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Semi-Attached Multifamily Buildings

4516 39th Place Sunnyside, NY 11104

4516 39th Place, Sunnyside, NY, 11104
$4,799,000
For Sale
$4,799,000

Two semi-attached multifamily buildings totaling 20 units, with a mix of renovated, newly constructed, and vacant apartments.

Days on Market30

Property Features for 4516 39th Place

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1931
Listing agency Corcoran
Listed by Vincent J. Prezioso
Source Cohenandcohenrealty
Added: Jun 24 Updated: Jul 22 at 11:01AM Checked: Jul 22 at 11:01AM

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 Corcoran


Investment Insights

Based on property information with market context.

The offering includes two semi-attached multifamily buildings containing 20 residential units. The portfolio includes 12 free market units, along with 17 renovated apartments and 2 newly constructed units. There are currently 6 vacant units, including 4 free market and 2 rent-stabilized apartments.

The buildings are described as one block from the entrance to the 7 train in Sunnyside, Queens. The owner notes family ownership and maintenance since the early 1960s, with an emphasis on capital improvements, including a newly installed boiler.

Unit mix is primarily one-bedroom apartments, complemented by two ground-level two-bedroom units, providing flexibility within the current residential configuration.

Key Highlights

  • Two semi‑attached multifamily buildings on 39th Place: 20 residential units total
  • 60% free market—12 free market units plus 6 vacant units (4 free market, 2 RS) for lease‑up potential
  • 17 renovated apartments and 2 newly constructed units

Property Analytics

Location Intelligence

Current Use by Public Records

1031 exchange properties

Suggested Use

Law Firm Nursing Home Acupuncture Nursing Home (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store Adult Day Care Tattoo & Piercing Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Two semi-attached multifamily buildings totaling 20 units, with a mix of renovated, newly constructed, and vacant apartments.
Where is this apartment building located?
The property is located at 4516 39th Place Sunnyside, NY.
What is the asking price?
The asking price for this property is $4,799,000.
What are key features of this property?
This property features: Two semi‑attached multifamily buildings on 39th Place: 20 residential units total; 60% free market—12 free market units plus 6 vacant units (4 free market, 2 RS) for lease‑up potential; 17 renovated apartments and 2 newly constructed units
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