One of Sunnyside's few legal three-family homes is for sale by owner.
The building is all brick, not a frame house and it is located 2 blocks away from 7 train station.
It is a fantastic investment opportunity and has three apartments, one on each floor of the property.
One apartment fully renovated 2 years ago, another fully renovated 4 months ago (has a large balcony) and the 3rd in great move in condition.
Rent generated each month: $8,000.
The house will be delivered with 2 units tenant occupied ($2500 and $3000 monthly) The ground floor apartment with the garden will be vacant (potential rent 2500 -2650)
Purchase today before prices begin to rise as mortgage rates decline.
Note:
Please call after 4 PM or contact via email.
Only pre-qualified buyers will be considered
Active
$1,565,000
47-09 38th St UNIT 1, Long Island City, NY 11101
4beds
2,200sqft
Multi Family
Built in 1940
-- sqft lot
$1,263,700 Zestimate®
$711/sqft
$-- HOA
What's special
All brickLarge balcony
- 6 days
- on Zillow |
- 622 |
- 31 |
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 05:12pm
Listing by:
Source: StreetEasy,MLS#: S1766425
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Dishwasher
Features
- Flooring: Hardwood
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard, Balcony, Garden
- Has view: Yes
- View description: Garden
Details
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1940
Community & HOA
Community
- Subdivision: Sunnyside
HOA
- Services included: Maintenance
Location
- Region: Long Island City
Financial & listing details
- Price per square foot: $711/sqft
- Annual tax amount: $8,400
- Date on market: 4/21/2025
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