Active

42-16 162nd Street

Flushing, NY 11358
Mark as Favorite
Bed 3

Bed

Bath 2

Bath

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’ building 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 b uilding • 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.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $2,890,000

AD Id : 89406709

MLS Id : 1037141

Beds : 3

Year Built : 2011

County : Queens

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Basement: Finished
  • Interior Features

    Elevator, Granite Counters
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard Has Cooling: Yes Cooling: Central Air, Ductless

  • Building Information

    Year Built: 2011 Building Area Total: 6087 Construction Materials: Aluminum Siding Private Pool: No

  • Lot Information

    Lot Size Square Feet: 2550

  • Listing Price Information

    Listing Price: $2890000

  • Tax Information

    Parcel Number: 05392-0124 Tax Lot: 0124 Tax Block: 05392 Annual Tax: $48333

  • Parking Information

    Parking Total: 1 Driveway

  • School Information

    Elementary School: Ps 22 Thomas Jefferson
    Junior High School: Jhs 189 Daniel Carter Beard
    Senior High School: Flushing High School
  • Utility Information

    Natural Gas Available, Electricity Connected, Natural Gas Connected
  • Location Information

    Direction: www.google.com/maps WaterSource: Public
Sell a home like this and save $172,901 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 08/24/2026 @ 15:12

MLS: 1037141 LISTED BY: RuoRuo Yang, 1 Home Realty 718-888-0188 SOURCE: OneKey MLS

Homes around $2,890,000

Selling? Save $172,901 when you sell a home like this

Tour with a ByOwner Agent