47-49 162nd ST, Flushing, NY 11358
47-49 162nd ST, Flushing, NY 11358
47-49 162nd ST, Flushing, NY 11358
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Randy Reis

Randy Reis

+1(917) 336-1118
$1,890,000
Est. payment /mo
5 Beds
4 Baths
3,100 SqFt
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UPDATED:

Key Details

Property Type Single Family

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,100 sqft

Price per Sqft $609

MLS Listing ID 1068642

Style Colonial

Bedrooms 5

Full Baths 4

HOA Y/N No

Rental Info No

Year Built 1931

Annual Tax Amount $17,690

Lot Size 5,998 Sqft

Acres 0.1377

Property Sub-Type Single Family Residence

Source onekey2

Property Description

Rare opportunity to own a beautifully renovated, two-story detached brick mixed-use property on a desirable corner lot in the heart of East Flushing. Offering approximately 3,100 SF of above-grade interior space plus a full basement, this property presents an exceptional combination of established rental income, residential flexibility, and long-term investment potential. The ground floor is occupied by a DOE funded child development center that has operated successfully for over 10 years, providing a consistent income stream of $6,120 per month. With strong enrollment and reported waiting-list demand, the daycare offers an established tenant presence, with potential rental upside upon lease renewal. The upper level features a spacious three-bedroom residential layout with a dedicated kitchen and dining area, ideal for owner occupancy or additional rental income.

Recent improvements include renovated kitchens and bathrooms, new boilers, separate gas and electric meters, and updated building systems. It include a detached 2-car garage, plus four outdoor parking spaces, a fenced yard, and generous outdoor space. Ideally situated at the corner of 162nd Street and Oaks Avenue, directly across from scenic Kissena Park, the property offers convenient access to shopping, restaurants, public transportation, and neighborhood amenities.

An exceptional live-and-earn opportunity combining established income, flexible residential space, and a prime East Flushing location. Financial information and additional property details are available upon request.

Location

State NY

County Queens

Rooms

Basement Full

Interior

Interior Features First Floor Full Bath, Eat-in Kitchen, Formal Dining, Walk-In Closet(s)

Heating Natural Gas

Cooling Electric

Fireplace No

Appliance Dishwasher, Gas Range, Microwave, Refrigerator

Exterior

Parking Features Detached, Driveway

Garage Spaces 2.0

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Total Parking Spaces 6

Garage true

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Ps 107 Thomas A Dooley

Middle Schools Is 237

High Schools Queens 25

School District Queens 25

Others

Senior Community No

Special Listing Condition None

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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Lin Pan Realty Group LLC • Xing Zheng

NEARBY SCHOOL & BUSINESS

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Randy Reis

Randy Reis

+1(917) 336-1118

Team Leader License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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