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45-16 39th Place, Queens NY 11104
45-16 39th Place, Queens NY 11104
New York>Queens>Sunnyside

45-16 39th PlaceQueens, NY 11104

For Sale

$4,799,000

Smart Buyer Rebate $59,988

45-16 & 45-18 39th Place

TWO SEMI-ATTACHED MULTIFAMILY BUILDINGS 20 UNITS 60% FREE MARKET

12 Free Market Units (60%)
6 Vacant Units (4 FM, 2 RS)
17 Renovated Apartments
2 Newly Constructed Units
Family-Owned Since Early 1960s
One Block from the 7 Train
Prime Sunnyside Location
Significant Lease-Up Opportunity
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 two contiguous multifamily buildings totaling 20 residential units in the heart of Sunnyside, Queens, just one block from the entrance to the 7 train.

Family-owned and meticulously maintained since the early 1960s, the property consists of two semi-attached 10-family buildings that reflect decades of attentive ownership, ongoing capital improvements, and strong physical maintenance.

The portfolio features 17 renovated apartments and 2 newly constructed units, demonstrating a consistent commitment to upgrading and preserving the asset. Of the 20 residential units, 12 are free market, representing 60% of the portfolio and providing investors with significant operational flexibility and long-term income growth potential.

The property is currently configured with 6 vacant units, including 4 free-market apartments, creating an immediate opportunity to increase occupancy and revenue through strategic lease-up. This combination of free-market exposure and vacancy-driven upside is rarely available within Sunnyside's highly sought-after and supply-constrained rental market.

The unit mix consists primarily of one-bedroom apartments, complemented by two ground-level two-bedroom units.

Opportunities to acquire multifamily assets of this scale, location, and ownership history trade infrequently within Sunnyside.

Listed by Vincent Joseph Prezioso

·

Corcoran Group

·

(718) 422-2932

Listed by Jennifer Hsu

·

Corcoran Group

Last updated June 26, 2026

·

Source: REBNY #RLS20099776

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeMulti-family
  • NeighborhoodSunnyside
  • Bedrooms22
  • Bathrooms10
  • Days on Prevu38
  • Taxes$63,480/year

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

06/24/2026
Listed by Corcoran Group
$4,799,000

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$71,985
Title Insurance
$21,596
Bank Attorney
$1,500
Mortgage Recording Tax
$73,904
Other Closing Costs
$4,000
Total
$176,985

Estimated closing costs are based on the list price of $4,799,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 45-16 39th Place

Association

Amenities

  • Pets Allowed: Building Yes, No

Exterior

Construction

  • Number Of Units Total: 10
  • Stories Total: 3
  • Structure Type: Townhouse
  • Year Built: 1931
  • Entry Level: 1

Measurements

  • Building Area Total: 1,914
  • Building Area Units: SquareFeet
  • Lot Size Area: 2,700
  • Lot Size Dimensions: 100
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $63,480.00

Interior

Features

  • Interior Features: Smoke Free

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 10
  • Bathrooms Total Integer: 10
  • Bedrooms Total: 22
  • Rooms Total: 42

Other

Location

  • City Region: Queens
  • Subdivision Name: Sunnyside
  • Tax Block: 00195
  • Tax Lot: 0036

Utilities

Equipment

  • Laundry Features: In Unit

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 22 bedrooms and 10 bathrooms in this multi-family home at 45-16 39th Place.

What are the annual taxes for 45-16 39th Place?

Annual taxes for this multi-family home are estimated at $63,480.

How does 45-16 39th Place compare to other multi-family homes in Sunnyside?

This multi-family home is listed 178% above the average price for multi-family homes in Sunnyside and has been on the market for 103 less days than the typical home in this area.

45-16 39th Place is a 22-bedroom, 10-bath multi-family home for sale in Queens NY 11104. On Prevu for 38 days at $4,799,000. This home is located in Sunnyside. The median listing price for multi-family homes in this area is $483,000. Additional amenities include private outdoor space. View other multi-family home listings in Queens.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 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 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.