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41 11 162 st 4111 162nd St 5 Unit Apartment Building $1,999,999 ($400,000/Unit) Flushing, NY 11358

Apartment Buildings New York Flushing 4111 162nd St, Flushing, NY 11358

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Investment Highlights

  • HEAVY TRAFFIC
  • MURREY HILL
  • MANY UPDATES

Executive Summary

PRIME INVESTMENT OPPRTUNITY.
BEST FOR OWNER USER
MURRAY HILL NEIGHBORHOOD
4X1BR APARTMENTS ON 2TH AND 3TH FLOOR (MONTH TO MONTH)$5,150,00 BELOW MARKET VALUE
RETAIL STORE FRONT ON GROUND FLOOR (WILL BE VACANT BY NOVEMBER)$4,900,00 PLUS $8,000,00 TAX
OIL HEATING
NEW ELECTRIC HIGHER VOLTAGE PANELS
2015 ROOF , WINDOWS ,FRONT FACE SIDDING
FULLY SPRINCLED

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,999,999 Building Class C
Price Per Unit $400,000 Lot Size 0.04 AC
Sale Type Investment Building Size 3,135 SF
Sale Condition 1031 Exchange Average Occupancy 100%
No. Units 5 No. Stories 3
Property Type Multifamily Year Built 1930
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Low-Rise
Zoning R5B,C1-2 - Medium density district with a height limit of 40 feet
Price $1,999,999
Price Per Unit $400,000
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.04 AC
Building Size 3,135 SF
Average Occupancy 100%
No. Stories 3
Year Built 1930
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning R5B,C1-2 - Medium density district with a height limit of 40 feet

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Range
  • Attic
  • Basement

Site Amenities

  • On-Site Retail
  • Public Transportation
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+5 5 - 534
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Source: Local Logic®

Property Taxes

Parcel Number 05336-0040 Total Assessment $194,056 (2026)
Land Assessment $95,363 (2026) Annual Taxes ($1) ($0.00/SF)
Improvements Assessment $98,693 (2026) Tax Year 2025

Property Taxes

Parcel Number
05336-0040
Land Assessment
$95,363 (2026)
Improvements Assessment
$98,693 (2026)
Total Assessment
$194,056 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
(516) 263-2301

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 40183181

  • Date on Market: 4/16/2026

  • Last Updated:

  • Address: 4111 162nd St, Flushing, NY 11358

The Murray Hill Multifamily Property at 4111 162nd St, Flushing, NY 11358 is currently available. Contact WinZone Realty Inc. for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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41 11 162 st | 4111 162nd St
(516) 263-2301 x

41 11 162 st | 4111 162nd St

Dino Vlaikos
(516) 263-2301

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