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Mixed-Use Building with Storefront

45-38 162nd Street, Flushing, NY 11358

For Sale
$2,000,000

A vacant brick property combines ground-floor commercial space with an upper-level apartment and full basement.

Property Size2,600 SF
Price / SF$769.23
Days on Market30

Property Features for 45-38 162nd Street

General Information

Standard status Active
Size 2,600 SF
Property subtype Mixed Use

Additional Details

Mixed-Use Components retail, residential

Amenities

private rear yard
full open basement

Building Details

Year Built 1920
Buildings 1
Stories 2
Construction brick
Listing Agency: Keller Williams Rlty Landmark
Listed By: Ross A. Keit CBR SRES SFR GREEN CR · License NY #10491213913
Source: Neilcharlesrealestate
Added: Oct 12 Changed: Nov 9 Last Checked: Nov 10 at 9:54AM

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 Keller Williams Rlty Landmark

Rey
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Investment Insights

Based on property information with market context.

Built in 1920, this brick mixed-use building has a retail storefront and approximately three to four additional rooms on the first floor. The second floor contains a six-room apartment, and a full, open basement adds further interior space. The property is vacant and sits on an approximately 40-by-100-foot lot.

The building is at 45-38 162nd Street in Queens, near shopping, restaurants, public transportation, and the LIRR.

Key Highlights

  • Vacant brick mixed‑use property with commercial and residential space
  • First floor includes a storefront and approximately 3–4 additional rooms
  • Second‑floor apartment has 6 rooms

Property Analytics

Current Use

Storefront properties

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.

Location Intelligence

Trade Area within ½ mile

401
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

Average Price Trend$/SF for Mixed-use properties in Flushing, NY

$528 Jul
$607 Aug
$456 Sep
$619 Oct

Properties on Market for Mixed-use properties in Flushing

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - A vacant brick property combines ground-floor commercial space with an upper-level apartment and full basement.
Where is this mixed-use property located?
The property is located at 45-38 162nd Street Flushing, NY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Vacant brick mixed‑use property with commercial and residential space; First floor includes a storefront and approximately 3–4 additional rooms; Second‑floor apartment has 6 rooms
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