3929 47th Avenue, New York, NY, 11104
$3,500,000
activeLot Size
2,400 sqft
Year Built
1931
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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 CONTACT ME FOR FULL DETAILS 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.
Listed by Gregory Kyroglou, Modern Spaces Love Your Place
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