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60-Unit Multifamily Property
For Sale
$8,600,000

47-51 40th Street, Sunnyside, NY 11104

Multifamily property featuring 60 units.

Property Size58,800 SF
Price / SF$146.26
Days on Market214

Property Features for 47-51 40th Street

General Information

Standard status Active
Size 58,800 SF
Property subtype Multi-Family
Zoning R6

Taxes and HOA fees

Annual Taxes $250,714

Building Details

Building Size 58,800 SF
Stories 6
Units 60
Listing Agency: Ariel Property Advisors
Listed By: Sam Schertz
Source: Commercialcafe
Added: Mar 27 Changed: Oct 25 Last Checked: Oct 24 at 1:30PM

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 Ariel Property Advisors

Rey
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Investment Insights

Based on property information with market context.

This multifamily property features 60 units. The property is suitable for residential income purposes and is classified as an apartment building. The total property size is 58800 square feet.

Key Highlights

  • Multifamily Property
  • 60 Units
  • Priced at $154,167/unit

Property Analytics

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Location Intelligence

Trade Area within ½ mile

4,958
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property featuring 60 units.
Where is this apartment building located?
The property is located at 47-51 40th Street Sunnyside, NY.
What is the asking price?
The asking price for this property is $8,600,000.
What are key features of this property?
This property features: Multifamily Property; 60 Units; Priced at $154,167/unit
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