This 21yrs young brick mixed-use building commands the 162nd Street corridor in the Murray Hill section of Flushing, combining in-place commercial income with four residential apartments across a smart, flexible layout. The 1,680 square foot ground floor was leased to a music school and offers street-level entrance plus elevator access, positioning the space for future use as a doctor's office, physical therapy or acupuncture practice, day care, or yoga and music studio under the property's R5B zoning with C2-2 commercial overlay. The second and third floors hold four separate apartments ranging from one to three bedrooms each, supported by granite counters, hardwood and tile flooring, and a formal entrance foyer. A matching finished basement offers the same street-level and elevator access for storage or commercial use. Central air, gas heat, and four separate electric meters keep operations efficient, while three off-street parking spaces solve for a corridor where curbside parking is scarce. Walk to the Broadway LIRR station, Northern Boulevard bus lines, and the shops lining 162nd Street. A high-potential investment opportunity in an established commercial and residential corridor.
For sale
$2,550,000
43-07 162nd Street, Flushing, NY 11358
8beds
6,720sqft
Quadruplex, Multi Family
Built in 2005
-- sqft lot
$-- Zestimate®
$379/sqft
$-- HOA
What's special
Elevator accessCentral airMatching finished basementGas heatThree off-street parking spacesFormal entrance foyerHardwood and tile flooring
- 38 days
- 357
- 8
Zillow last checked:
Listing updated:
Listed by:
RE/MAX 1st Choice 516-888-6000,
Po Wei Tair 917-406-6026
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1045070
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Hot Air, Hot Water, Natural Gas
Cooling
- Central Air
Features
- First Floor Bedroom, First Floor Full Bath, Elevator, Entrance Foyer, Granite Counters, Master Downstairs, Recessed Lighting, Storage
- Flooring: Carpet, Combination, Tile, Wood
- Basement: Finished,Full,See Remarks,Storage Space,Walk-Out Access
Interior area
- Total structure area: 6,720
- Total interior livable area: 6,720 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Private
- Has uncovered spaces: Yes
Features
- Exterior features: Balcony
Lot
- Size: 3,000 Square Feet
- Dimensions: 30 x 100
- Features: Near Public Transit, Near Shops
Details
- Parcel number: 054200029
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 2005
Utilities & green energy
- Gas: Separate Gas Meters: 4
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Flushing
Financial & listing details
- Price per square foot: $379/sqft
- Tax assessed value: $1,499,000
- Annual tax amount: $64,860
- Date on market: 9/1/2026
- Cumulative days on market: 39 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Listed for sale | $2,550,000-1.1%$379/sqft |
Source: | ||
| 8/31/2026 | Listing removed | $2,578,000$384/sqft |
Source: | ||
| 8/9/2026 | Price change | $2,578,000-0.5%$384/sqft |
Source: | ||
| 7/11/2026 | Price change | $2,590,000-1.5%$385/sqft |
Source: | ||
| 4/10/2026 | Price change | $2,630,000-0.8%$391/sqft |
Source: | ||
| 3/19/2026 | Listed for sale | $2,650,000-0.4%$394/sqft |
Source: | ||
| 3/4/2026 | Listing removed | $2,660,000$396/sqft |
Source: | ||
| 2/6/2026 | Price change | $2,660,000-0.7%$396/sqft |
Source: | ||
| 1/1/2026 | Listed for sale | $2,680,000-3.6%$399/sqft |
Source: | ||
| 7/4/2025 | Price change | $2,780,000-3.5%$414/sqft |
Source: | ||
| 4/23/2025 | Listed for sale | $2,880,000+89.5%$429/sqft |
Source: | ||
| 4/6/2012 | Listing removed | $2,400 |
Source: East Coast Realtors, Inc. #2465868 Report a problem | ||
| 2/14/2012 | Price change | $2,400+65.5% |
Source: East Coast Realtors, Inc. #2465868 Report a problem | ||
| 2/5/2012 | Listed for rent | $1,450 |
Source: East Coast Realtors, Inc. #2465868 Report a problem | ||
| 2/1/2012 | Sold | $1,520,000-15.7%$226/sqft |
Source: Public Record Report a problem | ||
| 3/14/2010 | Sold | $1,802,937+3%$268/sqft |
Source: Public Record Report a problem | ||
| 7/18/2006 | Sold | $1,750,000+207%$260/sqft |
Source: Public Record Report a problem | ||
| 5/4/2005 | Sold | $570,000$85/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $674,550 +20% |
| 2024 | -- | $562,050 +5.4% |
| 2023 | -- | $533,250 -3.2% |
| 2022 | -- | $550,800 -5.2% |
| 2021 | -- | $580,950 -8.8% |
| 2020 | $50,085 +2.2% | $637,200 +10.1% |
| 2019 | $49,023 +6.8% | $578,700 +59% |
| 2018 | $45,897 +7.1% | $363,916 +8% |
| 2017 | $42,858 +6.6% | $336,960 +8% |
| 2016 | $40,195 | $312,000 +1% |
| 2015 | $40,195 +130.9% | $308,880 +2.2% |
| 2014 | $17,409 | $302,330 +1500.8% |
| 2005 | -- | $18,886 +5.9% |
| 2004 | -- | $17,832 +4.9% |
| 2003 | -- | $17,002 +5.1% |
| 2002 | -- | $16,173 |
| 2001 | -- | $16,173 +2.8% |
| 2000 | -- | $15,739 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Flushing
Nearby schools
Schools provided by the listing agent
- Elementary: Ps 107 Thomas A Dooley
- Middle: Is 25 Adrien Block
- High: Francis Lewis High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







