42-16 162nd ST Flushing, NY 11358
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1037141
Style Modern
Bedrooms 3
Full Baths 2
Rental Info No
Year Built 2011
Annual Tax Amount $48,333
Property Sub-Type Triplex
Source onekey2
Property Description
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' × 69' building dimensions. Built in 2011 and completed in 2013.
The property features multiple income-producing commercial and residential spaces, providing approximately $199,920 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' × 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 $199,920 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.
Location
State NY
County Queens
Rooms
Basement Finished
Interior
Interior Features Elevator, Granite Counters, Open Kitchen
Heating Baseboard
Cooling Central Air, Ductless
Fireplace No
Exterior
Parking Features Driveway
Utilities Available Electricity Connected, Natural Gas Connected
Total Parking Spaces 1
Garage false
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding
Schools
Elementary Schools Ps 22 Thomas Jefferson
Middle Schools Jhs 189 Daniel Carter Beard
High Schools Queens 25
School District Queens 25
Others
Senior Community No
Special Listing Condition None
Nearby Locations