For Sale Multi-Family MLS# 1045070

43-07 162nd Street

Flushing, NY 11358

$2,550,000

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About 43-07 162nd Street

This 21yrs young brick mixed-use building commands the 162nd Street corridor in the Murray Hill section of Flushing, combining in-place commercial income with four residential apartments across a smart, flexible layout. The 1,680 square foot ground floor was leased to a music school and offers street-level entrance plus elevator access, positioning the space for future use as a doctor's office, physical therapy or acupuncture practice, day care, or yoga and music studio under the property's R5B zoning with C2-2 commercial overlay. The second and third floors hold four separate apartments ranging from one to three bedrooms each, supported by granite counters, hardwood and tile flooring, and a formal entrance foyer. A matching finished basement offers the same street-level and elevator access for storage or commercial use. Central air, gas heat, and four separate electric meters keep operations efficient, while three off-street parking spaces solve for a corridor where curbside parking is scarce. Walk to the Broadway LIRR station, Northern Boulevard bus lines, and the shops lining 162nd Street. A high-potential investment opportunity in an established commercial and residential corridor.

Property details

Property

Type
multi
Year built
2005
Living area
6,720 sqft
Price / sqft
$379
Lot
0.0689 ac
List date
Sep 1, 2026

Schools

District
New York City Department Of Education

Location

Subdivision
Flushing
Neighborhood
Flushing

Location

Neighborhood
Flushing
School district
New York City Department Of Education

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Listed by RE/MAX 1st Choice

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.