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Property Description
PRIME MIXED-USE OPPORTUNITY - A rare opportunity to own a fully vacant mixed-use property offering exceptional flexibility for an owner-user, investor, or business professional.This well-maintained brick building features a commercial first floor, spacious residential apartment, full open basement, and a private rear yard-all on an approximately 40' x 100' lot. Located in a highly convenient, bustling commercial Queens location near shopping, restaurants, transportation, and the LIRR, providing excellent accessibility for both residential living and commercial use. Check architect for expansion opportunities!!! FIRST FLOOR - COMMERCIAL - The main level features a retail storefront with approximately 3-4 additional rooms, providing versatile space for a store, professional office, showroom, storage, or other permitted commercial use. SECOND FLOOR - SPACIOUS RESIDENCE - A generous 6-room apartment with 2/3 bedrooms, offering comfortable living space and excellent potential for an owner-user or rental income. FULL OPEN BASEMENT - A valuable full open basement provides substantial additional space ideal for storage and business use, subject to applicable zoning and regulations.
Full Property Details
Full Property Details for 45-38 162nd St
General
- Price: $2,000,000
- Taxes: $11,144
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1058945
- Updated: 10/12/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Other
Rental Information
- Complex Features: Bathrooms
Interior
- Appliances: None
- Flooring: Hardwood
Parking
- Total Spaces: 3
- Parking Features: Driveway
Location
- County: Queens
- Cross Streets: 45th Ave
- Driving Directions: WAZE
School Information
- High School District: Queens 25
- Elementary School: Ps 107 Thomas A Dooley
- Middle School: Is 237
- High School: Flushing High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Stories/Levels: 2
- Stories in Building: 2
- Building Size: 2600
- Square Feet: 2,600
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.0918
- Lot Size (Sq. Ft.): 4,000
- Lot Features: Back Yard
- Zoning: R5B
Financial Considerations
- Tax Amount: $11,144
Disclosures and Reports
- Special Conditions: None
- Property ID: 05440-0059
- Block: 5440
- Lot Number: 59
Listed by Keller Williams Rlty Landmark
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Schools
Schools serving 45-38 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 45-38 162nd St
Date
Details
Price
Change
Source
10/12/2026
Listed
$2,000,000
—
MLS
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 45-38 162nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,642
—
$56,162
6%
2025
$10,642
6%
$52,985
-36%
2024
$10,040
6%
$82,740
75%
2023
$9,484
-1%
$47,219
-27%
2022
$9,590
-3%
$64,380
7%
2021
$9,849
5%
$60,240
-17%
2020
$9,346
6%
$72,600
-5%
2019
$8,817
10%
$76,440
94%
2017
$8,021
3%
$39,349
1%
2016
$7,797
8%
$39,002
6%
2015
$7,195
14%
$36,795
6%
2014
$6,293
5%
$34,713
6%
2013
$5,970
—
$32,791
—
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 45-38 162nd St
45-38 162nd Street, Flushing, NY 11358 (MLS# 1058945) is a Commercial property. 45-38 162nd Street is currently listed for $2,000,000 and was received on October 12, 2026. Want to learn more about 45-38 162nd Street? Do you have questions about finding other Commercial real estate for sale in Flushing? You can browse all Flushing real estate or contact a Coldwell Banker agent to request more information.

