2
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$1,500,000
Est. payment /mo
6 Baths
3,960 SqFt
New
48-14 48th Street Sunnyside, NY 11377
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,960 sqft
Price per Sqft $378
MLS Listing ID 11939928
Full Baths 6
Annual Tax Amount $18,771
Property Description
Fully rented six-family walk-up in the heart of Sunnyside - one of the most stable small-multifamily markets in Queens. The building sits on a 25 x 100 lot with R5 / C1-2 zoning and contains five 2-bedroom apartments and one 1-bedroom. Two apartments are free market, four are rent stabilized. Sunnyside is block after block of pre-war walk-ups with a deep working-renter base anchored by Manhattan and Long Island City employment. The 7 train at the 46th St-Bliss St and 52nd St stations puts tenants at Grand Central in roughly 10 minutes. Strong in-place income at actual rents - an ideal fit for an owner-operator or 1031 buyer seeking durable cash flow in a proven rental pocket. Full setup, rent roll, and operating statement available upon request.
Location
State NY
County 36081
Rooms
Dining Room 0
Kitchen 0
Building
Story 3
Nearby Locations
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