47-49 162nd St

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 leas