Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4538 40Th St Sunnyside, NY 11104

    For Sale
    $1,000,000

    Multi-Unit (5+) - Sunnyside, NY

    Days on Market:
    12
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 4538 40Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Kitchen
    Parking features
    Garage
    Basement Y/N
    1

    Building Details

    Year built
    1926
    Year renovated
    1926
    Floors in Building
    3
    Flooring type
    Hardwood
    Building materials
    Brick
    Architectural style
    Other

    UNIVERSAL REALTY GROUP LLC

    Listing agent Mikkle Morales (212) 961-6565

    Listing date Nov 24, 2025

    MLS# 11601678 Listing URL

    Copyright © 2025 My State 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 Multi-Family Investment Opportunity

    Located in the heart of Sunnyside, this well-maintained 6-family brick building at 4538 40th Street presents an investment opportunity in a desirable and convenient Queens neighborhood. This classic pre-war property features six one-bedroom, one-bathroom apartments. Each apartment offers comfortable layouts and great natural light. The property is perfect for investors or owner-occupants seeking income with minimal maintenance. Situated on a quiet, tree-lined block, the building is conveniently located just half a block from the 7 train, providing an easy commute to Midtown Manhattan. Tenants benefit from close proximity to Sunnyside's vibrant restaurants, cafés, and local shops, as well as neighborhood parks and community amenities. All units are occupied.
    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
    -73.92473
    Latitude
    40.742603

    Nearby Similar for Sale

    • New
      $1,499,000
      0.05 Acres

      Sunnyside Two-Family Brick House

      Two-family brick house in the heart of Sunnyside, NY.
      3921 48Th St, Sunnyside, NY 11104
      View Details
    • New
      $1,700,000
      0.04 Acres

      Sunnyside Triplex with Renovated Units

      Spacious, renovated Sunnyside triplex near transit and amenities.
      45-47 43Rd St, Sunnyside, NY 11104
      View Details
    • New
      $1,200,000
      0.05 Acres

      Sunnyside Duplex with Manhattan Views

      Semi-detached brick duplex in Sunnyside with Manhattan views.
      5054 39Th Pl, Sunnyside, NY 11104
      View Details
    • $99,000
      11,000 SF

      Established Sunnyside Anti-Aging Skin Care

      Fully functioning skin care center with established client base.
      4408-4424 Greenpoint Ave, Sunnyside, NY 11104
      View Details
    • $900,000
      3,684 SF

      Sunnyside Multifamily Investment Opportunity

      Three-story, six-unit building in vibrant Sunnyside neighborhood.
      45-55 40Th St, Sunnyside, NY 11104
      View Details
    • $5,900,000
      Pending

      Sunnyside Multifamily Opportunity

      Multifamily property for sale in Sunnyside, Queens.
      45-01/07 43Rd Ave, Sunnyside, NY 11104
      View Details

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 6-unit building in desirable Sunnyside neighborhood.
    Where is this apartment building located?
    The property is located at 4538 40Th St Sunnyside, NY.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Prime Location: Half a block from the 7 train, offering a quick commute to Midtown Manhattan.; - Income-Generating: A well-maintained 6-family building, perfect for investors or owner-occupants seeking rental income.; - Desirable Neighborhood: Located in Sunnyside, close to restaurants, cafes, shops, parks, and community amenities.
    (212) 961-6565
    Request Owner's contact information
    4538 40Th St Sunnyside, NY 11104
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4538 40Th St
    Sunnyside, NY 11104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    4538 40Th St Sunnyside, NY 11104
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.