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Mixed-Use Building with Storefront
New
For Sale
$2,000,000

45-38 162nd Street, Flushing, NY 11358

Commercial Sale, Flushing, NY

Property SizeContact for details
Lot Size0.09 Acres
Days on Market3

Property Features for 45-38 162nd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R5B
Rooms Basement
Parking 3
Parking features Driveway
Basement Unfinished
Lot features Back Yard
Elementary school Ps 107 Thomas A Dooley
Middle school Is 237
High school Flushing High School
Elementary school district Queens 25
Middle school district Queens 25
High school district Queens 25
Directions WAZE
Standard status Active
APN 05440-0059
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 11144

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

private rear yard
full open basement

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Flooring type Hardwood
Building materials Brick
Listing Agency: Keller Williams Rlty Landmark · Keller Williams Realty
Listed By: Ross A. Keit CBR SRES SFR GREEN CR · License #10301204858
Added: Oct 12 Last Checked: Oct 14 at 5:06PM
MLS# 1058945

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 has a commercial storefront on the first floor, with approximately 3–4 additional rooms. The second floor contains a six-room apartment; the source describes it as having 2/3 bedrooms, so the bedroom count is not stated here. A full open basement and private rear yard add to the property’s configuration. The building dates to 1920 and sits on a 0.0918-acre lot measuring approximately 40' x 100'.

The property is in Flushing, near shopping, restaurants, transportation, and the LIRR. It is zoned R5B. Public water and public sewer serve the property, and a driveway is listed among its parking features.

Key Highlights

  • Commercial storefront with approximately 3–4 additional rooms
  • Six‑room second‑floor apartment
  • Full open basement and private rear yard

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Hotel & Motel (Bike/Boat/Book/etc) Store Gym & Fitness Center

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
Residential units
Multi-tenant
Tenancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The vacant property combines ground-floor commercial space, an upper-level residence, and a full open 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: Commercial storefront with approximately 3–4 additional rooms; Six‑room second‑floor apartment; Full open basement and private rear yard
More about this property
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