3-Unit Triplex with
For Sale
$1,600,000
Pending
45-47 43 Street, Sunnyside, NY 11104
The first-floor residence has been renovated and includes an eat-in kitchen with new appliances.
Property Size2,322 SF
Days on Market12
Property Features for 45-47 43 Street
General Information
Standard status
Pending
Size
2,322 SF
Total Parking Spaces
1
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA, 1 x studio/1BA
Multifamily Units
3
Individually Metered Utilities
electricity, gas
Taxes and HOA fees
Annual Taxes
$10,976
Amenities
Finished,Full
3
Yes
Other
Finished, Full
No
2322
Building Details
Building Size
2,322 SF
Year Built
1931
Buildings
1
Stories
2
Listing Agency:
(516) 703-2918
Listed By:
Alex Switalski
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 31
Last Checked: Oct 31 at 3:24AM
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 Alex Switalski
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Investment Insights
Based on property information with market context.
This 2,322-square-foot, two-story triplex contains three living areas. The renovated first floor has one bedroom, a full bathroom, an eat-in kitchen with new appliances, and a living room. The second floor offers two bedrooms, a full bathroom, an eat-in kitchen, and a large living room. A finished basement studio has its own exterior entrance, kitchen, and full bathroom. A garage serves the property, which has three electric meters and two gas meters.
The property is near shopping, schools, parks, and public transit. A 7 train station is about six minutes away, with access to Manhattan and the Long Island Expressway also noted.
The property is near shopping, schools, parks, and public transit. A 7 train station is about six minutes away, with access to Manhattan and the Long Island Expressway also noted.
Key Highlights
- Three dwelling areas across the first floor, second floor, and finished basement studio
- 2,322 square feet in a two‑story building
- Renovated first floor with one bedroom, full bathroom, eat‑in kitchen, and new appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,760
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,135,200
$1.1M
Cap Rate 7%
$810,857
$810.9K
Cap Rate 9%
$630,667
$630.7K
Market Conditions
NOI Build-Up for 2,322 SF
Gross rent
$107.3K $46.20/SF
− Vacancy
−$4.1K −$1.76/SF
EGI
$103.2K $44.44/SF
− OpEx
−$46.4K −$20.00/SF
NOI
$56.8K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,135,200
Cap Rate 7%
$810,857
Cap Rate 9%
$630,667
Alternative Uses
Best Use
Apartment 5plus
$810.9K
$709.5K – $946.0K
NOI $56,760 @ 7.0% cap · market cap 3.55%
Second Best
Multifamily LT 5
$549.0K
$480.4K – $640.6K
NOI $38,433 @ 7.0% cap · market cap 2.40%
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M
NOI $119,826 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,170
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The first-floor residence has been renovated and includes an eat-in kitchen with new appliances.
Where is this triplex located?
The property is located at 45-47 43 Street Sunnyside, 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: Three dwelling areas across the first floor, second floor, and finished basement studio; 2,322 square feet in a two‑story building; Renovated first floor with one bedroom, full bathroom, eat‑in kitchen, and new appliances
