Located on a quiet tree-lined block in the heart of Sunnyside, Queens, 47-44 44th Street presents an excellent opportunity to acquire a well-maintained six-unit, rent-stabilized investment property in one of New York City's most desirable neighborhoods. Sunnyside is known for its strong rental demand, convenient access to Manhattan via the 7 train, vibrant local restaurants, parks, and neighborhood charm.
The property is currently producing approximately **$144,000 in actual annual income** and has benefited from several recent capital improvements, including **brick pointing, new exterior stucco, and a recently replaced oil burner**, helping to reduce future maintenance costs. This is an ideal opportunity for investors seeking stable cash flow with long-term upside in a highly sought-after Queens location.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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