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    45-55 40Th St Sunnyside, NY 11104

    Sponsored
    For Sale
    $900,000

    Multi Family - Sunnyside, NY

    Type:Single Family Attached
    Property size:
    3,684 SF
    Days on Market:
    131
    Last Refresh:
    Jan 7 at 12:06 pm

    Property Features for 45-55 40Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Rooms
    Basement
    Basement Y/N
    1
    Size
    3,684 SF

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1927
    Number of units
    6
    Building materials
    Brick, Frame
    Architectural style
    Other

    VORO LLC (516) 279-1689 [email protected]

    Listing agent Elisabetta Caceda (877) 943-8676 License #10401323305

    Listing date Aug 30, 2025

    MLS# 809459 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sunnyside Multifamily Investment Opportunity

    This is a three-story, six-family building located in the desirable Sunnyside neighborhood. The building contains six one-bedroom, one-bathroom units, with two units on each floor. A ground-level basement provides storage space. The property size is 20x100, and the attached building size is 20x72. The building is located on 40th Street between Queens Blvd and 47th Avenue, within walking distance of trains, buses, supermarkets, restaurants, schools, a library, a playground, and banks. The M train is less than one block away, providing convenient access to transportation. It is an eight-minute train ride to Queensboro Plaza Station and six minutes by car. By car, it is an 11-minute drive to Lexington and 59th Street in Manhattan, or 15 minutes by train. The building features gas heating and a backyard terrace for tenants. The basement includes a storage area available for rent. The roof is maintained annually. The total rental and storage income is $98,879. Two rental units can be delivered vacant, presenting an opportunity for increased income. This well-maintained building is an excellent addition to an investor's portfolio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sunnyside
    County
    Queens
    State
    New York
    Longitude
    -73.923376
    Latitude
    40.746813

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    FAQs

    What type of property is this?
    Apartment building - Three-story, six-unit building in vibrant Sunnyside neighborhood.
    Where is this apartment building located?
    The property is located at 45-55 40Th St Sunnyside, NY.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Excellent location: **Walking distance to trains, buses, supermarkets, restaurants, schools, library, playground, and banks.**; - Six-family building: **Six one-bedroom, one-bathroom units, offering substantial rental income.**; - Current total rental and storage income of $98,879.
    (917) 584-5982
    Request Owner's contact information
    45-55 40Th St Sunnyside, NY 11104
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    Sunnyside, NY 11104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    45-55 40Th St Sunnyside, NY 11104
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