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Walk-Up Multifamily Building
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41-47 48th Street, Sunnyside, NY 11104

Three-story walk-up multifamily with two brand-new duplex one-bedroom units and four three-bedroom apartments.

Property SizeContact for details
Days on Market122

Property Features for 41-47 48th Street

General Information

Standard status Active
Property subtype Multifamily

Building Details

Stories 3
Tenancy Multi
Listing Agency: Swain Realty Group
Listed By: Swain Weiner · License #10491203023
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 5:12AM

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 Swain Realty Group

Investment Insights

Based on property information with market context.

The subject property is a three-story walk-up multifamily building containing two brand new duplex apartments with one bedroom and 1.5 baths, along with four additional apartments with three bedrooms. Three of the apartments are free market. Upgrades include a gas boiler approximately four years old and a roof approximately ten years old.

The building is located on the east side of 48th Street between 43rd and Skillman Avenue, in the Sunnyside area. Public remarks indicate a two-minute walk to the 7 train and nearby bus lines, along with surrounding day-to-day necessities.

This configuration offers a mix of duplex style one-bedroom units and larger three-bedroom apartments within a single walk-up structure.

Key Highlights

  • Three‑story walk‑up multifamily building with 6 apartments total
  • Two brand‑new one‑bedroom/1.5‑bath duplex apartments
  • Four three‑bedroom apartments; three units are free market

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Acupuncture Skin Care Clinic Hair Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,381
Businesses Nearby

Demographics for 11104, NY

27,407
Population
13,224
Households
2.1
Avg Household Size
39
Median Age
51%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
68,518
Density / Sq Mi
$84,716
Median Household Income
$60,346
Median Earnings
$1,924
Median Rent
$665,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story walk-up multifamily with two brand-new duplex one-bedroom units and four three-bedroom apartments.
Where is this apartment building located?
The property is located at 41-47 48th Street Sunnyside, NY.
What are key features of this property?
This property features: Three‑story walk‑up multifamily building with 6 apartments total; Two brand‑new one‑bedroom/1.5‑bath duplex apartments; Four three‑bedroom apartments; three units are free market
More about this property
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