162-12-20 77th Rd, Queens, NY 11366

Property Description

162-12-16-20 77th Road: Two multi-fam houses + Commercial warehouse package $8.3M Rare Contiguous Mixed-Use Portfolio Fresh Meadows, Queens A compelling opportunity to acquire a fully integrated mixed-use portfolio in the heart of Fresh Meadows, consisting of : 1. An 11,000 SF renovated flex office/warehouse which can be offered: (fully vacant, a lease back or partial lease back) 2. Two adjacent multifamily buildings totaling 6 apartments (10 Bedrooms + Bathrooms) 3. A shared 12-car parking lot that services commercial use during the day and residential use evenings and weekends. 4. 14,264 INTERNAL SQUARE FEET 14,000 EXTERNAL SQUARE FEET of 3 lots 5. 162-20 77th Road can be purchased by itself at $5,340,000 This offering provides immediate control, multiple income streams, and long-term upside in one of Queens' strongest commercial and residential corridors. Commercial Component 11,000 SF Delivered Vacant or Lease Back or partial lease back. The commercial building spans two floors of warehouse and office space and has benefited from over $1,000,000 in recent capital improvements, making it a true turn-key asset for owner-users or investors. Key Features: Lease back option or partial lease back-Revenue stream from Day 1. Two-story flex warehouse/office layout Rare drive-through access from 77th Road to 78th Avenue for trucks etc. Epoxy flooring, skylights, and high-efficiency LED lighting Upgraded HVAC and rooftop units Electronic access control & CCTV surveillance Modern office suites, kitchens, and bathrooms Gym and sauna Hydronic snow-melt system Fully landscaped exterior with irrigation Multifamily Component 6 Units Strong Rental Demand 162-16 77th Road (2) 2BR / 1BA units (1) 1BR / 1BA unit 162-12 77th Road (1) oversized 1BR / 1BA unit (2) 2BR / 1BA units Apartments feature modern finishes, high ceilings, skylights, outdoor space, excellent natural light, and strong tenant appeal in a supply-constrained rental market. Parking & Synergy 12 on-site parking spaces Daytime use by commercial tenants Evening and weekend use by residential tenants Enhances leaseability and ancillary income INVESTMENT HIGHLIGHTS Rare contiguous portfolio; operational and ownership efficiency Fully vacant commercial component Minimal deferred maintenance Multiple income streams with flexible use Parking monetization potential Long-term appreciation Prime Fresh Meadows location with strong residential and commercial demand Contact me for an exclusive showing