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Brick Mixed-Use Building
New
For Sale
$2,550,000

43-07 162nd Street, Flushing, NY 11358

Residential Income, Flushing, NY

Property SizeContact for details
Lot Size0.07 Acres
Days on Market2

Property Features for 43-07 162nd Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 5, Bedroom 8, Bedroom 6, Bathroom 1, Bathroom 6, Bedroom 3, Basement, Bedroom 7, Bathroom 2, Bathroom 4, Bedroom 2
Parking 3
Parking features Driveway
Interior features First Floor Bedroom, First Floor Full Bath, Elevator, Entrance Foyer, Granite Counters, Master Downstairs, Recessed Lighting, Storage
Exterior features Balcony
Basement Full, Finished, Storage Space, Walk-Out Access
Accessibility Accessible Elevator Installed
Lot features Near Public Transit, Near Shops
Elementary school Ps 107 Thomas A Dooley
Middle school Is 25 Adrien Block
High school Francis Lewis High School
Elementary school district Queens 25
Middle school district Queens 25
High school district Queens 26
Standard status Active
APN 05420-0029
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 64860

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 2005
Number of units 4
Flooring type Combination, Tile, Wood, Carpet
Building materials Brick
Architectural style Colonial
Additional Structures Storage
Listing Agency: RE/MAX 1st Choice · RE/MAX International
Listed By: Po Wei Tair · License #7.51E+13
Added: Sep 1 Last Checked: Sep 2 at 6:06AM
MLS# 1045070

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.

Built in 2005, this brick mixed-use property combines a 1,680-square-foot ground-floor commercial space with four apartments on the second and third floors. The residential units range from one to three bedrooms and feature granite counters, hardwood and tile flooring, balconies, and a formal entrance foyer. A finished basement adds space with street-level and elevator access. The building includes an accessible elevator, central air, natural-gas heating, public water and sewer, and four separate electric meters.

The property occupies a 0.0689-acre lot at 43-07 162nd Street in Flushing, within the Murray Hill section. Three off-street parking spaces are provided. R5B zoning with a C2-2 commercial overlay supports the existing mixed-use configuration, while proximity to the Broadway LIRR station, Northern Boulevard bus lines, and 162nd Street shops places the building near established transportation and retail services.

Key Highlights

  • 1,680‑square‑foot ground‑floor commercial space with street‑level entrance and elevator access
  • Four apartments with layouts ranging from one to three bedrooms
  • R5B zoning with C2‑2 commercial overlay

Property Analytics

Current Use

Quadplexes

Suggested Use

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

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

1
Office units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,784
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

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four apartments occupy the upper floors above a street-level commercial space and finished basement.
Where is this mixed-use property located?
The property is located at 43-07 162nd Street Flushing, NY.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 1,680‑square‑foot ground‑floor commercial space with street‑level entrance and elevator access; Four apartments with layouts ranging from one to three bedrooms; R5B zoning with C2‑2 commercial overlay
More about this property
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