New York City  »  11358  »  162nd St  »  4248 162nd St

42-48 162nd Street, Flushing, NY 11358 Property Information

42-48 162nd Street, Flushing, NY 11358 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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42-48 162nd Street, Flushing, NY 11358 2
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Address

Primary address 42-48 162nd Street
Secondary address 42 162nd St
Neighborhood East Flushing
Zip code 11358
Borough Queens
Block & lot 05392-0037

Sales & Tax Overview for 42-48 162nd Street, Flushing

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 07/25/2018
Purchase price $1,590,000
Tax class
Estimated property tax $46,056

Lot & Building Information for 42-48 162nd Street, Flushing

Lot sq. ft. 3,300
Lot dimensions 33 ft x 100 ft
Property type Predominant Retail with Other Uses (K4)
Building sqft 4,438
Buildings on lot 1
Year built 2022
Construction type
Status
Status date
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Zoning & Use for 42-48 162nd Street, Flushing

Zoning
Residential units (DOF) 2
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 25
Community district 7
Closest police station 1.17 Miles
Closest fire station 0.48 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 42-48 162nd Street, Flushing

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 42-48 162nd Street, Flushing, NY 11358, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 42-48 162nd Street, Flushing, NY 11358, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 42 162nd St, Flushing, NY 11358
  • 44 162nd St, Flushing, NY 11358
  • 46 162nd St, Flushing, NY 11358
  • 48 162nd St, Flushing, NY 11358
  • 161-17 43rd Ave, Flushing, NY 11358

About 42-48 162nd Street, Flushing

How many sq. ft. does 42-48 162nd Street, Flushing, NY 11358 have & what is the price per sq. ft?

This Predominant Retail with Other Uses (K4) located at 42-48 162nd Street, Flushing, NY 11358 has a total of 4,438 square feet and a current price per square foot of $358.

What is the year built & the current market value of 42-48 162nd Street, Flushing, NY 11358?

42-48 162nd Street, Flushing, NY 11358 was built in 2022 and has a current tax assessor's market value of $846,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 42-48 162nd Street, Flushing

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Property owner name for 42-48 162nd Street, Flushing, NY 11358
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Building contacts for 42-48 162nd Street, Flushing, NY 11358
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 42-48 162nd Street, Flushing

Create a free account to view the complete sales history for 42-48 162nd Street, Flushing, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
07/25/2018 $1,590,000
06/18/2008 $1,230,000
       
       
       
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Title Documents for 42-48 162nd Street, Flushing

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
03/02/2021 - D
03/05/2021 - R
Zoning Lot Description
(2021030201545002)
03/02/2021 - D
03/05/2021 - R
Certificate
(2021030201545001)
09/12/2018 - D
09/17/2018 - R
Termination of Assign of L&R
(2018091401175002)
09/12/2018 - D
09/17/2018 - R
Satisfaction of Mortgage
(2018091401175001)
07/25/2018 - D
08/07/2018 - R
Deed
(2018080300919001)
06/27/2008 - D
07/08/2008 - R
Satisfaction of Mortgage
(2008062700042001)
06/18/2008 - D
07/08/2008 - R
Assignment of Leases and Rents
(2008062300217003)
06/18/2008 - D
07/08/2008 - R
Mortgage
(2008062300217002)
06/18/2008 - D
07/08/2008 - R
Deed
(2008062300217001)
05/12/2005 - D
05/27/2005 - R
Satisfaction of Mortgage
(2005052302089001)
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R: Recorded date
D: Document date

Property Taxes for 42-48 162nd Street, Flushing

Access detailed property tax data for 42-48 162nd Street, Flushing, NY 11358. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $34,120
Estimated property tax: $46,056
Tax assessor's market value: $846,000
Assessed value: $380,700

Assessment History for 42-48 162nd Street, Flushing

Here's the assessment & property tax history for 42-48 162nd Street, Flushing, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $846,000 $380,700 $314,526 10.848% $34,120 $34,120 +266.14%
2024/25 $413,000 $185,850 $86,589 10.762% $9,319 $9,319 +64.44%
2023/24 $413,000 $185,850 $53,502 10.592% $5,667 $5,667 +36.67%
2022/23 $369,000 $22,140 $20,416 20.309% $4,146 $4,146 +7.84%
2021/22 $321,000 $19,260 $19,260 19.963% $3,845 $3,845 -45.31%

Permits for 42-48 162nd Street, Flushing

The complete history of permits filed for 42-48 162nd Street, Flushing, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
03/07/2026 New building
01/23/2026 Alteration
01/23/2026 Alteration
12/16/2025 New building
11/21/2025 Alteration
07/30/2025 New building
06/06/2025 Alteration
02/19/2025 New building
10/16/2024 Alteration
07/30/2024 Alteration
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Queens Commercial Market Stats

Access a detailed real estate market overview of Queens so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Queens and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-1.6% YoY
Median Price/Sqft Q4/2025
$457
11.4% YoY
Median Price/Sqft 2025
$445
4.3% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Main St & Roosevelt Ave at SE Corner
Station lines 7
Distance (miles) 1.258
View subway map
Bus Routes
Name Sanford Av/162 St
Line Q12
Distance (miles) 0.098

Neighbors for 42-48 162nd Street, Flushing

Here are the neighbors for 42-48 162nd Street, Flushing, NY 11358.

Address Square feet Purchase date Purchase price
150-69 116th Rd, Jamaica 896 03/29/2019 $540,000
137-46 173rd St, Jamaica 1,050 09/30/2022 $730,000
107-55 Lefferts Blvd, South Richmond Hill 2,190 11/20/2008 $470,000
119-18 232nd St, Cambria Heights 1,500 10/12/2010
243-08 149th Ave, Rosedale 1,175 04/23/2026 $150,000
137-49 234th St, Rosedale 1,378 12/23/2005
37-49 92nd St, Jackson Heights 1,710 10/26/2017 $745,000
183-07 145th Ave, Springfield Gardens 1,364 03/02/1994
5-36 Beach 68 St, Arverne 1,386 04/07/2025
33-47 96th St, Corona 2,220 02/08/2025
135-15 134th St, South Ozone Park 2,000 11/01/2019
21-59 80th St, East Elmhurst 1,224 04/04/1996
5-59 Beach 68 St, Arverne 2,400 02/26/2016 $420,000
149-08 262nd St, Rosedale 1,088 01/28/2016 $362,400
232-17 143rd Ave, Springfield Gardens 1,544 09/09/2013 $350,000
144-24 Weller Ave, Rosedale 1,440 08/09/2005 $367,500
3-56 Beach 85 St, Far Rockaway 2,774 11/28/2011
227-02 141st Ave, Springfield Gardens 1,528 06/23/2025
5-64 Beach 67 St, Arverne 2,100 04/11/2003 $259,000
134-16 242nd St, Rosedale 1,387 07/07/2022 $580,000
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