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$5,850,000
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Property Description
Rare opportunity Prime Retail Space in the Heart of Flushing, Lot size 6000sf, Building size 12000sf, with 800 SF basement on 162nd Street, Fully Commercial Building (Renovated in 2006). Brick building with large street-facing windows offering high visibility, Fantastic foot traffic and exposure near Northern Blvd, Convenient access to public transportation - close to Q12, Q13, Q26, Q27, and Q28 bus lines This fully commercial building offers an excellent opportunity for both investors and owner-users. Location & Transportation "¢ Approx. 4 blocks to Northern Blvd "¢ Approx. 5 blocks to LIRR station "¢ Convenient transportation with high foot traffic area Building Features "¢ Fully renovated in 2006 "¢ High ceilings with great open space "¢ Clean and bright basement with large windows "¢ Lot Size: approx. 6,000 SF "¢ Building Size: approx. 12,000 SF "¢ 1st Floor: 2 retail stores "¢ 2nd Floor: 4 office units Ideal for investment or owner use with strong income potential and future appreciation. Don't miss this opportunity!
Full Property Details
Full Property Details for 45-16 162nd St
General
- Price: $5,850,000
- Taxes: $103,216
- Status: Active
- Type: Retail
- Source: Long_Island
- MLS ID: 977252
- Updated: 5/19/2026
- Added to Site: 173 day(s) ago
Business
- Business Type: Commercial, Retail
Location
- County: Queens
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: See Remarks
- Building Size: 13150
- Square Feet: 13,150
- Year Built: 1931
Financial Considerations
- Tax Amount: $103,216.56
Disclosures and Reports
- Special Conditions: None
- Property ID: 05440-0048
- Block: 5440
- Lot Number: 48
Listed by E Realty International Corp
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Schools
Schools serving 45-16 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 |
Is 237 46-21 Colden St, Queens, NY 11355 | 6-8 | 1 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 45-16 162nd St
Date
Details
Price
Change
Source
3/27/2026
Listed
$5,850,000
56%
MLS
8/10/2023
Sold
$3,750,000
—
Public Record
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 45-16 162nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$102,398
1%
$1,016,730
7%
2024
$100,952
—
$951,480
-6%
2024
$100,952
1%
$1,010,700
7%
2023
$100,190
1%
$945,900
-2%
2022
$98,717
23%
$968,400
29%
2021
$80,077
-16%
$748,800
-26%
2020
$95,374
6%
$1,018,350
4%
2019
$89,864
8%
$974,700
5%
2017
$83,340
—
$926,100
10%
2017
$83,340
3%
$843,750
11%
2016
$80,653
—
$762,750
1%
2015
$80,655
5%
$756,900
-8%
2014
$77,069
—
$819,900
-18%
2014
$77,069
—
$1,002,150
—
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 45-16 162nd St
45-16 162nd Street, Flushing, NY 11358 (MLS# 977252) is a Retail property. 45-16 162nd Street is currently listed for $5,850,000 and was received on March 27, 2026. Want to learn more about 45-16 162nd Street? Do you have questions about finding other Retail real estate for sale in Flushing? You can browse all Flushing real estate or contact a Coldwell Banker agent to request more information.

