43-07 162nd Street, Flushing, NY 11358 - Photo 1

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$2,488,000

For Sale
Active
Multi-Family
8 Total Beds
Updated 8 days ago

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Property Description

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.

Full Property Details

Full Property Details for 43-07 162nd St

General

Price: $2,488,000
Taxes: $64,860
Status: Active
Type: Multi-Family
Source: Long_Island
MLS ID: 1045070
Updated: 10/16/2026
Added to Site: 54 day(s) ago

Interior

Interior Features: First Floor Bedroom, First Floor Full Bath, Elevator, Entrance Foyer, Granite Counters, Master Downstairs, Recessed Lighting, Storage
Flooring: Carpet, Combination, Tile, Wood

Rooms

Bathrooms

Total Bathrooms: 6
Full Bathrooms: 6

Bedrooms

Total Bedrooms: 8

Exterior

Exterior Features: Balcony

Parking

Total Spaces: 3
Parking Features: Driveway, Private

Location

County: Queens
Cross Streets: 43rd Ave

School Information

High School District: Queens 26
Elementary School: Ps 107 Thomas A Dooley
Middle School: Is 25 Adrien Block
High School: Francis Lewis High School

Heating & Cooling

Central air: Yes
Cooling Type: Central Air
Heating Type: Hot Air, Hot Water, Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Connected, Natural Gas Connected

Structural Information

Architectural Style: Colonial
Detached/Attached: Attached
Construction: Brick
Basement: Yes
Basement Desc.: Finished, Full Basement, See Remarks, Storage Space, Walk-Out Access
Building Size: 6720
Square Feet: 6,720
Year Built: 2005

Lot Features

Lot Size (Acres): 0.0689
Lot Size (Sq. Ft.): 3,000
Lot Dimensions: 30 x 100
Frontage: Municipal
Road Maintenance: Public Maintained Road
Lot Features: Near Public Transit, Near Shops

Financial Considerations

Taxes Include: Sewer, Trash
Tax Amount: $64,860

Disclosures and Reports

Special Conditions: None
Property ID: 05420-0029
Block: 26-04-20
Lot Number: 29

Listed by RE/MAX 1st Choice

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Schools

Schools serving 43-07 162nd St

School District:New York City Geographic School District 25

Name	Grades	Distance
Ps 107 Thomas A Dooley 167-02 45th Ave, Queens, NY 11358	PK-5	0.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 43-07 162nd St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/16/2026

Price Reduced

$2,488,000

-2.43%

MLS

9/01/2026

Listed

$2,550,000

67.76%

MLS

1/20/2012

Sold

$1,520,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 43-07 162nd St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$65,251

—

$527,280

1%

2025

$65,251

2%

$522,007

-7%

2024

$63,877

8%

$562,050

19%

2023

$59,146

10%

$473,091

-14%

2022

$53,735

8%

$550,800

-5%

2021

$49,755

-1%

$580,950

-9%

2020

$50,085

2%

$637,200

10%

2019

$49,023

14%

$578,700

59%

2017

$42,858

—

$363,916

8%

2017

$42,858

7%

$336,960

8%

2016

$40,223

1%

$312,000

1%

2015

$39,793

8%

$308,880

2%

2014

$36,798

6%

$302,330

8%

2013

$34,818

—

$279,936

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 43-07 162nd St

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Listed by P R O Links Realty Inc

43-07 162nd Street, Flushing, NY 11358 (MLS# 1045070) is a Multi-Family property with 4 units containing 8 bedrooms and 6 full bathrooms. 43-07 162nd Street is currently listed for $2,488,000 and was received on September 01, 2026. Want to learn more about 43-07 162nd Street? Do you have questions about finding other Multi-Family real estate for sale in Flushing? You can browse all Flushing real estate or contact a Coldwell Banker agent to request more information.

43-07 162nd St Flushing, NY 11358