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41-07 47th Avenue
$3,850,000 Price
20 Bedrooms   20.0 Baths
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41-07 47th Avenue,

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...

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.

Courtesy of Corcoran Group

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details


Type: Townhouse
Price: $3,850,000
Re Tax: $95,040
Web ID: 1088288442

Info & Amenities

Type: Townhouse
Rooms: 50.0
Bedrooms: 20
Bathrooms: 20.0
Built: 1933
Pets allowed: Yes

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all descriptive information should be confirmed by customer. All rights to content, photographs and graphics are reserved to Brown Harris Stevens. Customer should consult with its counsel regarding all closing and tax costs. Broker represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent, in Connecticut, or , in New York State and New Jersey, a dual agent with designated or disclosed agents representing seller/owner and buyer/tenant. Broker represents the buyer/tenant when showing the exclusives of other real estate firms. In Florida, Broker acts as a Transaction Broker with all sellers and buyers, unless a different form of agency has been established in writing. If you are looking to purchase or rent housing, are using a screen reader, and are having problems using this website, please call 1-212-712-1163 for assistance. All phone charges will be reimbursed by Brown Harris Stevens. Broker actively supports Fair Housing and Equal Housing Opportunities. BHS has adopted the attached policy statement - Prior to showing a homebuyer a property or providing services: (1) BHS does not require identification from a prospective homebuyer, (2) BHS may require a written agreement from a homebuyer before showing properties; and (3) BHS does not require a pre-approval for a mortgage loan in order to show a homebuyer properties. However, based upon the requirements of the seller, the building in which the properties is located, or others, some or all of the foregoing items may be required. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2024 The Real Estate Board of New York, Inc., all rights reserved. RLS Data display by Brown Harris Stevens. Powered by Terra Holdings.