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    167-16 43Rd Ave Flushing, NY 11358

    Sponsored
    For Sale
    $1,948,880

    6,000 SF Mixed-Use Property in Flushing

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,000 square foot mixed-use property, located at 167-16 43rd Avenue in Flushing, New York, presents a compelling investment opportunity. The property is a beautifully renovated two-family home situated on a tree-lined street. Recent upgrades include brand-new HVAC systems, elegant chandeliers, and energy-efficient windows throughout. Each unit enjoys personalized comfort with split-unit heating and cooling, and its own hot water tank. The first-floor apartment features a French door entry, a living room with a wood-burning fireplace, a kitchen with stainless steel appliances (including a Frigidaire 5-burner gas range), three spacious bedrooms, and a full bathroom with a stand-up shower. The second-floor duplex boasts two sun-drenched bedrooms, a full bathroom, an eat-in kitchen with premium appliances, and a private washer/dryer hookup. Two additional large bedrooms and a powder room are located on the third floor. A fully finished basement with multiple windows and a secure utility room provides ample additional space. Parking is generously accommodated by a two-car garage and a long driveway, offering space for 4 to 6 vehicles. This property is ideally suited for multi-family living or as a lucrative investment, offering significant potential for rental income. The asking price is $1,948,880. Don't miss this remarkable opportunity.

    Property Features for 167-16 43Rd Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    6,000 SF

    HighLights

    • 6,000 SF mixed‑use property at 167‑16 43rd Avenue, Flushing, NY.
    • Beautifully renovated two‑family home on a tree‑lined street.
    • Recent upgrades include new HVAC, energy‑efficient windows, and elegant chandeliers.
    • Each unit has split‑unit heating/cooling and its own hot water heater.
    • First‑floor unit features a French door entry, wood‑burning fireplace, stainless steel appliances, 3 bedrooms, and 1 full bath.
    • Second‑floor duplex has 2 bedrooms, 1 full bath, eat‑in kitchen, and private washer/dryer hookup; plus 2 additional bedrooms and a powder room on the third floor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flushing
    County
    36081
    State
    New York
    Longitude
    -73.7988819
    Latitude
    40.758146

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    FAQs

    What type of property is this?
    Mixed-use property - 6,000 SF Mixed-Use Property in Flushing
    Where is this mixed-use property located?
    The property is located at 167-16 43Rd Ave Flushing, NY.
    What is the asking price?
    The asking price for this property is $1,948,880.
    What are key features of this property?
    This property features: 6,000 SF mixed-use property at 167-16 43rd Avenue, Flushing, NY.; Beautifully renovated two-family home on a tree-lined street.; Recent upgrades include new HVAC, energy-efficient windows, and elegant chandeliers.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    167-16 43Rd Ave Flushing, NY 11358
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