Updated 5 days ago

42-16 162nd Street

East Flushing, Queens | Sanford Ave & 43rd Ave

5 Rooms3 Beds2 Baths6,087 Square FeetMixed Use

$2,890,000
floors / apts3 / 1
Lot Size25'x100'
ZoneR5B/C2
Building TypeLow-Rise
RE Taxes$48,333
Price Per SF
$475

Outdoor space and views

  • Balcony

Building Amenities

  • Voice Intercom
  • Alarm System
  • Elevator

Property Description for 42-16 162nd Street

RARE FLUSHING MIXED-USE ELEVATOR BUILDING - PRIME LOCATION NEAR NORTHERN BLVD Rare opportunity to own a modern mixed-use elevator building in a prime Flushing location near Northern Boulevard. Approximately 6,087 SF of building space on a 2,550 SF lot, with approximately 25' by 69' buildin... g dimensions. Built in 2011 and completed in 2013. The property features multiple income-producing commercial and residential spaces, providing approximately $200,000 in current annual rental income. Property Features: - Ground Floor - Spa business - $3,827/month - 1st Floor - Golf School/Club - $5,851/month - 2nd Floor - Medical Office/Doctor's Clinic - $3,782/month - 3rd Floor - Spacious 3-Bedroom, 2-Bathroom Residence with a large private balcony - $3,300/month - Elevator building - Approx. 6,087 SF building - Approx. 2,550 SF lot - Approx. 25' by 69' building dimensions - Built 2011 / Completed 2013 - Strong mix of commercial and residential tenants - Excellent investment and owner-user opportunity Four separate income streams in one property, with approximately $200,000 in gross annual rental income. Prime Flushing location with convenient access to Northern Boulevard, shopping, restaurants and transportation. A rare opportunity to acquire a modern, elevator-equipped mixed-use property with strong existing cash flow in Flushing. Show more

Listing History for 42-16 162nd Street

Now
10/08/2026
$2,890,000
Initial Price by RuoRuo Yang
1 Home Realty
07/06/2026
POM by Michelle Tao
E Realty International Corp.

Building Details for 42-16 162nd Street

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePost-War
AccessElevator
Floors/Apts3/1
Learn More About the Building
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 106029TH