47-22 46th Street — Sale in Sunnyside, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Sunnyside, NY 11377

Investment Figures

Cap rate
6.90%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to offer 47-22 46th Street an opportunity to acquire a well-located, six-unit multifamily building in the heart of Sunnyside, Queens. The property is 50% Free Market, offering investors immediate in-place cash flow with the ability to further increase revenue through continued unit turnover. Investment Highlights: • 47-22 46th Street, built in 1928, is a multi-family asset, comprised of 6 units, approx. 4,920 SF. • 50% Free Market | Tax Class: 2A | Zoning: R5 • Conveniently located just two short blocks from the 46th Street - Bliss Street subway station on the 7 train, the property benefits from exceptional accessibility to Midtown Manhattan and Queens.

Market Context

This multifamily in Sunnyside, NY is listed for sale. It is offered at an approximate 6.9% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Sunnyside, NY — view the full market.

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