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48-14 48th Street
Sunnyside NY 11377 US

$1,500,000

Active Listing ID 11939928
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3,960 square feet
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6.00 Bath (6 Full)
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Other

$1,500,000

Active Listing ID 11939928
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48-14 48th Street 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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 6

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1500000
  • unparsedaddress: 48-14 48th Street
  • postalcity: Sunnyside
  • stateorprovince: NY
  • country: US
  • postalcode: 11377
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 3960
  • livingareaunits: Square Feet
  • latitude: 40.738658
  • longitude: -73.918008
  • listagentfullname: Dimitrios Kapelonis
  • listagentemail: dkapelonis@gravityreg.com
  • listagentkey: 3yd-NYSMLS-204075
  • listagentmlsid: 204075
  • listofficekey: 3yd-NYSMLS-23650
  • listofficemlsid: 23650
  • disclaimer: Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • listingcontractdate: 2026-08-18
  • countyorparish: Queens
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 6, Bathroom 4, Bathroom 5, Bathroom 2, Bathroom 1, Bathroom 3
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.91801, 40.73866
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"GRAVITY REAL ESTATE ADVISORS LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"dkapelonis@gravityreg.com", "ListBrokerageCity":"NEW YORK", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"GRAVITY REAL ESTATE ADVISORS LLC", "ListBrokeragePhone":null, "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"167 Madison Avenue Ste 403", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":" 167 Madison Avenue Ste 403", "ListOfficeAddress2":"", "ListOfficeBrokerMlsId":"23650", "ListOfficeCity":"NEW YORK", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"10016", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Sunnyside, NY", "ListingURL":"https://listings.listhub.net/pages/NYSMLS/11939928/?channel=rexren", "MLSModificationTimestamp":"2026-08-18 14:30:26", "Neighborhoods":[{"Description":null, "Name":"Sunnyside"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":18771, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/18/2026 2:30:26 PM GMT
Source Updated Date: 9/5/2026 12:48:41 PM GMT

Courtesy of: Dimitrios Kapelonis, GRAVITY REAL ESTATE ADVISORS LLC, dkapelonis@gravityreg.com

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.