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For Sale

48-14 48th Street

Sunnyside, NY 11377

$1.5M
6 BA · 3,960 sf
The residence

Fully rented six-family walk-up in the heart of Sunnyside - one of the most stable small-multifamily markets in Queens. The building sits on a 25 x 100 lot with R5 / C1-2 zoning and contains five 2-bedroom apartments and one 1-bedroom. Two apartments are free market, four are rent stabilized. Sunnyside is block after block of pre-war walk-ups with a deep working-renter base anchored by Manhattan and Long Island City employment. The 7 train at the 46th St-Bliss St and 52nd St stations puts tenants at Grand Central in roughly 10 minutes. Strong in-place income at actual rents - an ideal fit for an owner-operator or 1031 buyer seeking durable cash flow in a proven rental pocket. Full setup, rent roll, and operating statement available upon request.

At a glance
Property type
Status
Active
Living area
3,960 sf
MLS#
11939928
Beds · Baths
0 · 6
Location

Sunnyside, NY.

Sunnyside, New York, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.

Estimated Monthly Payment+
$7K/mo
Approximate · principal & interest only
Display Currency
$1.5M

Indicative conversion — settlement always in USD.

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Listing courtesy of GRAVITY REAL ESTATE ADVISORS LLC · NYSMLS

My State MLS / New York State MLS.Listing data is provided by My State MLS / New York State MLS for the personal, non-commercial use of consumers, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Information is deemed reliable but is not guaranteed accurate and should be independently verified.

Listings updated Aug 18, 2026

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