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Three-Story Mixed-Use Building
For Sale
$2,168,000

42-19 162nd Street, Flushing, NY 11358

Commercial Sale, Flushing, NY

Property SizeContact for details
Days on Market384

Property Features for 42-19 162nd Street

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking features Driveway, Garage
Basement Finished, Full
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9850

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Electric
Water source Public

Amenities

basement storage

Building Details

Year built 1930
Building materials Brick
Listing Agency: E Realty International Corp
Listed By: Carol J. Jia
Added: Aug 5, 2025 Changed: Aug 20 Last Checked: Aug 23 at 6:06AM
MLS# 897611

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick mixed-use property was built in 1930 and contains three above-ground levels plus a finished basement. The first floor is configured as a commercial storefront. Above it, the second floor includes a four-bedroom, one-bath apartment, while the third floor offers a three-bedroom, one-bath apartment. The basement provides storage and contains the boiler room.

Separate utility metering serves the property, with natural gas heating, electric cooling, public water, and public sewer. A driveway and garage provide parking for two vehicles. The building is located one block from Northern Boulevard in Flushing, near restaurants, supermarkets, pharmacies, banks, and a post office. Bus routes include Q12, Q13, Q26, Q27, Q28, Q65, N20G, and N20X, with the Long Island Rail Road station at 163rd Street and Northern Boulevard approximately a five-minute walk away.

Key Highlights

  • Three above‑ground stories plus a finished basement
  • First‑floor commercial storefront with two upper‑level apartments
  • Second‑floor unit: 4 bedrooms and 1 bathroom

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Auto Parts Store Furniture & Home Goods Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

735
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Citibank Shops & Services
5,584 visits/mo 0.3 miles

Demographics for 11358, NY

40,435
Population
13,806
Households
2.9
Avg Household Size
43
Median Age
37%
College-Educated
84%
High-School Grad
2.0 sq mi
ZIP Area
20,218
Density / Sq Mi
$88,729
Median Household Income
$46,875
Median Earnings
$2,086
Median Rent
$967,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick property combines a street-level storefront with two residential apartments and on-site vehicle storage.
Where is this mixed-use property located?
The property is located at 42-19 162nd Street Flushing, NY.
What is the asking price?
The asking price for this property is $2,168,000.
What are key features of this property?
This property features: Three above‑ground stories plus a finished basement; First‑floor commercial storefront with two upper‑level apartments; Second‑floor unit: 4 bedrooms and 1 bathroom
More about this property
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