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Sunnyside Multifamily Investment Opportunity
For Sale
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Pending

48-22 41st St Sunnyside, Ny, NY 11104

Six-unit rent-stabilized building in Sunnyside, Queens, built in 1929.

Property Size3,720 SF
Lot Size0.05 Acres
Days on Market174

Property Features for 48-22 41st St Sunnyside

General Information

Standard status Pending
Size 3,720 SF
Class C
Lot size 0.05 Acres
Property subtype Multifamily
Occupancy 100%
Investment Type Stabilized

Building Details

Year Built 1929
Buildings 1
Stories 3
Units 6
Listing Agency: KW Commercial Boca Raton East
Listed By: Stephen Molinari · License #3530706
Source: Crexi
Added: Mar 3 Changed: Aug 8 Last Checked: Aug 21 at 8:56AM

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 KW Commercial Boca Raton East

Investment Insights

Based on property information with market context.

Located in the heart of Sunnyside, Queens, this is a rare opportunity to acquire a six-unit rent-stabilized multifamily building. Constructed in 1929, this classic three-story brick property offers approximately 3,720 square feet of residential space on a 1,961 square foot lot. The building features six residential apartments and presents a stable, regulated income stream within New York City’s rent-stabilization framework. Sunnyside attracts strong tenant demand due to its close proximity to Manhattan, neighborhood retail corridors, restaurants, and community amenities. The property offers investors the opportunity to secure a well-located, regulated asset with long-term upside through rent guideline increases and operational efficiencies. This is a foundational Queens multifamily asset positioned for stable performance in one of NYC’s most resilient rental markets. The building has strong walkability with a Walk Score of 97 and excellent transit access with the 7 Train nearby.

Key Highlights

  • Rent‑stabilized 6‑unit building providing a stable, regulated income stream.
  • Located in Sunnyside, a highly desirable and transit‑oriented neighborhood in Queens.
  • Excellent transit access with the 7 train nearby.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Nursing Home (Bike/Boat/Book/etc) Store Acupuncture Bed & Breakfast

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

Location Intelligence

Trade Area within ½ mile

3,785
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 - Six-unit rent-stabilized building in Sunnyside, Queens, built in 1929.
Where is this apartment building located?
The property is located at 48-22 41st St Sunnyside Ny, NY.
What are key features of this property?
This property features: Rent‑stabilized 6‑unit building providing a stable, regulated income stream.; Located in Sunnyside, a highly desirable and transit‑oriented neighborhood in Queens.; Excellent transit access with the 7 train nearby.
(561) 305-6161 Call to check price and availability
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