Sunnyside Gardens Brick
39-47 43rd St Queens, NY 11104
39-47 43rd St, Queens, NY, 11104
$1,499,000
For Sale
$1,499,000
Charming 5-bedroom townhouse in historic Sunnyside Gardens neighborhood.
Property Size7,000 SF
Lot Size0.06 Acres
Price / SF$214.14
Days on Market98
Property Features for 39-47 43rd St
General Information
- Standard status
- Active
- Size
- 7,000 SF
- Lot size
- 0.06 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1930
Listing Agency
(914) 282-8898
Listed by
Bianca Dalessio
(914) 282-8898
Source
Elliman
Added: Apr 11 Checked: Jul 17 at 3:21 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bianca Dalessio
Investment Insights
Based on property information with market context.
Located in the Historic Sunnyside Gardens neighborhood, this three-level brick townhouse features 5 bedrooms and 3 bathrooms. Situated on a 25' x 95' lot along Madison Court, the property offers greenery and connectivity. Configured as a three-level residence with a 25' x 28' building footprint, this property offers multiple possibilities. It can be used as a first-floor/basement owner’s duplex with a rental income-producing unit on the second floor, or converted into a single-family home spanning all three levels. The first-floor residence includes a foyer, formal living room with bay window, dining room, kitchen, full bathroom, and two bedrooms. The dining room opens to a paved patio and private courtyard. The second-floor residence includes a vestibule, formal living room, eat-in kitchen, full bathroom, and two bedrooms. The kitchen leads to a private terrace overlooking Madison Court. This level also provides access to a third-floor attic with high ceilings, currently used for storage with potential for additional uses. The property features a slate roof. The high-ceiling, walk-in basement is configured as a recreation space, complete with a bathroom, bedroom area, laundry, storage, and utility rooms. The basement has its own private rear entrance and connects to the home’s courtyard. Sunnyside Gardens is known for its streets, pre-war charm, and small-town feel. Residents have access to Manhattan via the 7 train, Q32/Q60 Buses, local cafes, restaurants, and small businesses, Sunnyside Gardens Park, and a year-round green farmers market. The bike score is 80, the walk score is 97, and the transit score is 99. Annual Taxes are $8,067.
Key Highlights
- Prime location in the highly desirable, historic Sunnyside Gardens neighborhood.
- Versatile three‑level layout provides options for owner's duplex with rental income or conversion to a single‑family home.
- Enjoy private outdoor spaces including a courtyard, patio, and terrace.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $176.4k | $25.20 |
| − Vacancy | −$10.9k | −$1.55 |
| EGI | $165.5k | $23.65 |
| − OpEx | −$49.7k | −$7.09 |
| NOI | $115.9k | $16.55 |
7,000 SF · lease $25.20/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$2.44M
$2.14M – $2.85M
NOI $171,111 @ 7.0% cap · market cap 11.42%
Second Best
Multifamily LT 5
$1.66M
$1.45M – $1.93M
NOI $115,861 @ 7.0% cap · market cap 7.73%
Theoretical Best
Office A
$5.16M
$4.52M – $6.02M
NOI $361,234 @ 7.0% cap · market cap 24.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Charming 5-bedroom townhouse in historic Sunnyside Gardens neighborhood.
Where is this triplex located?
The property is located at 39-47 43rd St Queens, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Prime location in the highly desirable, historic Sunnyside Gardens neighborhood.; Versatile three‑level layout provides options for owner's duplex with rental income or conversion to a single‑family home.; Enjoy private outdoor spaces including a courtyard, patio, and terrace.
