Queens » 11358 » 162nd St » 4221 162nd St

42-21 162nd Street, Flushing, NY 11358 - Property report

Also known as: 42-21 162nd St

Property image for 42-21 162nd Street, Flushing, NY 11358

Property type

Predominant Retail with Other Uses (K4)

Year built

2008

Lot sq. ft.

2,500

Sale price

$2,520,000

General information

Address

Primary address

42-21 162nd Street

ZIP code

11358

Neighborhood

East Flushing

Borough

Queens

Block & lot

05393-0111

Building

Property type

Predominant Retail with Other Uses (K4)

Building sq. ft.

5,270

Building dimensions

25 ft x 100 ft

Buildings on lot

Stories

Year built

2008

Building material

Sales

Sale date

09/20/2021

Sale price

$2,520,000

Tax

Tax year

2026-2027

Property tax

$48,816

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

25 ft x 100 ft

Lot sq. ft.

2,500

Area overview

Walk score

94 /100. Walker's Paradise

Transit score

74 /100. Excellent Transit

Bike score

70 /100. Very Bikeable

School district

Community district

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 42-21 162nd Street, Flushing, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 42-21 162nd Street, Flushing, NY 11358

Sale date	Sale price	Buyer name	Seller name
09/20/2021	$2,520,000	XXX & XXXXXX XXXXXXXXXX XXXX.	XX XXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
06/12/2026 - R	UCC3 Continuation (2026061100885001)	XXX XXXXXX XXXXXXXXXX XXXX	XXXX XX XXXX
10/12/2021 - R	Initial UCC1 (2021100801320001)	XXX XXXXXX XXXXXXXXXX XXXX	XXXX XX XXXX
09/29/2021 - R 09/20/2021 - D	Assignment of Leases and Rents (2021092101456003)	XXX XXXXXX XXXXXXXXXX XXXX	XXXX XX XXXX
09/29/2021 - R 09/20/2021 - D	Mortgage (2021092101456002)	XXX XXXXXX XXXXXXXXXX XXXX	XXXX XX XXXX
09/29/2021 - R 09/20/2021 - D	Deed (2021092101456001)	XX XXX XXX	XXX XXXXXX XXXXXXXXXX XXXX
10/06/2015 - R 09/28/2015 - D	Termination of Assign of L&R (2015100101291003)	XXXXXXXX XXXX	XX XXXXX XXX
10/06/2015 - R 09/28/2015 - D	Termination of Assign of L&R (2015100101291002)	XXXXXXXX XXXX	XX XXXXX XXX
10/06/2015 - R 09/28/2015 - D	Satisfaction of Mortgage (2015100101291001)	XX XXXXX XXX	XXXXXXXX XXXX
10/02/2015 - R 08/10/2015 - D	Correction Deed (2015091801324001)	XX XXXXX XXX	XX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 42-21 162nd Street, Flushing, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$48,816

Municipal exemptions

Recent tax assessments

Market value

$1,000,000

Assessed value

$450,000

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$988,000	$444,600	$437,580	10.848%	$47,469	$47,469	+9.06%
2024/25	$1,067,000	$480,150	$404,430	10.762%	$48,487	$43,525	+16.02%
2023/24	$992,000	$446,400	$354,180	10.592%	$47,283	$37,515	+16.08%
2022/23	$982,000	$441,900	$303,569	10.646%	$47,045	$32,318	+57.82%
2021/22	$833,000	$374,850	$190,409	10.755%	$40,315	$20,478	-22.19%
2020/21	$1,132,000	$509,400	$246,089	10.694%	$50,972	$26,317	+12.02%
2019/20	$1,184,000	$532,800	$222,959	10.537%	$47,786	$23,493	+9.65%
2018/19	$1,030,000	$463,500	$203,789	10.514%	$45,667	$21,426	+7.35%
2017/18	$1,051,000	$472,950	$189,839	10.514%	$44,200	$19,960	+13.72%
2016/17	$899,000	$404,550	$165,989	10.574%	$41,930	$17,552	+0.93%

Permits

Permit information for 42-21 162nd Street, Flushing, NY

Filing date	Job type	Job status	Job description	Initial cost
12/01/2023	Alteration
10/19/2023	Alteration
09/06/2023	Alteration
09/06/2023	Alteration
04/09/2019	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	12/30/2020	E-elevator elevatorrequired
	03/06/2019	Aeuhaz1-fail to certify class 1
	03/06/2019	Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

Listings

Neighborhood

Queens commercial market stats

Review a detailed real estate market overview of Queens and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Queens and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$458

1.2% Y-o-Y

Q1 2026 median price/sq. ft.

$434

-0.5% Y-o-Y

2025 median price/sq. ft.

$452

4.2% Y-o-Y

Check out recently sold homes in Queens and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Main St & Roosevelt Ave at SE Corner

Station lines

Distance (miles)

1.291

View subway map

Access the detailed traffic volume map for 42-21 162nd Street, Flushing, NY 11358 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 42-21 162nd Street, Flushing, NY

177-17 136th Ave, Jamaica 43-12 Robinson St, Flushing 83-30 118th St, Kew Gardens 132-18 Sanford Ave, Flushing 100-05 91st Ave, Richmond Hill 119-17 150th Ave, South Ozone Park 40-48 194th St, Flushing 95-06 118th St, South Richmond Hill 145-72 Guy R Brewer Blvd, Jamaica 63-14 Queens Blvd, Woodside 100-11 91st Ave, Richmond Hill 142-28 37th Ave, Flushing 71-27 Caldwell Ave, Maspeth 116-09 Myrtle Ave, Richmond Hill 116-11 Myrtle Ave, Richmond Hill 132-29 Blossom Ave, Flushing 37-53 99th St, Corona 91-12 175th St, Jamaica 100-23 39th Ave, Corona

Nearby ZIP codes for 42-21 162nd Street, Flushing, NY

11354, New York City, NY 11355, New York City, NY 11356, New York City, NY 11357, New York City, NY 11359, New York City, NY 11360, New York City, NY 11361, New York City, NY 11362, New York City, NY 11363, New York City, NY 11364, New York City, NY 11365, New York City, NY 11366, New York City, NY 11367, New York City, NY 11368, New York City, NY 11423, New York City, NY 11424, New York City, NY 11427, New York City, NY 11432, New York City, NY

Frequently asked questions

What is the year built for 42-21 162nd Street, Flushing, NY 11358?

The development at 42-21 162nd Street, Flushing, NY 11358 was built in 2008.

What is the market value of 42-21 162nd Street, Flushing, NY 11358?

The current market value of 42-21 162nd Street, Flushing, NY 11358 is $1,000,000.

What is the total square footage of 42-21 162nd Street, Flushing, NY 11358?

42-21 162nd Street, Flushing, NY 11358 has a total of 5,270 square feet.

What is the price per square foot for this property?

$478 per square foot is the price for 42-21 162nd Street, Flushing, NY 11358.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.