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$1,500,000

for sale

3,960 ft²

$378 per ft²

18 rooms

11 beds

6 baths

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Listing by Gravity Real Estate Advisors, Real Estate Principal Office, 167 Madison Avenue, New York, NY 10016

Listing updated in the last 2 days

Common charges

Not applicable

Estimated payment

$9,149/mo

Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.

Taxes

$1,564/mo

Tax abatement

No info

About

Seller’s agent

/

Dimitri Kapelonis

Licensed Real Estate Broker

Gravity Real Estate Advisors

Description

Fully rented six-family walk-up in the heart of Sunnyside — one of the most stable small-multifamily markets in Queens. The building sits on a 25 x 100 lot with R5 / C1-2 zoning and contains five 2-bedroom apartments and one 1-bedroom. Two apartments are free market, four are rent stabilized.

Sunnyside is block after block of pre-war walk-ups with a deep working-renter base anchored by Manhattan and Long Island City employment.

Policies

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Home features

No info on home features

Building amenities

Services and facilities

  • Parking

    Garage

Wellness and recreation

No info on wellness and recreation

Shared outdoor space

No info on shared outdoor space

About the building

48-16 48th Street

48-16 48th Street, Woodside, NY 11377

Rental building inSunnyside

6 units

3 stories

1928 built

Property history

  • Price change: No changes
  • Days on market: Listed todayThis is the number of days the listing has been on StreetEasy.
DatePriceEvent

8/18/2026

$1,500,000

Listed by Gravity Real Estate Advisors

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Explore Sunnyside

Transit

LocationDistance

7at Bliss St–46th St

0.3 miles

7at Lincoln Av–52nd St

0.45 miles

7at Lowery St–40th St

0.48 miles

7at Rawson St–33rd St

0.79 miles

7at Woodside Av–61st St

0.91 miles

About Sunnyside

Sales

Median asking price

11 beds

$1.39M

Back in the 1920s, when Queens was mostly farmland, developers took advantage of the open space and quick commutes to Manhattan this area offered and built one of New York City's first planned communities. What resulted was a neighborhood full of charming homes with attached gardens that later become known as the Sunnyside Gardens Historic District. As the neighborhood expanded outside the planned borders, it nonetheless maintained a strong residential atmosphere.

Nowadays, most of the available homes are in the ubiquitous prewar brick buildings that dot the streets. These neatly kept buildings command reasonable rents and offer practical floor plans. Although Sunnyside is short on public spaces, lacking a major park or cultural venue, residents have adapted by turning the neighborhood's many restaurants and pubs into hangout spots.

Learn more about Sunnyside