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42-62 157th Street, Flushing, NY 11355

$5,600,000
7,405sqft
–acres
Commercial Sale
42-62 157th Street, Flushing, NY 11355
Listing by: Keller Williams Rlty Landmark
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400 Broadhollow Road, Suite 5, Farmingdale, NY 11735
Copyright © 2025 OneKey® MLS LLC
Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.


















































$5,600,000
7,405sqft
42-62 157th Street, Flushing, NY 11355

NYQueensFlushing1135542-62 157th Street, Flushing, NY 11355
NY/Queens/Flushing/11355/42-62 157th Street, Flushing, NY 1135542-62 157th Street, Flushing, NY 11355
$5,600,000
7,405sqft
–acres
42-62 157th Street, Flushing, NY 11355
City/Town:Flushing Post Office: Flushing
Commercial Sale by Deirdre A. Folan, Keller Williams Rlty Landmark.
Data checked 4 mins ago. Listing last updated 31 days ago.
- Overview
- Details
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Solid Brick Legal 35 Unit Apartment Building in the Heart of Flushing! Excellent Investment Property and Ideal 1031 Exchange! 17 (1 Bedroom Apartments), 16 (Studios), 2 (Two Bedroom Apartments).Annual income $446,900 (including Rooftop Antenna $6,600). Annual Net Income 271,043. Well Maintained Building- Utility Rm in Bsmt, NEW Roof (5 Years). Very Convenient to Flushing Main Street- Transportation Q12, N20, Q65, Q27 and LIRR Murray Hill & Broadway 2 stations, & Shopping!, Additional information: Appearance:Very Good
Details
Property type
Commercial Sale
Year built
1928
Heating
Natural Gas, Hot Water
Cooling
None
Garage
No
City/Town
Flushing
Post Office
Flushing
Parking spots
-
L3574590
MLS ID
Active
Status
08/26/2024
On Market Date
Flooring
–
View
–
Exterior features
–
Lot features
–
Monthly taxes
$4,996
Yearly taxes
$59,949
Schools
Jhs 189 Daniel Carter Beard, Flushing High School
Open Houses
In-Person
No upcoming in-person open houses
VirtualNo upcoming virtual open houses
Contact Agent
Listing By:







Deirdre A. Folan
Champion Wu
Building Info
Address
42-62 157th Street, Flushing, NY 11355
Neighborhoods
Flushing, Queens, New York City
Year Built
1928
Number of Floors
4
Total Number of Units
35
Gross area
21,600 sqft
Frontage
60 ft
Depth
115 ft
School District
25
Lot Usage
Area square footage
8,500
Commercial area
600
Residential area
21,000
Total residential units
35
Lot Info
Block
5,387
Buildings on Lot
1
Corner Lot
NW
Irregularly shaped
Yes
Lot
76
Lot location type
3
Width
60 ft
FAR
Built Floor Air Ratio
2.54
Maximum Commercial FAR
0.75
Maximum Facility FAR
2
Maximum Residential FAR
0.75
Zoning
Census Block (2010)
1,187
Census Tract (2010)
1,000
City Council District
20
Community District
407
Location
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190-15 Crocheron Avenue, Flushing, NY 11358
$2,950,000
–sqft
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10403 Northern Boulevard, Corona, NY 11368
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2,022sqft
–acres
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92-29 Queens Boulevard # C 2, Rego Park, NY 11374
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25,470sqft
–acres
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714sqft
–acres
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1,600sqft
–acres
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–acres
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4,636sqft
–acres
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2,581sqft
–acres
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3,342sqft
–acres
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–acres
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2,429sqft
–acres
Commercial Sale
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208-03 35th Ave, Bayside, NY 11361
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$36,000
–sqft
–acres
Business Opportunity
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42-62 157th Street, Flushing, NY 11355, is a 7405 sqft. Mixed Use built in 1928.
This property is currently available for sale and was listed on OneKey® MLS on 8-26-2024.
The MLS# for this Mixed Use is MLS# L3574590.
Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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