---
title: "162-16 77TH Road, Flushing, NY 11366"
description: "162-16 77TH Road, Flushing, NY 11366 — NYC real estate listing on Real Estate Rebate Team. Priced at $1,500,000. Est. potential buyer savings up to $37,500 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11366/162-16-77th-road-ny-11366"
source: "Real Estate Rebate Team"
---

# 162-16 77TH Road, Flushing, NY 11366

> **Listing Courtesy of:** Corcoran Group

## 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 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

## Property Details

- **Price**: $1,500,000
- **Potential Buyer Rebate**: $37,500
- **Bedrooms**: 5
- **Bathrooms**: 3
- **Living Area**: 1,035 sqft
- **Property Type**: Residential
- **Year Built**: 1950
- **Building**: 162-16 77TH Road
- **Neighbourhood**: Flushing
- **Area / Borough**: Queens
- **Subdivision**: Flushing
- **Listing Office**: Corcoran Group
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$37,500** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/queens/162-16-77th-road)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/queens/flushing)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.