42-32 162nd Street Flushing, NY $ 2,498,800
42-32 162nd Street
$ 2,498,800
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42-32 162nd Street

Flushing, NY, 11358
$ 2,498,800
Bedrooms-- Baths-- Sq 5,028

Monthly Estimate*

$ 15,778

42-32 162nd Street, Flushing, NY 11358 - Image 1
42-32 162nd Street, Flushing, NY 11358 - Image 2
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42-32 162nd Street, Flushing, NY 11358 - Image 4
42-32 162nd Street, Flushing, NY 11358 - Image 5
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42-32 162nd Street, Flushing, NY 11358 - Image 8
42-32 162nd Street, Flushing, NY 11358 - Image 9

Commercial Property for sale in Flushing, NY

for $2,498,800. This 5,028 square foot building was built in 2008 on a lot size of 0.0436.

Excellent mixed-use opportunity in a prime Flushing location! Built in 2008, this newer mixed-use property features commercial space with basement on the lower level and residential space above, the second and third floors, each offering 3 bedrooms and 2 full bathrooms. Building size approximately 19’ × 76’. Located in a highly desirable and active commercial area surrounded by shopping, restaurants, businesses, and neighborhood amenities. Convenient access to public transportation provides excellent connectivity throughout Flushing and beyond. Both residential and commercial spaces are currently occupied, with tenants responsible for their own electricity and heat. A great opportunity for investors or future owner-users seeking a newer mixed-use property in one of Flushing’s established commercial areas with strong long-term potential.

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Commercial Active

Price

$ 2,498,800

Property Type

Commercial

Taxes

$ 12,220

Style

Multi Family

Lot Size

0.0436

Year Built

2008

Town/City

Flushing

County/Region

Queens

MLS | Web ID

1052603

Features
General
Sewer Public Sewer
Heating Hot Water
Cooling Central Air
Utilities Electricity Available Electricity Connected Natural Gas Connected
Zoning R5B
Construction Materials Brick
Year Built 2008
Tenant Pays Electricity Gas Heat
Property Subtype Multi Family
Tax Year 2026
Parcel Number 05392-0031
County Queens
Property Type Commercial Sale
Directions see google map
City New York
High School District Queens 25
Number Of Units Total 3
Property Attached Y/N N
Tax Annual Amount 12220.55
Property Condition Updated/Remodeled
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Queens 25
Elementary School District Queens 25
Tax Assessed Value 146580
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Interior
Basement Finished Full
Total Stories 3
Basement Features Finished Full
Basement (Y/N) Y
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Exterior
Parking Features Private Private
Water Source Well Public
Total Parking 2
Parking Spaces 2
Building Area Total 5028
Waterfront Y/N N
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Internal Only
Street Number 1 42
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* Excluded Features
List By
Yan Lin

Listing Agent

Re/Max 1St Choice

Broker

516-888-6000

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Affordability Calculator

$16,796
Per Month
94%
6%
0%
Monthly Principal & Interest
$15,778
Monthly Property Taxes
$1,018
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4099704 Elementary School
4100326 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2026$2,498,800 Listed Price

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42-32 162nd Street, Flushing, NY, 11358 is a Commercial Property for sale at $2,498,800 with 5,028 sqft and a lot size of 0.0436. 42-32 162nd Street was built in 2008. The property's zip code is 11358 which is in Flushing, NY