East Flushing Corner Property For
47-49 162nd Street, Flushing, NY 11358
Corner property in East Flushing with stable income and recent renovations.
Type:Mixed Use
Property size:
3,100 SFPrice / SF:
$641/SF- Added:
- May 18, 2026
- Days on Market:
- 14
- Last Refresh:
- May 27 at 8:14 am
Property Features for 47-49 162nd Street
General Information
- Standard status
- Active
- Size
- 3,100 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1931
Listing agent Lin Pan License #10491205311
Listing office Lin Pan Realty
Listing date May 18, 2026
Source Crexi
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 Lin Pan Realty
HighLights
- Prime location directly across from Kissena Park in the desirable East Flushing neighborhood.
- Stable and reliable cash flow from a well‑established daycare center with 35 enrolled students and a waiting list, generating approximately $6,000 monthly income.
- Significant recent renovations, including new boilers, upgraded gas meters, and renovated kitchens and bathrooms.
- Exceptionally low annual property taxes of approximately $16,000 due to partial tax abatement.
- Benefit from on‑site parking.
- Suitable for investors, educational users, religious organizations, or owner‑occupants.
Overview
Located on a prominent corner directly across from Kissena Park in East Flushing, the property at 47-49 162nd Street is situated in a safe and highly desirable neighborhood. The property offers stable cash flow from a daycare center that has operated for over 10 years with 35 enrolled students. The daycare generates approximately $6,000 in monthly income. The entire building has undergone significant recent renovations, including new boilers, upgraded gas meters, and renovated kitchens and bathrooms. The property benefits from partial tax abatement due to its non-profit use, resulting in annual property taxes of approximately $16,000. The property is suitable for investors, educational users, religious organizations, or owner-occupants seeking stable income and long-term value. On-site parking and neighborhood accessibility are additional benefits. The property size is 3100 square feet.
Location Intelligence
Current Use by Public Records
Day care centers
Similar Places Nearby
- Future Star Garden Daycare — 57-36 161st St, Queens, NY 11365
- PRESCHOOL 'R' US II, INC. — 59-25 Kissena Blvd, Flushing, NY 11355
- Marisol’s little angels daycare — 154-10 Booth Memorial Ave, Flushing, NY 11355
- Little Lollipop Daycare — 140-15 Holly Ave, Queens, NY 11355
- Little All Stars Day Care — 143-40 Quince Ave, Queens, NY 11355
Location Insight
- Map
- Local Demand
- City
- Flushing
- County
- Queens
- State
- New York
- Longitude
- -73.799365
- Latitude
- 40.793587
Nearby Similar for Sale
FAQs
What type of property is this?
Day care center - Corner property in East Flushing with stable income and recent renovations.
Where is this day care center located?
The property is located at 47-49 162nd Street Flushing, NY.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: Prime location directly across from Kissena Park in the desirable East Flushing neighborhood.; Stable and reliable cash flow from a well‑established daycare center with 35 enrolled students and a waiting list, generating approximately $6,000 monthly income.; Significant recent renovations, including new boilers, upgraded gas meters, and renovated kitchens and bathrooms.
