22 Beds
10 Baths
1,914 sqft
$4,799,000
45-16 39TH Place, Queens NY, 11104
Price per sqft$2,507.31
Built in1931
Property size1,914 sqft
Property typeTownhomes
Overview
Active
Listed Jun 24, 2026
Updated 7 days ago
45-16 & 45-18 39th Place
TWO SEMI-ATTACHED MULTIFAMILY BUILDINGS 20 UNITS 60% FREE MARKET
12 Free Market Units (60%)
17 Renovated Apartments
2 Newly Constructed Units
Family-Owned Since Early 1960s
One Block from the 7 Train
Prime Sunnyside Location
Significant Lease-Up Opportunity
New Boiler
Extensive Capital Improvements
Ideal for 1031 exchange and/or owner/operator.
The combined offering of 45-16 & 45-18 39th Place presents a rare opportunity to acquire two contiguous multifamily buildings totaling 20 residential units in the heart of Sunnyside, Queens, just one block from the entrance to the 7 train.
Family-owned and meticulously maintained since the early 1960s, the property consists of two semi-attached 10-family buildings that reflect decades of attentive ownership, ongoing capital improvements, and strong physical maintenance.
The portfolio features 17 renovated apartments and 2 newly constructed units, demonstrating a consistent commitment to upgrading and preserving the asset. Of the 20 residential units, 12 are free market, representing 60% of the portfolio and providing investors with significant operational flexibility and long-term income growth potential.
The unit mix consists primarily of one-bedroom apartments, complemented by two ground-level two-bedroom units.
Opportunities to acquire multifamily assets of this scale, location, and ownership history trade infrequently within Sunnyside.
Inquire for Offering Memo
TWO SEMI-ATTACHED MULTIFAMILY BUILDINGS 20 UNITS 60% FREE MARKET
12 Free Market Units (60%)
17 Renovated Apartments
2 Newly Constructed Units
Family-Owned Since Early 1960s
One Block from the 7 Train
Prime Sunnyside Location
Significant Lease-Up Opportunity
New Boiler
Extensive Capital Improvements
Ideal for 1031 exchange and/or owner/operator.
The combined offering of 45-16 & 45-18 39th Place presents a rare opportunity to acquire two contiguous multifamily buildings totaling 20 residential units in the heart of Sunnyside, Queens, just one block from the entrance to the 7 train.
Family-owned and meticulously maintained since the early 1960s, the property consists of two semi-attached 10-family buildings that reflect decades of attentive ownership, ongoing capital improvements, and strong physical maintenance.
The portfolio features 17 renovated apartments and 2 newly constructed units, demonstrating a consistent commitment to upgrading and preserving the asset. Of the 20 residential units, 12 are free market, representing 60% of the portfolio and providing investors with significant operational flexibility and long-term income growth potential.
The unit mix consists primarily of one-bedroom apartments, complemented by two ground-level two-bedroom units.
Opportunities to acquire multifamily assets of this scale, location, and ownership history trade infrequently within Sunnyside.
Inquire for Offering Memo
$31,928/mo
Est. mortgage payment based on a $4,799,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- RLS20099776
Interior Features
- Bedrooms
- 22
- Bathrooms
- 10
- Basement
- No
Exterior Features
- Lot Size
- 0.06 Acres
Other Property Details
- Taxes
- $63,480
- Tax Frequency
- Annually
Listing Courtesy of Corcoran Group - Vincent Joseph Prezioso
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved
RLS Data display by Corcoran. Data last updated on 9/13/2026 at 2:55 AM UTC
