RARE FLUSHING MIXED-USE ELEVATOR BUILDING - PRIME LOCATION NEAR NORTHERN BLVD Rare opportunity to own a modern mixed-use elevator building in a prime Flushing location near Northern Boulevard. Approximately 6,087 SF of building space on a 2,550 SF lot, with approximately 25' by 69' building dimensions. Built in 2011 and completed in 2013. The property features multiple income-producing commercial and residential spaces, providing approximately $200,000 in current annual rental income. Property Features: o Ground Floor - Spa business - $3,827/month o 1st Floor - Golf School/Club - $5,851/month o 2nd Floor - Medical Office/Doctor's Clinic - $3,782/month o 3rd Floor - Spacious 3-Bedroom, 2-Bathroom Residence with a large private balcony - $3,300/month o Elevator building o Approx. 6,087 SF building o Approx. 2,550 SF lot o Approx. 25' by 69' building dimensions o Built 2011 / Completed 2013 o Strong mix of commercial and residential tenants o Excellent investment and owner-user opportunity Four separate income streams in one property, with approximately $200,000 in gross annual rental income. Prime Flushing location with convenient access to Northern Boulevard, shopping, restaurants and transportation. A rare opportunity to acquire a modern, elevator-equipped mixed-use property with strong existing cash flow in Flushing.

Property Details of 42-16 162nd Street

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Listed by 1 Home Realty / RuoRuo Yang (718-888-0188)

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 24, 2026 12:25 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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