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Renovated Office Units
For Lease
$1,200/Mo

42-23 162nd Street, Flushing, NY 11358

Lower-level offices include courtyard access and utilities.

Space SizeContact for details
Property Size5,270 SF
Days on Market157

Property Features for 42-23 162nd Street

General Information

Standard status Active
Size 5,270 SF
Property subtype Business

Space & Availability

Floor Lower Level
Space Use Office
Private Offices 2

Site & Location

Public Transit Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $38,909

Amenities

courtyard/patio access

Building Details

Building Size 5,270 SF
Year Built 2008
Listing Agency: Prime Realty
Listed By: Shirley Y. Chen
Source: Barbieliteam
Added: Mar 17 Changed: Aug 18 Last Checked: Aug 20 at 12:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prime Realty

Investment Insights

Based on property information with market context.

This lower-level office property contains 4 individual rooms, with 2 currently available. The interior was newly renovated and provides access to a courtyard or patio. Electricity, water, and gas are included, supporting straightforward occupancy for professional office users such as law firms, accounting practices, real estate professionals, and similar businesses. The property was built in 2008.

Located near Northern Boulevard and 162nd Street in Flushing, the office space is within walking distance of the LIRR. Its room-by-room configuration provides options for businesses seeking individual office space within a renovated professional setting.

Key Highlights

  • 4 individual office rooms; 2 currently available
  • Newly renovated lower‑level office interior
  • Courtyard or patio access

Property Analytics

Current Use

Rose Spa Massage ... Alternative Medicine Practice Jangsu Pharmacy Pharmacy Beautiforever Aesthetic Laser ... Spa & Massage Center

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

735
Businesses Nearby

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

Lease Benchmarks for Flushing, NY

$56.52 /SF/Yr
Avg Asking Price
$7.61–$327 /SF/Yr
Price Range
2,532 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Lower-level offices include courtyard access and utilities.
Where is this office units located?
The property is located at 42-23 162nd Street Flushing, NY.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: 4 individual office rooms; 2 currently available; Newly renovated lower‑level office interior; Courtyard or patio access
More about this property
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