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4524 42nd St
Sunnyside, NY 11104
Multifamily Property For Sale · 20 Units

PROPERTY FACTS

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.11 AC
Building Size 14,340 SF
Average Occupancy 100%
No. Stories 4
Year Built/Renovated 1929/2018
Zoning R6A

ABOUT 4524 42ND ST , SUNNYSIDE, NY 11104

The subject property is a 20-unit four-story brick building with PRIME COMMUTER location; 5 min. walk to the 7 train, 20 min. to midtown, short bike ride to Greenpoint, Brooklyn. The building consists of (12) two bedroom apartments, (2) one bedroom apartments, and (6) studio apartments. Easy to rent, stable income flow. Below market rent allows room for increase. Low expenses and maintenance will result in high net income. 14 units have been renovated. The building also features an updated gas boiler, and a separate hot water tank. On site super manages and maintains the building; perfect setup for worry free ownership. Sunnyside is a vibrant, diverse neighborhood that has seen some of the highest increases in property values. Its prime location makes it ideal for investment.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 20 - 750

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00192-0040
Land Assessment
$180,000
Improvements Assessment
$329,850
Total Assessment
$509,850
  • Listing ID: 13840656

  • Date on Market: 9/20/2018

  • Last Updated:

  • Address: 4524 42nd St, Sunnyside, NY 11104

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