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4516 162nd St
Flushing, NY 11358
Retail Property For Sale
Investment Highlights
- Heavy Traffic, lots of Natural Light
- Near the Northern Blvd and LIRR, close to Q12, Q13, Q26, Q27, and Q28 bus lines
- Large street facing Windows
Executive Summary
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 Layout • 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!
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,615 SF
Building Class
B
Year Built
1931
Price
$6,506,464 CAD
Price Per SF
$612.95 CAD
Percent Leased
61%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.62
Lot Size
0.15 AC
Zoning
C2-2 - C2 districts are commercial districts that are predominantly residential in character.
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 05440-0048 | Improvements Assessment | $1,180,092 CAD |
| Land Assessment | $223,667 CAD | Total Assessment | $1,403,758 CAD |
Property Taxes
Parcel Number
05440-0048
Land Assessment
$223,667 CAD
Improvements Assessment
$1,180,092 CAD
Total Assessment
$1,403,758 CAD
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