48-14 48th Street, Sunnyside, NY 11377
48-14 48th Street, Sunnyside, NY 11377
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Hal Blake

Hal Blake

+1(718) 608-4892
$1,500,000
Est. payment /mo
6 Baths
3,960 SqFt
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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

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Hal Blake
Hal Blake

Broker License ID: 10491210994

+1(718) 608-4892

1110 South Ave, Staten Island, NY 10314-3403, USA

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