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47-44 44th St 6 Unit Apartment Building $1,275,000 ($212,500/Unit) 6.98% Cap Rate Flushing, NY 11377



Investment Highlights
- Prime Sunnyside location
- Exterior brickwork and stucco recently done
Executive Summary
Solid brick RS investment property now available at 47-44 44th Street in Sunnyside, Queens
• Proximity to 7 train with a quick commute to Midtown Manhattan
• Tax Class 2A
• Lot Size: 27x95
• Building Size: 22x78 / 5,200sqft
• R5D Zoning
• Recently upgrades include brick pointing/stucco and new oil burner
• Proximity to 7 train with a quick commute to Midtown Manhattan
• Tax Class 2A
• Lot Size: 27x95
• Building Size: 22x78 / 5,200sqft
• R5D Zoning
• Recently upgrades include brick pointing/stucco and new oil burner
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,275,000 | Apartment Style | Low-Rise |
| Price Per Unit | $212,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 6.98% | Building Size | 5,148 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1928 |
| Property Subtype | Apartment | ||
| Zoning | R5 - Medium density district with a height limit of 40 feet | ||
| Price | $1,275,000 |
| Price Per Unit | $212,500 |
| Sale Type | Investment |
| Cap Rate | 6.98% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,148 SF |
| No. Stories | 3 |
| Year Built | 1928 |
| Zoning | R5 - Medium density district with a height limit of 40 feet |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
| 1+1 | 1 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 00173-0041 | Improvements Assessment | $223,004 |
| Land Assessment | $3,040 | Total Assessment | $226,044 |
Property Taxes
Parcel Number
00173-0041
Land Assessment
$3,040
Improvements Assessment
$223,004
Total Assessment
$226,044
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47-44 44th St
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