$3,100,000
$3,500,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
3929 47th AVE Sunnyside, NY 11104
2,400 Sqft Lot
Key Details
Sold Price $3,100,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1068236
Sold Date 11/03/26
Rental Info No
Year Built 1931
Annual Tax Amount $27,577
Lot Size 2,400 Sqft
Acres 0.0551
Property Sub-Type Multi Family
Source onekey2
Property 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
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.
Location
State NY
County Queens
Rooms
Basement Common
Interior
Heating Electric
Cooling Electric
Fireplace No
Exterior
Parking Features None
Utilities Available Electricity Available
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Contact Agent
School District Contact Agent
Others
Special Listing Condition None
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Bought with Buyer Representation Office