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42-16 162nd St, Flushing, NY 11358

$2,890,000
  • 3

    bed

  • 2

    bath

  • 6,087

    Sqft ($475/Sqft)

Multi-family for sale 84 days

About 42-16 162nd St

Property type Multi-family
Year built 2011
HOA fee $0/month
Lot size 2,550 Sqft
Property description
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
Listing Agent - RuoRuo Yang
Listing Office - 1 Home Realty
Source: OneKey MLS mls logo
MLS#1037141 • last updated 2 months ago
Movoto checked OneKey MLS for data 9 minutes ago
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Overview
Cooling/AC Central Air, Ductless
Heating Baseboard
Levels/Style Modern
MLS # 1037141
SubType Triplex
Status Active
Type Residential Income
Lot Size (SqFt) 2550
Property Tax 48333
Tax Assessed Value 445550
Year Built 2011
Interior
Total # of Bathrooms 2
# of Full Baths 2
Total # of Bedrooms 3
Basement Finished
Interior Features Elevator, Granite Counters, Open Kitchen
Exterior
Construction Aluminum Siding
Parking Driveway
# Parking Spaces 1
Amenities / Utilities
Utilities Electricity Connected, Natural Gas Connected
Water Source Public
Location
County Queens
Elementary School Ps 22 Thomas Jefferson
Middle School Jhs 189 Daniel Carter Beard
Elementary School District Queens 25
Middle School District Queens 25
High School District Queens 25
High School Flushing High School
APN 05392-0124
Directions Www.google.com/maps
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  • Real Estate
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  • Queens County
  • Flushing
  • 11358
  • 42-16 162nd St

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