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 RATECONTACT ME FOR FULL DETAILSRenovated 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 appliancesIn-unit washers and dryersHardwood flooringUpdated kitchens and bathsThese 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.
Listing By
Agency Name: Modern Spaces Love Your Place
Agency Contact: greg@modernspacesnyc.com
Shown By
Agent Name: Hilda Chin
Agent Phone: Cell: (516) 641-6218
Agency Title: Coldwell Banker American Homes
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3929 47th Avenue | MLS# 1068236
This commercial property located at 3929 47th Avenue, Sunnyside, NY 11104 is currently listed for sale with an asking price of $3,500,000. 47th Avenue is located within the Contact Agent school district. Search Sunnyside real estate on www.hildachin.com today.