41-07 47th Avenue

$3,850,000
Price
20
Beds
20
Baths
13,752 Sq. Ft.
$280 / Sq. Ft.
13,752
Sq. Ft.
$280
per Sq. Ft.

Description

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...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.

Property Details for 41-07 47th Avenue

Zoning
R6A
View
Other
LISTING UPDATED: 12/14/2024 10:31 AM

Property Details for 41-07 47th Avenue

StatusActive
MLS IDRPLU-33423181674
Days on Market89
Taxes$7,920 / month
Maintenance-
Min. Down Pymt-
Total Rooms50.0
Compass TypeMulti Family
MLS TypeHouse/Building
Year Built1933
Lot Size5,000 SF / 100' x 50'
CountyQueens County

Building

41-07 47th Ave

20 Units4 StoriesBuilt in 1933

Building Information for 41-07 47th Avenue

Stories4Residences20Year Built1933Building Size50' x 87'Building Sq. Ft17,400 SFLot Size5,000 SF / 100' x 50'Building Age-Building Type-

Property Information for 41-07 47th Avenue

Summary
Location and General Information
  • Subdivision Name: Sunnyside
  • Stories Total: 4
  • Garage Spaces: 0.0
  • View: No
Taxes and HOA
  • Tax Lot: 0005
  • Tax Block: 00192
  • Flip Tax: $0
  • Building Tax Lot: 0005
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 13752.0
  • Building Area Total: 13752.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 100.00x50.00
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: InUnit
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: None
  • New Construction: No
  • Structure Type: Townhouse
  • Property Condition: Good
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Patio And Porch Features: Patio
Interior Features
  • Cooling: Other
  • Entry Level: 1
  • Fireplace: No
  • Floor Number: 1
  • Basement: Yes
  • Cooling: Yes
  • ElevatorsTotal: 0
  • Size Dimensions: 87.00x50.00
Multi Family
Multi-Family Information
  • Number Of Units Total: 20
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Delivered Vacant: No
  • Attendance Type: None
  • Land Lease: No

Property History for 41-07 47th Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 41-07 47th Avenue

Taxable ValueLand$180,000Additions$591,750Total$771,750
Home Facts
Total Finished SqFt13,752 SqFtLot Size5,000 SqFtYear Built1933ZoningR6AAPN4001920005

Schools near 41-07 47th Avenue

This home is within New York City Geographic District #24.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Children's Lab School (The)
PublicK to 5

Is 125 Thomas J Mccann Woodside
Public6 to 8

Long Island City High School
Public9 to 12

Queens Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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41-07 47th Avenue is a multi-family home for sale in Sunnyside. This property was listed for sale on September 9, 2024 by Corcoran Group, it's currently listed at $3,850,000. This listing's school district is New York City Geographic District #24. Nearby schools include Children's Lab School (The), Is 125 Thomas J Mccann Woodside and Long Island City High School. 41-07 47th Avenue is a 20-bed, 20-bath, 13,752 sqft multi-family home built in 1933.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Group

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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.