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4333 48th St
Sunnyside, NY 11104
Multifamily Property For Sale · 58 Units

INVESTMENT HIGHLIGHTS

  • Ultra convenient to mass transit, shops, restaurants and service establishments
  • Recently renovated - Move-in condiition
  • Owners are permitted to lease their units - Easy to rent and manage!

EXECUTIVE SUMMARY

A RARE, 'INVESTOR-FRIENDLY', STUDIO CONDOMINIUM, CONVENIENTLY-LOCATED NEAR SUNNYSIDE GARDENS: this 4th floor 'pre-war' unit is positioned in a quiet, southeast corner of the building. It contains an entrance foyer with a coat closet, a large main room with an alcove kitchen, a dressing area with a large double closet and a fully tiled bathroom; It has been recently renovated (modern kitchen and bathroom, new laminated ‘cherrywood-styled’ floors, 4 extra thermal windows with storms and screens and 'mirrored', double-closet sliding doors); The current rental range for this unfurnished unit is between $1,535 and $1,575 per month - if offered furnished, the rental value would be an additional $50 to $75/month more. The building is equipped with an elevator and the lobby is street-level, so there are no stairs involved; There is a laundry in the basement and an on-site full time superintendent; It boasts an exceptionally convenient location being just 2 blocks from the #7 subway line at the 46th (Bliss) Street station (about a 20 minute commute to Midtown Manhattan) and the buses along Queens Blvd; It is a short walk to the restaurants, supermarket and shops & services along 46th Street, Greenpoint Av and Queens Blvd; It is vacant and available for immediate occupancy; This unit is ideal for a parent or an adult child/student, a single or a couple just starting out or a retiree, a business person who needs a pied-a-terre in the city, or even a real estate investor! The common charges are extremely reasonable at ~$212/month, and the real estate taxes average about $173/month - these figures are impossible to duplicate in such a desirable neighborhood! Call now to schedule your individual appointment to see it!

PROPERTY FACTS

No. Units 58
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.26 AC
Building Size 41,424 SF
Average Occupancy 95%
No. Stories 6
Year Built 1931
APN / Parcel ID
00139-1003
  • 00139-1027
  • 00139-1038
Zoning R7A

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Refrigerator
  • Range
  • Tub/Shower

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 $1,550 -
  • Listing ID: 23483852

  • Date on Market: 6/22/2021

  • Last Updated:

  • Address: 4333 48th St, Sunnyside, NY 11104

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