Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,530,000

· Closed March 11, 2025

41-07 47TH Avenue
Closed For Sale Multi Family

$3,530,000

$257 per sq ft

41-07 47TH Avenue

Sunnyside, Queens

MLS® #RLS11011529

RLS at REBNY

Listing by Corcoran Group

20

Bedrooms

20

Baths

13,752

Sq. Ft.

1933

Year Built

Quick Summary

Bedrooms 20
Bathrooms 20
Living Area 13,752 sq ft
Lot Size 5,000 sq ft
Year Built 1933
Ownership None
Property Taxes $95,040/yr
Neighborhood Sunnyside
Floor 1 of 4

Property Highlights

  • Views: Other
  • Outdoor Space: Patio
  • Climate Control: Other

Property Details

Type Multi Family
Ownership None
Total Rooms 50
Baths 20 Full
Floor 1 of 4
View Other
Cooling Other
Pets Yes
Year Built 1933
Living Area 13,752 sq ft
Structure Type Townhouse
Basement Other
Lot Size 5,000 sq ft
Block/Lot 00192/0005

Listing History

Event Date Price Change
Listed Sep 9, 2024 $3,850,000 -
Price Reduced Mar 12, 2025 $3,600,000 -6.5%
Currently May 7, 2026 $3,530,000 -1.9%

Description


Introducing 41-07 47th Ave, well managed rent stabilized building in heart of Sunnyside. Extraordinary opportunity for new ownership/investor to add to their existing portfolio since the building has recently undergone capital improvements, value add is there with slight tweaks, and lastly ability to utilize remaining FAR to develop.
Existing Building & Property Features: Current Zoning is R6A not landmarked, set on a 50' X 100' lot, the existing 4-story masonry building approx. 13,752SF. It currently consists of twenty (20) income-producing units: The layouts consist of a mix of one (1) bedrooms with certain ones being larger.
A bustling location right on 47th Ave nearby Queens Blvd with ever expanding restaurants, bars, coffee shops, galleries, grocery stores, shopping, supermarkets. Walk to the 7 subway line on 40th St-Lowery St around the corner providing easy access to Long Island City and Manhattan. This area is constantly being sought after and developed due to close proximity.
Reach out to request setup and any questions.
Though information is believed to be correct, it is presented subject to errors, omissions, changes, or withdrawal without notice. Buyers are advised to verify all information.

Features & Amenities

Interior Features

Smoke Free In Unit

Exterior Features

Private Outdoor Space Over60 Sqft Patio

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 20
Stories 4
Structure Townhouse

Financial Details

RE Taxes $95,040/yr ($7,920/mo)
Original Price $3,850,000
Sale Price $3,530,000
Previous Price $3,600,000

Sunnyside is a beloved Queens neighborhood known for its small-town atmosphere and exceptional convenience. Home to the landmarked Sunnyside Gardens, one of the first planned communities in the U.S., the area offers a unique blend of historic charm and modern diversity. The real estate market features a mix of well-maintained pre-war cooperatives, traditional multi-family brick houses, and a growing number of boutique condominiums, making it a top choice for those seeking value and community.

Sunnyside Live Market Data

View Neighborhood

Active Listings

15

Median Asking Price

$499K

Median $/Sqft

$683

Avg Days on Market

N/A

New This Week

2

Price Reduced

13%

Sold (30 Days)

1

Median Sale Price

$805K

Live data from RLS at REBNY • Updated 5/7/26, 11:15 AM EST

Location

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41-07 47TH Avenue, Sunnyside, Queens County

Building Information

Official NYC property records for this building

1933
Year Built
93 years old
4
Floors
20
Residential Units
R6A
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $983,250
Land Value: $180,000
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 5,000 SF
Building Area: 13,752 SF
Built FAR: 2.75
Allowed FAR: 3

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $95,040, or roughly $7,920 per month. Verify the current assessment with your attorney before closing.

This property has 20 bedrooms and 20 full bathrooms.

The listed interior living area is 13,752 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1933, making it approximately 93 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $3,530,000 for 13,752 sq ft, the asking price per square foot is approximately $257. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS11011529
First Listed: 9/24/2024
On Market: 9/9/2024
Price Changed: 3/12/2025
Closed: 3/11/2025
Contract Date: 9/9/2024

Listing Courtesy of Corcoran Group - Lauren Renee Bennett

Listing Contact: (718) 612-9922

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.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/7/2026 at 3:15 PM UTC

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