$4,300,000
Updated 8 years ago
Off Market

48-01 43rd Ave

Sunnyside, Queens | 48th Street & 49th Street

3,672 Square FeetIncome Property

$4,300,000
floors / apts3 / 8
Lot Size18'x99'
ZoneR7-2
Building TypeLow-Rise
RE Taxes$17,502
Price Per SF
$1,171

Building Amenities

  • Voice Intercom

Property Description for 48-01 43rd Ave

A 25' wide 6 unit three (3) story walk-up apartment building. The property has two apartments per floor they face the east and west side of the property. All the units are three bedroom apartments with full kitchen and bathrooms. The apartments are all rent stabilized with good upside. There is a vacant lot to the back of the property, it's 25' x 25' around 625 square feet. The units are individually metered for gas and electric.The common areas are in good condition with 10' ceilings nice wide staircase and all the floors are beautifully tiled. The gas and electric meters are all in the basement. The boiler is oil and the water heater is five years old. The basement has windows on all four sides. The roof is flat and in good condition. The property is a prime investment opportunity because when an apartment becomes vacant an investor can renovate it and increase the rent roll. The investor can also give the tenants their own boiler and water heaters.

Building Details for 48-01 43rd Ave

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1928
Floors/Apts3/8
Learn More About the Building

Transit and Citi Bike

Subway

46 St-Bliss St
0.17 miles
52 St
0.19 miles
40 St-Lowery St
0.42 miles

Citi Bike

43 Ave & 47 St
0.06 miles
48 St & Skillman Ave
0.1 miles

Contact Agent

Contact Agent

Karma Choden
Century 21 American Homes

Sunnyside | Queens

Quick Profile

Sunnyside is an affordable neighborhood that offers a unique blend of big-city living with a friendly small-town feel. Some residents consider it one of the best kept secrets in New York City. Located just 20 minutes from Midtown Manhattan by subway, the neighborhood looks like a different era due to the prewar apartment buildings, row houses and smaller mom-and-pop businesses that populate much of the business districts.

Sunnyside is an intriguing place to explore. It’s situated in the western portion of Queens. The boundaries of this mostly residential neighborhood are Long Island City to the west, Astoria to the north, Woodside to the east, and Maspeth to the south.  

Once a rural hamlet of small farms and marshlands, the area transformed into a flourishing suburb shortly after the construction of the Queensboro Bridge (currently known as the Ed Koch Queensboro Bridge) in 1909. Sunnyside was an Irish-American stronghold for decades. Although this demographic is still very much a part of the neighborhood’s identity, it has become increasingly diverse in recent years.

You can eat around the world without ever getting on an airplane. Like many sections of Queens, Sunnyside has notable food spots representing cuisine from Tibet, Mexico, Italy, Japan, and Middle Eastern countries too. If you’re too busy to wander Sunnyside in search of the best international food, then hold off until the fall when the neighborhood rolls out the Taste of Sunnyside Restaurant Crawl. An annual event that features the very best of the diverse flavors of Sunnyside. Come hungry because there is no shortage of good food and drink from around the globe.

Sunnyside’s housing options include a large stock of rentals, co-op’s, single-family and multi-family homes. The average listed price is $479,000, while the median listed price is $425,000. Businesses in Sunnyside are generally located along Queens Boulevard and Skillman, 43rd, 47th, 48th, and Greenpoint Avenues.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 72480TH