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

45-38 162nd Street, Flushing, NY 11358

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

Property Size2,600 SF
Lot Size0.09 Acres
Days on Market3

Property Features for 45-38 162nd Street

General Information

Standard status Active
Size 2,600 SF
Lot size 0.09 Acres
Property subtype Mixed Use

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $11,144

Building Details

Building Size 2,600 SF
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 #10301204858
Source: Barbieliteam
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 13 at 2:40AM

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

Investment Insights

Based on property information with market context.

Built in 1920, this brick mixed-use property has a commercial storefront on the first floor, an apartment above, a full open basement, and a private rear yard. The commercial level includes three to four additional rooms. Upstairs, the six-room apartment has two to three bedrooms. The property is vacant and sits on an approximately 40' x 100' lot.

The building is in Flushing, near shopping, restaurants, public transportation, and the LIRR. Its separate commercial and residential areas, together with the basement and rear yard, provide a range of existing spaces within one property.

Key Highlights

  • Vacant brick mixed‑use building constructed in 1920
  • Approximately 40' x 100' lot with a private rear yard
  • First‑floor storefront with 3‑4 additional rooms

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

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
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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
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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 a 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 building constructed in 1920; Approximately 40' x 100' lot with a private rear yard; First‑floor storefront with 3‑4 additional rooms
More about this property
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