3929 47th Avenue, Sunnyside, NY 11104

$3,100,000

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Sold Price
$3,100,000
List Price
$3,500,000
Status
CLOSED
MLS#
1068236
Closing Date
Nov 03, 2026
Year Built
1931
Days on Market
5
Acres
0.06
County
Queens
City Orig
Sunnyside
Lot Size
2400

Property Description

Introducing 39-29 47th Avenue — a fully remodeled 10-unit mixed-use asset in the heart of Sunnyside, Queens. This income-producing property consists of six residential units (5 free-market, 1 rent-stabilized) and four commercial spaces, delivering a diversified and balanced revenue stream in one of Queens’ most stable rental corridors. 7.5% CAP RATE Renovated in 2018, the building seamlessly blends classic brick architecture with modern upgrades. The residential units are finished to today’s tenant expectations, featuring: Stainless steel appliances In-unit washers and dryers Hardwood flooring Updated kitchens and baths These high-end finishes attract quality tenants and support strong rental positioning. Positioned just moments from the 40th Street–Lowery Street station on the 7 train, residents enjoy direct and convenient access to Midtown Manhattan. Sunnyside continues to thrive as a high-demand rental market.

Additional Information

Heating
Electric
Cooling
Electric
Sewer
Public Sewer
School District
Contact Agent
Sq Ft
2400
Taxes
$27,577
Parking
None
Water
Public

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Listing courtesy of Listing Agent: Gregory Kyroglou (greg@modernspacesnyc.com) from Listing Office: Modern Spaces Love Your Place.

Selling Office: Buyer Representation Office.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.