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Flushing Mix-Use Building For Sale 45-64 162nd St 2,468 SF 100% Leased Retail Building Flushing, NY 11358 $2,373,064 CAD ($961.53 CAD/SF) 3.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • The commercial and residential mixed-use property located in vibrant Flushing area with 2 designated parking spots.
  • 2nd & 3rd Floor units occupied with tenants (2 bedroom & 2 bathroom units)
  • The first floor is dedicated to a fully finished acupuncture office, ideal for a range of commercial endeavors, with a spacious basement space

EXECUTIVE SUMMARY

This commercial and residential mixed-use property offers the perfect blend of business and living space in the heart of the vibrant Flushing neighborhood. The first floor is dedicated to a fully finished acupuncture office, ideal for a range of commercial endeavors, with a spacious basement that provides additional storage or workspace. This level is designed for optimal visibility, making it a prime location for any business looking to attract foot traffic. The location benefits from high visibility in a bustling shopping and office district, with a range of services and amenities in the immediate area. The upper two floors provide comfortable, modern residential living. The second floor features two spacious bedrooms with two full bathrooms, A rear balcony provides a serene outdoor space for relaxation. The third floor mirrors this layout with another two bedrooms, two full bathrooms, and a rear balcony. With its close proximity to Kissena Park, as well as easy access to public transportation, Perfectly suited for those seeking a versatile space in a thriving community.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,468 SF
Building Class
C
Year Built
2004
Price
$2,373,064 CAD
Price Per SF
$961.53 CAD
Cap Rate
3.50%
NOI
$83,057 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.13
Lot Size
0.05 AC
Zoning
R5B - R5 Zoning in NYC is a low density contextual residential zoning district
Frontage
20’ on 162Nd St
Walk Score®
Very Walkable (88)
Transit Score®
Excellent Transit (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Flushing Bank
Chase Bank
Bank of Hope
H Mart
Ridgewood Savings Bank
Bonchon
Red Robin
IHOP
Flagstar
Td Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05440-0072
Land Assessment
$33,636 CAD
Improvements Assessment
$79,185 CAD
Total Assessment
$112,821 CAD
  • Listing ID: 36305828

  • Date on Market: 2025-06-18

  • Last Updated:

  • Address: 45-64 162nd St, Flushing, NY 11358

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