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$4,799,000
1017923 MLS
45-16 & 45-18 39th Place TWO SEMI-ATTACHED MULTIFAMILY BUILDINGS | 20 UNITS | 60% FREE MARKET 12 Free Market Units (60%) 6 Vacant Units (4 FM, 2 RS) 17 Renovated Apartments 2 Newly Constructed Units Family-Owned Since Early 1960s One Block from the 7 Train Prime Sunnyside Location Significant Lease-Up Opportunity New Boiler Extensive capital improvements Ideal for 1031 exchange and/or owner/operator. The combined offering of 45-16 & 45-18 39th Place presents a rare opportunity to acquire two contiguous multifamily buildings totaling 20 residential units in the heart of Sunnyside, Queens, just one block from the entrance to the 7 train. Family-owned and meticulously maintained since the early 1960s, the property consists of two semi-attached 10-family buildings that reflect decades of attentive ownership, ongoing capital improvements, and strong physical maintenance. The portfolio features 17 renovated apartments and 2 newly constructed units, demonstrating a consistent commitment to upgrading and preserving the asset. Of the 20 residential units, 12 are free market, representing 60% of the portfolio and providing investors with significant operational flexibility and long-term income growth potential. The property is currently configured with 6 vacant units, including 4 free-market apartments, creating an immediate opportunity to increase occupancy and revenue through strategic lease-up. This combination of free-market exposure and vacancy-driven upside is rarely available within Sunnyside's highly sought-after and supply-constrained rental market. The unit mix consists primarily of one-bedroom apartments, complemented by two ground-level two-bedroom units. Opportunities to acquire multifamily assets of this scale, location, and ownership history trade infrequently within Sunnyside.

4516 39th Place, Sunnyside

$1,798,000
847459 MLS
Legal 6-Family in the Heart of Sunnyside!! An excellent investment opportunity in a highly desirable neighborhood! This fully occupied 6-family building features six spacious units, each offering 2 bedrooms and 1 bathroom. All units are rent-stabilized and currently occupied by reliable tenants, providing steady income for investors looking to expand their portfolio. Building Size: 27.17 x 68 Lot Size: 27.17 x 100 Zoning: R5D Basement: Full basement Occupancy: Fully occupied with dependable tenants Prime Location: Situated in the heart of Sunnyside, just two blocks from Queens Blvd, and within close proximity to public transportation-including the 7 Train at 46th Street & 52nd Street Stations, and the Q104, Q60, and Q32 buses-making commuting a breeze. Enjoy all the charm and convenience of Sunnyside-a sought-after, vibrant community with shops, dining, and parks just steps away.

41-15 48th Street, Sunnyside

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.