Ad #7787183
MLS #897611
-This property in the sought-after Flushing neighborhood of
42-19 162nd St, Flushing, New York, 11358
$2,168,000
--Beds
--Baths
--Sqft
--Acres
About this property
-This property in the sought-after Flushing neighborhood of Murray Hill offers a unique investment opportunity, combining both commercial and residential spaces. Here's a detailed overview of its features and benefits: Property Details - **Structure**: Mixed-use building with three above-ground stories plus a finished basement. - **Commercial Space**: - **Location**: First floor features a commercial storefront. - **Residential Units**: - **Second Floor**: 4-bedroom, 1-bathroom apartment. - **Third Floor**: 3-bedroom, 1-bathroom apartment. - **Basement**: Serves as a storage area and houses the boiler room. - **Garage**: Parking available for two vehicles. Financial and Operational Highlights - **Utility Management**: All utility meters are separately metered, contributing to low operating costs. - **Return on Investment**: Strong potential for high returns, especially given the fully occupied status with reliable tenants. - **Occupancy Options**: The property can be delivered either occupied or vacant, providing flexibility for investors. Location Advantages - **Convenience**: Just one block from Northern Boulevard, offering easy access to daily amenities. - **Foot Traffic**: High visibility and foot traffic, beneficial for the commercial space. - **Proximity to Amenities**: - Restaurants, supermarkets, pharmacies, banks, and a post office are all nearby. - **Transportation Access**: - Multiple bus lines (Q12, Q13, Q26, Q27, Q28, Q65, N20G, N20X) and a 5-minute walk to the Long Island Rail Road (LIRR) station at 163rd Street and Northern Boulevard. Summary This mixed-use building is an excellent investment opportunity in a prime location, offering both commercial and residential rental income potential. The combination of reliable tenants, low operational costs, and convenient access to amenities and transportation enhances its appeal.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1930
0 Acres
Driveway, Garage
Siding: Brick
Natural Gas
$9,850 / yr property tax
Queens County
Additional Photos
Contact Information
Carol J. Jia
E REALTY INTERNATIONAL CORP.
718-517-1866
Location
Listing Agent: Carol J. Jia 718-517-1866
Broker: E REALTY INTERNATIONAL CORP. 718-886-8110 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: E REALTY INTERNATIONAL CORP. 718-886-8110 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 24, 2026
Photo Gallery
$2,168,000
--
Beds
--
Baths
--
Sqft
42-19 162nd St, Flushing, New York, 11358
By contacting this agent you agree to these Terms and Conditions.
MLS# 897611
-This property in the sought-after Flushing neighborhood of
$2,168,000
42-19 162nd St, Flushing, New York, 11358
--
Beds
--
Baths
--
Sqft
--
Acres
$2,168,000
42-19 162nd St, Flushing, New York, 11358
-- Beds
-- Baths
-- Sqft
-- Acres
-This property in the sought-after Flushing neighborhood of Murray Hill offers a unique investment opportunity, combining both commercial and residential spaces. Here's a detailed overview of its features and benefits: Property Details - **Structure**: Mixed-use building with three above-ground stories plus a finished basement. - **Commercial Space**: - **Location**: First floor features a commercial storefront. - **Residential Units**: - **Second Floor**: 4-bedroom, 1-bathroom apartment. - **Third Floor**: 3-bedroom, 1-bathroom apartment. - **Basement**: Serves as a storage area and houses the boiler room. - **Garage**: Parking available for two vehicles. Financial and Operational Highlights - **Utility Management**: All utility meters are separately metered, contributing to low operating costs. - **Return on Investment**: Strong potential for high returns, especially given the fully occupied status with reliable tenants. - **Occupancy Options**: The property can be delivered either occupied or vacant, providing flexibility for investors. Location Advantages - **Convenience**: Just one block from Northern Boulevard, offering easy access to daily amenities. - **Foot Traffic**: High visibility and foot traffic, beneficial for the commercial space. - **Proximity to Amenities**: - Restaurants, supermarkets, pharmacies, banks, and a post office are all nearby. - **Transportation Access**: - Multiple bus lines (Q12, Q13, Q26, Q27, Q28, Q65, N20G, N20X) and a 5-minute walk to the Long Island Rail Road (LIRR) station at 163rd Street and Northern Boulevard. Summary This mixed-use building is an excellent investment opportunity in a prime location, offering both commercial and residential rental income potential. The combination of reliable tenants, low operational costs, and convenient access to amenities and transportation enhances its appeal.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1930
0 Acres
EXTERIOR
Driveway, Garage
Siding: Brick
INTERIOR
Natural Gas
FINANCIAL & COMMUNITY
$9,850 / yr property tax
Queens County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7787183
Viewed
26 times
Listing Status
Active
Added
Jun 16, 2026
Last Refresh
Jul 24, 2026 07:15:10 PM
Listing Information
Data Source
OneKey MLS
Source Property ID
897611
Listing Agent: Carol J. Jia 718-517-1866
Broker: E REALTY INTERNATIONAL CORP. 718-886-8110 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: E REALTY INTERNATIONAL CORP. 718-886-8110 Listing Site
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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