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Triplex-Style Mixed-Use Property with Storefront
For Sale
$1,480,000
Pending

43-27 162nd Street, Flushing, NY 11358

MULTI_FAMILY - Flushing, NY

Property SizeContact for details
Lot Size0.04 Acres
Days on Market210

Property Features for 43-27 162nd Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
Parking features On Street
Interior features First Floor Bedroom, First Floor Full Bath
Elementary school Ps 107 Thomas A Dooley
Middle school Is 25 Adrien Block
High school Flushing Intrnl High School
Elementary school district Queens 25
Middle school district Queens 25
High school district Queens 25
Standard status Pending
APN 05420-0021
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7590

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Baseboard
Water source Public

Building Details

Year built 1925
Number of units 3
Building materials Brick
Listing Agency: New Group Realty Inc
Listed By: WeiFang Huang
Added: Jan 15 Changed: Aug 1 Last Checked: Aug 13 at 9:06AM
MLS# 952183

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.

Brick mixed-use triplex-style property on a 0.0419-acre lot built in 1925. The first floor includes a street-level retail storefront and a well-maintained one-bedroom residential unit in the rear. The second floor features a spacious three-bedroom, one-bath apartment.

Heating is baseboard heat, and parking is available on-street. Interior features include a first-floor bedroom and first-floor full bath. Utilities include public water and public sewer, with cable available.

The property is located in the heart of Flushing, close to shops and restaurants, and near the LIRR Broadway Station for convenient commuting.

Key Highlights

  • 0.0419‑acre mixed‑use property built in 1925
  • Street‑level retail storefront on the first floor plus a rear 1‑bedroom unit
  • Second floor has a three‑bedroom, one‑bath apartment

Property Analytics

Current Use

Triplexes

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

Single-tenant
Tenancy

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?
Triplex - Brick mixed-use property with a street-level retail storefront plus residential units on the first and second floors.
Where is this triplex located?
The property is located at 43-27 162nd Street Flushing, NY.
What is the asking price?
The asking price for this property is $1,480,000.
What are key features of this property?
This property features: 0.0419‑acre mixed‑use property built in 1925; Street‑level retail storefront on the first floor plus a rear 1‑bedroom unit; Second floor has a three‑bedroom, one‑bath apartment
More about this property
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