3929 47th Avenue

Introducing 39-29 47th Avenue — a fully remodeled 10-unit mixed-use asset in the heart of Sunnyside, Queens. This income-producing property consists of six residential units (5 free-market, 1 rent-stabilized) and four commercial spaces, delivering a diversified and balanced revenue stream in one of Queens’ most stable rental corridors. 7.5% CAP RATE Renovated in 2018, the building seamlessly blends classic brick architecture with modern upgrades. The residential units are finished to today’s tenant expectations, featuring: Stainless steel appliances In-unit washers and dryers Hardwood flooring Updated kitchens and baths These high-end finishes attract quality tenants and support strong rental positioning. Positioned just moments from the 40th Street–Lowery Street station on the 7 train, residents enjoy direct and convenient access to Midtown Manhattan. Sunnyside continues to thrive as a high-demand rental market.