$2,488,000
 $13,356 est/mo Sourced by Back At You

43-07 162nd Street,Flushing, NY 11358

Flushing, NY 11358

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Description

This 21yrs young brick mixed-use building commands the 162nd Street corridor in the Murray Hill section of Flushing, combining in-place commercial income with four residential apartments across a smart, flexible layout. The 1,680 square foot ground floor was leased to a music school and offers street-level entrance plus elevator access, positioning the space for future use as a doctor's office, physical therapy or acupuncture practice, day care, or yoga and music studio under the property's R5B zoning with C2-2 commercial overlay. The second and third floors hold four separate apartments ranging from one to three bedrooms each, supported by granite counters, hardwood and tile flooring, and a formal entrance foyer. A matching finished basement offers the same street-level and elevator access for storage or commercial use. Central air, gas heat, and four separate electric meters keep operations efficient, while three off-street parking spaces solve for a corridor where curbside parking is scarce. Walk to the Broadway LIRR station, Northern Boulevard bus lines, and the shops lining 162nd Street. A high-potential investment opportunity in an established commercial and residential corridor.

Details

MLS #1045070
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2005
Days On Site61
Listing Provided ByRE/MAX 1st Choice | Po Wei Tair

Features

Bed(s)8
Bath(s) 6 Total
SQ Feet6,720
BasementY
Units4
Acreage0.07

Interior

CoolingCentral Air
HeatingHot Air, Hot Water, Natural Gas
Interior FeaturesFirst Floor Bedroom, First Floor Full Bath, Elevator, Entrance Foyer, Granite Counters, Master Downstairs, Recessed Lighting, Storage

Exterior

Exterior FeaturesBalcony
Construction MaterialsBrick
Lot FeaturesNear Public Transit, Near Shops

Parking

Garage Yes / NoNo
Parking FeaturesDriveway, Private

Utilities

UtilitiesElectricity Connected, Natural Gas Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Annual Amount64860
Tax Lot29

Area Information

StateNY
CountyQueens
CityFlushing
Zip Code11358
School DistrictFrancis Lewis High School
Elementary SchoolPs 107 Thomas A Dooley
High SchoolFrancis Lewis High School
Listing VS Median (in 11358)
Price:
$2,488,000
low | high
Med:
$1,153,000
100% of Average
sqft:
6,720
low | high
Med:
1,185
100% of Average
$ / sqft:
$370
low | high
Med:
$990
100% of Average
On site:
61
low | high
Med:
116
52.586206896552% of Average
Sourced by Back At You

Market Activity 11358

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Learn More About This Property

StateNY
CountyQueens
CityFlushing
Zip Code11358
School DistrictFrancis Lewis High School
Elementary SchoolPs 107 Thomas A Dooley
High SchoolFrancis Lewis High School
Listing VS Median (in 11358)
Price:
$2,488,000
low | high
Med:
$1,153,000
100% of Average
sqft:
6,720
low | high
Med:
1,185
100% of Average
$ / sqft:
$370
low | high
Med:
$990
100% of Average
On site:
61
low | high
Med:
116
52.586206896552% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.866M - $3.11M
sqft: 5,000 - 8,000
Nearby Listings Property ImageNearby Listings Details
42-32 162nd Street Property Photo 1
$2,498,800
42-32 162nd Street
Flushing, NY 11358
42-16 162nd Street Property Photo 1
$2,890,000
42-16 162nd Street
Flushing, NY 11358
Listing Updated: October 16, 2026 at 10:43:33 AM PDT