3929 47th Avenue, Sunnyside, NY 11104 - Photo 1

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$3,500,000 Just Listed

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Active
Commercial
Updated 2 days ago

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Property Description

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 CONTACT ME FOR FULL DETAILS 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.

Full Property Details

Full Property Details for 39-29 47th Ave

General

Price: $3,500,000
Taxes: $27,577
Status: Active
Type: Commercial
Source: Long_Island
MLS ID: 1068236
Updated: 10/29/2026
Added to Site: 2 day(s) ago

Parking

Parking Features: None

Location

County: Queens

School Information

High School District: Contact Agent

Heating & Cooling

Cooling Type: Electric
Heating Type: Electric

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Available

Structural Information

Detached/Attached: Attached
Construction: Brick
Basement: Yes
Basement Desc.: Common
Building Size: 6624
Square Feet: 6,624
Year Built: 1931

Lot Features

Lot Size (Acres): 0.0551
Lot Size (Sq. Ft.): 2,400
Zoning: R5D

Financial Considerations

Tax Amount: $27,577.84

Disclosures and Reports

Special Conditions: None
Property ID: 00194-0006

Listed by Modern Spaces Love Your Place

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Schools

Schools serving 39-29 47th Ave

School District:New York City Geographic School District 24

Name	Grades	Distance
Ps 199 Maurice A Fitzgerald 39-20 48th Ave, Queens, NY 11104	PK-5	0.2 mi
Is 125 Thomas J Mccann Woodside 46-02 47th Ave, Queens, NY 11377	6-8	0.4 mi
Long Island City High School 14-30 Broadway, Queens, NY 11106	9-12	1.7 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 39-29 47th Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/29/2026

Listed

$3,500,000

49.25%

MLS

1/25/2018

Sold

$2,345,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 39-29 47th Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$55,426

3%

$443,409

-13%

2024

$53,717

8%

$509,400

28%

2023

$49,738

10%

$397,838

-44%

2022

$45,188

8%

$709,650

17%

2021

$41,841

-2%

$605,250

3%

2020

$42,543

3%

$587,700

-9%

2019

$41,225

14%

$648,900

112%

2017

$36,041

—

$306,029

8%

2017

$36,041

7%

$283,361

8%

2016

$33,825

—

$262,372

—

2015

$33,801

9%

$262,372

3%

2014

$30,944

6%

$254,239

8%

2013

$29,280

—

$235,407

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 39-29 47th Ave

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3929 47th Avenue, Sunnyside, NY 11104 (MLS# 1068236) is a Commercial property. 3929 47th Avenue is currently listed for $3,500,000 and was received on October 29, 2026. Want to learn more about 3929 47th Avenue? Do you have questions about finding other Commercial real estate for sale in Sunnyside? You can browse all Sunnyside real estate or contact a Coldwell Banker agent to request more information.

39-29 47th Ave Sunnyside, NY 11104