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  • 45-16 39th Place
  • $ 4,799,000
45-16 39th Place Sunnyside Queens NY 11104
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45-16 39th Place

Sunnyside   |   Queens Boulevard & 47th Avenue
Listing ID: 106938TH

  • $ 4,799,000
  • Bedrooms
  • Bathrooms
  • Low-RiseBuilding Type
  • 10,680/992 Approx. SF/SM

  • Details
    • Income PropertyOwnership
    • $ 34,663Anual RE Taxes
    • 22'x87'Building Size
    • 27'x100'Lot Size
    • 1931Year Built
    • ActiveStatus

45-16 39th Place Sunnyside Queens NY 11104
  • Description
  • Combined Offering of 45-16 and 45-18 39th Place in Sunnyside.

    20 Residential Rental Unit

    -12 Free Market
    -2 Gut Renovated
    -17 Renovated
    -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 a generational multifamily asset in the heart of Sunnyside, one block from the entrance to the 7 train.

    Family owned since the early 1960s, the property has been meticulously maintained over decades of ownership with a level of care rarely seen in multifamily assets of this scale. Comprised of two semi-attached 10-family buildings totaling 20 residential units, the property reflects true pride of ownership throughout, combining clean operations, strong physical maintenance, and long-term stewardship.

    Of the property's 20 residential units, 12 are free market, representing 60% of the portfolio. The asset is
    currently configured with 6 vacant units, including 4 free-market apartments, providing immediate leasing
    opportunity within one of Queens' most transit-oriented and supply-constrained residential submarkets.

    The property features 17 updated apartments, along with 2 newly constructed units, demonstrating a
    consistent history of capital improvements and operational care throughout the buildings.

    The unit mix consists of two walk-in ground-level two-bedroom units, with three upper residential floors
    featuring three one-bedroom apartments per floor.

    Opportunities to acquire multifamily assets of this scale and condition trade infrequently within Sunnyside, particularly assets combining legacy ownership, strong ownership oversight, and embedded upside.

    Combined Offering of 45-16 and 45-18 39th Place in Sunnyside.

    20 Residential Rental Unit

    -12 Free Market
    -2 Gut Renovated
    -17 Renovated
    -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 a generational multifamily asset in the heart of Sunnyside, one block from the entrance to the 7 train.

    Family owned since the early 1960s, the property has been meticulously maintained over decades of ownership with a level of care rarely seen in multifamily assets of this scale. Comprised of two semi-attached 10-family buildings totaling 20 residential units, the property reflects true pride of ownership throughout, combining clean operations, strong physical maintenance, and long-term stewardship.

    Of the property's 20 residential units, 12 are free market, representing 60% of the portfolio. The asset is
    currently configured with 6 vacant units, including 4 free-market apartments, providing immediate leasing
    opportunity within one of Queens' most transit-oriented and supply-constrained residential submarkets.

    The property features 17 updated apartments, along with 2 newly constructed units, demonstrating a
    consistent history of capital improvements and operational care throughout the buildings.

    The unit mix consists of two walk-in ground-level two-bedroom units, with three upper residential floors
    featuring three one-bedroom apartments per floor.

    Opportunities to acquire multifamily assets of this scale and condition trade infrequently within Sunnyside, particularly assets combining legacy ownership, strong ownership oversight, and embedded upside.


    Listing Courtesy of Corcoran Group
  • Contact
  • Matthew Coleman

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    Licensed Broker - President

    W: 212-677-4040
    M: 917-494-7209
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  • Matthew Coleman

    License

    Licensed Broker - President

    W: 212-677-4040
    M: 917-494-7209
    • Email Me
    • Download Contact

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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 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
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31 East 12th Street, New York, NY 10003
Tel: 212.677.4040 | Fax: 212.677.4041 | info@colemanrealestate.com
© 2026 by Coleman Real Estate.  All Rights Reserved
31 East 12th Street, New York, NY 10003
Tel: 212.677.4040
Fax: 212.677.4041
info@colemanrealestate.com

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31 East 12th Street, New York, NY 10003
T:   212.677.4040   |   Email:   info@colemanrealestate.com
T01.50.0.0 | Core: 50.0.0