Contacts
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Property Details
- Property Type Multi-Family
- Property Size 58,800 SF
- Units 60
- Cap Rate % 7.24
- Taxes / YR $250,714.00
- Zoning R6
- # of Floors 6
- Date Updated May 5, 2026
Investment Highlights
• A prominent six-story, elevator-serviced apartment building spanning approximately 58,800 gross square feet
• Situated on the east side of 40th Street, just 0.2 miles from the 7-subway line for an easy Manhattan commute
• Clean and well-maintained building with strong collections
• Features a strong mix of both fair-market and rent-stabilized apartments
• The property is a short walk to the iconic Sunnyside Arch on Queens Boulevard and the historic Sunnyside Gardens historic district
• Cash-flowing asset generating approximately $1,300,000 in gross annual income
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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96/100
Walk Score ®
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83/100
Transit Score ®
-
86/100
Bike Score ®
Location
- City Sunnyside, NY
- Neighborhood Sunnyside
- Zip Code 11104
Points of Interest
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46th Street–Bliss Street
0.39 miles
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52nd Street–Lincoln Avenue
0.70 miles
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Caprice
0.81 miles
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36th Street
0.84 miles
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Queens Plaza (E,M,R)
0.91 miles
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39th Avenue
0.96 miles
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Court Square
1.09 miles
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Midtown Operating
1.16 miles
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Platform A
1.17 miles
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LIRR Station Mezzanine
1.19 miles
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Shell
0.24 miles
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Speedway
0.24 miles
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Citgo
0.31 miles
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Mobil
0.36 miles
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Gulf
0.48 miles
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BP
0.48 miles
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Global
0.52 miles
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Exxon
0.62 miles
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Tesla Supercharger
2.10 miles
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ChargePoint
2.33 miles
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Private Parking Lot
0.27 miles
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MTP Park
0.68 miles
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FDNY Fleet Services
0.72 miles
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Central Parking System of New York, Inc.
0.73 miles
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LaGuardia Community College Parking Lot
0.79 miles
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Municipal Parking
1.45 miles
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Quik Park
1.69 miles
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MTA NYCT Emergency Response Unit
1.72 miles
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Connoly's Parking Lot
1.94 miles
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Motorgate Public Parking Garage
2.05 miles
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La Quinta Inn
0.28 miles
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City View Inn
0.57 miles
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Days Inn
0.58 miles
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Fairfield Inn Long Island City/Manhattan View
0.69 miles
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Feather Factory Hotel
0.88 miles
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Hilton Garden Inn
0.94 miles
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Fairfield Inn
0.94 miles
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Courtyard
0.95 miles
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Q4 hotel
0.95 miles
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Quality Inn
0.96 miles
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Superfresh
0.08 miles
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Green Valley Marketplace Sunnyside
0.24 miles
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Good Neighbors Sunnyside
0.30 miles
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Fresh N' Save Supermarket
0.36 miles
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Food Universe
0.42 miles
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Parrot Coffee Market Place
0.44 miles
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Fresh n Save Marketplace
0.70 miles
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Food Bazaar
0.83 miles
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Burlington
0.91 miles
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City Acres Market
0.93 miles
