Ekip Forray nan The Corcoran Group prezante 39-29 47th Avenue, yon pwopriyete melanje 10 inite ki remode tout antye, ki ra anpil nan Sunnyside, Queens. Envestisman sa a gen ladan sis inite rezidansyèl (5 sou mache lib ak 1 ki estabilize lwaye) ak kat espas komèsyal, sa ki ofri yon sous revni ki balans nan yon mache lwaye ki gen gwo demann.

Redevlope an 2018, pwopriyete a melanje achitekti klasik ak amenajman modèn. Inite rezidansyèl yo gen fini ki wo kalite, enkli aparèy an fè pur, machin lave ak sèch an inite, ak planche an bwa, ki atire lokatè ki konsyan sou kalite.

Sitiye tou pre tren 7 nan 40th Street-Lowery Street, lokatè yo jwi aksè rapid nan Midtown Manhattan. Kote a ofri yon varyete de amenajman, ak yon kafeterya, deli, biwo ak Lessage Laser Spa, yon klinik swen pou po premye klas, ki sitiye nan bilding lan.

Finansyèman, pwopriyete a montre yon bon pèfòmans ak yon estati taks ki favorab nan klas 2B, ak yon NOI aktyèl de $272,953, ki reflete yon pousantaj kap 5.46% baze sou yon pri acha de $5,000,000. Pwojeksyon montre potansyèl kwasans, ak NOI ki predi rive jiska $304,000 ak amelyorasyon ak plis kwasans nan lavni ak ogmantasyon lwaye pou tou de inite rezidansyèl ak komèsyal. Sunnyside te fè eksperyans yon ogmantasyon de 7.8% nan demann lwaye soti an 2023 rive an 2024, sa ki soulinye potansyèl kwasans zòn nan.

Avèk amelyorasyon modèn, yon bon kote, ak bon metrik finansye, 39-29 47th Avenue reprezante yon opòtinite envestisman eksepsyonèl nan youn nan katye ki pi desizab nan Queens.

The Forray Team at The Corcoran Group presents 39-29 47th Avenue, a fully remodeled Ultra Rare 10 Unit mixed-use property in Sunnyside, Queens. This investment comprises six residential units (5 free market & 1 rent stabilized) and four commercial spaces, offering a balanced income stream in a highdemand rental market.

Redeveloped in 2018, the property blends classic architecture with modern amenities. Residential units feature high end finishes, including stainless steel appliances, in-unit washers and dryers, and hardwood flooring, appealing to quality-conscious tenants.

Located near the 7 train at 40th Street-Lowery Street, tenants enjoy swift access to Midtown Manhattan. The neighborhood offers a variety of amenities, with a caf , deli, office & Lessage Laser Spa, a premier skincare clinic, situated within the building.

Financially, the property demonstrates robust performance with favorable tax class 2B status, a current NOI of $272,953, reflecting a 5.46% cap rate based on a $5,000,000 purchase price. Projections indicate potential growth, with NOI projected up to $304,000 with improvements and further future growth with rising rents for both residential and commercial units. Sunnyside has experienced a 7.8% increase in rental demand from 2023 to 2024, underscoring the area's growth potential.

With modern upgrades, prime location, and strong financial metrics, 39-29 47th Avenue represents an exceptional investment opportunity in one of Queens' most desirable neighborhoods.