42-16 162nd Street, Flushing, NY 11358
Local realty services provided by:ERA Insite Realty Services
42-16 162nd Street,Flushing, NY 11358
$2,890,000
- 3 Beds
- 2 Baths
- 6,087 sq. ft.
- Multi-family
- Active
Listed by: ruoruo yang
Office: 1 home realty
MLS#:1037141
Source:OneKey MLS
Price summary
- Price:$2,890,000
- Price per sq. ft.:$474.78
About this home
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 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....
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Home facts
- Year built:2011
- Listing ID #:1037141
- Added:48 day(s) ago
- Updated:September 28, 2026 at 12:21 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Basement:Yes
- Basement Description:Finished
- Living area:6,087 sq. ft.
Heating and cooling
- Cooling:Central Air, Ductless
- Heating:Baseboard
- Central air:Yes
Structure and exterior
- Year built:2011
- Building area:6,087 sq. ft.
- Lot area:0.06 Acres
- Architectural Style:Modern
- Construction Materials:Aluminum Siding
Schools
- High school:Flushing High School
- Middle school:Jhs 189 Daniel Carter Beard
- Elementary school:Ps 22 Thomas Jefferson
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,890,000
- Price per sq. ft.:$474.78
- Tax amount:$48,333 (2026)
Features and amenities
- Amenities:Granite Counters
Parking
- Total parking spaces:1
- Parking description:Driveway
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