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    48-41 45Th St Queens, NY 11377

    For Sale
    $1,600,000

    Multi-Unit (5+) - Queens, NY

    Days on Market:
    182
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for 48-41 45Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage, Garage - Detached

    Building Details

    Architectural style
    Other

    GRAVITY REAL ESTATE ADVISORS LLC

    Listing agent Dimitrios Kapelonis

    Listing date Jun 16, 2025

    MLS# 11518157 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

    Queens Multi-Family Investment Opportunity

    This well-maintained 6-family building is located in Queens, specifically in the Sunnyside neighborhood. It presents a strong investment opportunity with three parking garages included. The property features three free-market units, offering potential for increased rental income. All six units are in excellent condition, suggesting minimal initial capital improvements may be needed. The units are also lead-exempt. The property is located in the 11377 postal code area.
    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
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.920425
    Latitude
    40.738159

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 6-family building in Sunnyside with rental upside.
    Where is this apartment building located?
    The property is located at 48-41 45Th St Queens, NY.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Strong investment opportunity in Sunnyside; - Three free-market units offer rental upside; - Three parking garages included
    (917) 579-1373
    Request Owner's contact information
    48-41 45Th St Queens, NY 11377
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    Queens, NY 11377
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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
    48-41 45Th St Queens, NY 11377
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