOA
None
Price/Sqft
No Info
Listed
127 days ago
Last check for updates: about 4 hours ago
Listing by: Corcoran, (914) 912-0902
Gina Taylor
Source: StreetEasy, MLS#S1806507
Home Details for 16216 77th Rd
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MLS Status: Active |
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Interior Details Number of Rooms: 7 |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Appliances & Utilities Appliances: Dishwasher, Washer/DryerDishwasher |
Heating & Cooling Has CoolingAir Conditioning: Central Air |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Floors: Hardwood |
View No View |
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Exterior Home Features Patio / Porch: Other, TerraceExterior: Courtyard, Balcony, Garden, TerraceGarden |
Parking & Garage Has a GarageParking: Garage |
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Days on Market: 127 |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
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Price List Price: $1,500,000 |
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Direction & Address City: Fresh MeadowsCommunity: Pomonok |
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Listing Agent Listing ID: S1806507 |
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HOA Fee: No HOA Fee |
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Special Conditions: Resale |
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Mls Number: S1806507Listing Url |
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STREETEASY Property ID: 24446655STREETEASY Building ID: 562038 |
Price History for 16216 77th Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 01/14/2026 | $1,500,000 | Listed For Sale | StreetEasy #S1806507 |
| 09/09/2022 | $800,000 | Sold | N/A |
| 09/07/2021 | ListingRemoved | Zillow Rental Manager | |
| 08/14/2021 | $1,000 | Listed For Rent | Zillow Rental Manager |
| 06/01/2016 | $5,300 | ListingRemoved | Agent Provided |
| 08/22/2015 | $5,300 | Listed For Rent | Agent Provided |
| 11/04/2009 | $800,000 | Sold | N/A |
| 01/03/2008 | $800,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | |
| Assessment | $965,000 |
Home facts updated by county records
Comparable Sales for 16216 77th Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Single-Family Home | $705,000 | 04/15/26 | 4 | 1.5 | 1,416 | |
0.10 | Single-Family Home | $800,000 | 06/03/25 | 3 | 2.5 | 1,500 | |
0.04 | Single-Family Home | $740,000 | 10/09/25 | 4 | 2 | 1,081 | |
0.15 | Single-Family Home | $1,205,000 | 06/27/25 | 4 | 3 | 1,500 | |
0.24 | Single-Family Home | $920,000 | 12/01/25 | 6 | 3 | - | |
0.25 | Single-Family Home | $900,000 | 05/08/26 | 4 | 3 | 1,468 | |
0.13 | Single-Family Home | $1,020,000 | 08/11/25 | 3 | 3 | - | |
0.26 | Single-Family Home | $935,000 | 06/30/25 | 3 | 3 | 1,260 | |
0.22 | Single-Family Home | $1,103,200 | 05/13/26 | 3 | 2.5 | 1,884 |
Assigned Schools
These are the assigned schools for 16216 77th Rd.
What Locals Say about Fresh Meadows
At least 425 Trulia users voted on each feature.
88 % Say there are sidewalks
83 % Say it's walkable to grocery stores
78 % Say it's dog friendly
75 % Say it's walkable to restaurants
71 % Say streets are well-lit
64 % Say kids play outside
63 % Say people would walk alone at night
58 % Say car is needed
57 % Say there's holiday spirit
53 % Say it's quiet
48 % Say yards are well-kept
47 % Say they plan to stay for at least 5 years
43 % Say neighbors are friendly
37 % Say parking is easy
36 % Say there's wildlife
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
16216 77th Rd, Flushing, NY 11366 is a 5 bedroom, 3 bathroom single-family home built in 1950. 16216 77th Rd is located in Fresh Meadows, Flushing. This property is currently available for sale and was listed by StreetEasy on Jan 14, 2026. The MLS # for this home is MLS# S1806507.

