42-16 162nd St

Flushing, NY 11358
  • $2,890,000

    Price
  • 3

    Bed
  • 2

    Bath
  • 0

    SqFt

About the Listing 1HOM01 - 113730

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’ × 69’ building dimensions. Built in 2011 and completed in 2013. The property features multiple income-producing commercial and residential spaces, providing approximately $199,920 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’ × 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 $199,920 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.

Listing Highlights

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® 1037141
Year Built 2011
Total Square Footage 0
Lot/Acreage N/A
County Queens
School District Queens 25
Elementary School Ps 22 Thomas Jefferson
High School Flushing High School

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond: Central Air,Ductless
  • Heating: Baseboard
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished
  • Other: Elevator,Granite Counters,Open Kitchen
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: N/A
  • Parking Spaces: 1
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Driveway

Financial Details

  • Tax Amount: $48,333
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 05392-0124
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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42-16 162nd St Flushing, NY 11358

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Originating MLS: onekey2

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