48-14 48th Street Sunnyside, NY 11377
Other
MLS #: 11939928
Courtesy Of GRAVITY REAL ESTATE ADVISORS LLC
Property InformationDescription
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.
Features
- Floors: 3
- MLSID: 11939928
- Rooms: Bathroom 6
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
MAP & DIRECTIONS
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