41-07 47TH Ave

queens, NY 11104

$3,530,000

  • 20 BR
    20 BA
    APPROX. 13,752 SF
  • contract signed

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Introducing 41-07 47th Ave, well managed rent stabilized building in heart of Sunnyside. Extraordinary opportunity for new ownership/investor to add to their existing portfolio since the building has recently undergone capital improvements, value add is there with slight tweaks, and lastly ability to utilize remaining FAR to develop.
Existing Building & Property Features: Current Zoning is R6A not landmarked, set on a 50' X 100' lot, the existing 4-story masonry building approx. 13,752SF. It currently consists of twenty (20) income-producing units: The layouts consist of a mix of one (1) bedrooms with certain ones being larger.
A bustling location right on 47th Ave nearby Queens Blvd with ever expanding restaurants, bars, coffee shops, galleries, grocery stores, shopping, supermarkets. Walk to the 7 subway line on 40th St-Lowery St around the corner providing easy access to Long Island City and Manhattan. This area is constantly being sought after and developed due to close proximity.
Reach out to request setup and any questions.
Though information is believed to be correct, it is presented subject to errors, omissions, changes, or withdrawal without notice. Buyers are advised to verify all information.

Details

13,752 Sq Ft

5,000 Sq Ft Exterior Space

Multi Family

$95,040 Annual Tax

Built in 1933

MLS/Listing ID RLS11011529

20 Units

Amenities & Features

Green Building

Patio

Cooling - Other

Pets Allowed

Listing Courtesy of CORCORAN GROUP, LAUREN RENEE BENNETT - 718-612-9922

REBNY

Source of Data: REAL ESTATE BOARD OF NEW YORK

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