42-16 162nd Street, New York, NY, 11358
$2,890,000
activeBedrooms
3
Bathrooms
2
Lot Size
2,550 sqft
Year Built
2011
Type
Multi Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
RARE FLUSHING MIXED-USE ELEVATOR BUILDING – PRIME LOCATION NEAR NORTHERN BLVD Rare opportunity to own a modern mixed-use elevator building in a prime Flushing location near Northern Boulevard. Approximately 6,087 SF of building space on a 2,550 SF lot, with approximately 25’ by 69’ building dimensions. Built in 2011 and completed in 2013. The property features multiple income-producing commercial and residential spaces, providing approximately $200,000 in current annual rental income. Property Features: • Ground Floor – Spa business – $3,827/month • 1st Floor – Golf School/Club – $5,851/month • 2nd Floor – Medical Office/Doctor’s Clinic – $3,782/month • 3rd Floor – Spacious 3-Bedroom, 2-Bathroom Residence with a large private balcony – $3,300/month • Elevator building • Approx. 6,087 SF building • Approx. 2,550 SF lot • Approx. 25’ by 69’ building dimensions • Built 2011 / Completed 2013 • Strong mix of commercial and residential tenants • Excellent investment and owner-user opportunity Four separate income streams in one property, with approximately $200,000 in gross annual rental income. Prime Flushing location with convenient access to Northern Boulevard, shopping, restaurants and transportation. A rare opportunity to acquire a modern, elevator-equipped mixed-use property with strong existing cash flow in Flushing.
Listed by RuoRuo Yang, 1 Home Realty
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Aug 11, 2026, 3:12 PM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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