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Multifamily

47-22 46th Street

47-22 46th St, Sunnyside, NY 11377

Listing Price: $2,100,000

Cap Rate
6.90%
Number of Units
6
GRM
9.79
Price/Unit
$350,000
Price/Gross SF
$426.83
Gross SF
4,920

Investment Overview

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.

Exclusively Listed By

Financing By

Multifamily

47-22 46th Street

Listing Price: $2,100,000

Cap Rate
6.90%
Number of Units
6
GRM
9.79
Price/Unit
$350,000
Price/Gross SF
$426.83
Gross SF
4,920

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.

Investment Overview

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.

Exclusively Listed By

Financing By

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