43-07 162nd St - Storefront Retail/Residential FOR SALE


Flushing, NY 11358- East Flushing
$2,780,000 USD
917-681-7009
43-07 162nd St, Flushing, NY for Sale
$2,780,000 USD
Storefront Retail/Residential - FOR SALE
1/18
null | 8.11% Cap Rate

Aug '25


43-07 162nd St
Flushing, NY 11358
East Flushing


HIGHLIGHTS

  • Koreatown
  • large building size
  • High cap rate

OVERVIEW

Mixed use residential and commercial building in heart of Koreatown of Flushing. Huge building size of (30x56) with 3 parking spaces and large basement (1680 sq ft) with street level entrance and elevator access for storage and commercial usage . Currently ground floor (1680 sq ft) leased to Music school. 2nd and 3rd floor has 4 separate apartment varying from 1-3 bedrooms each. Zone R5B, C2-2. Potential for doctor's office, church, physical therapy, acupuncture, day care yoga and pilates etc. Walk to LIRR Broadway station and shops and bus stops along Northern Blvd. High return investment.

FOR SALE DETAILS

PRICE

$2,780,000 USD

PRICE/SF

$479 USD /SF

CAP RATE

8.11%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Health Club, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,006 SF

ZONING

R5B, Queens, (S9) C2-2

APN/PARCEL ID

05420-0029

ASK ABOUT THIS PROPERTY

Patty ChenAAA Young Shuen Realty Inc.More Info
917-681-7009

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Patty ChenAAA Young Shuen Realty Inc.More Info
917-681-7009

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.