Introducing 39 29 47th Avenue a fully remodeled 10 unit mixed use asset in the heart of Sunnyside, Queens.
3929 47th Avenue
New York, NY 11104
Listing
| Web ID: | 5826902 |
|---|---|
| Website: | https://www.nestseekers.com/5826902 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
Price:$3,500,000
Annual Taxes:$27,577.84
Description
Introducing 39-29 47th Avenue — a fully remodeled 10-unit mixed-use asset in the heart of Sunnyside, Queens. This income-producing property consists of six residential units (5 free-market, 1 rent-stabilized) and four commercial spaces, delivering a diversified and balanced revenue stream in one of Queens’ most stable rental corridors.
7.5% CAP RATE
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Renovated in 2018, the building seamlessly blends classic brick architecture with modern upgrades. The residential units are finished to today’s tenant expectations, featuring:
Stainless steel appliances
In-unit washers and dryers
Hardwood flooring
Updated kitchens and baths
These high-end finishes attract quality tenants and support strong rental positioning.
Positioned just moments from the 40th Street–Lowery Street station on the 7 train, residents enjoy direct and convenient access to Midtown Manhattan. Sunnyside continues to thrive as a high-demand rental market.
Amenities
- Electricity Available
Contact
Listing Courtesy of Modern Spaces Love Your Place