For sale
$1,200,000
Multifamily property
4522 40th StSunnyside, NY 11104
Listing courtesy of UNIVERSAL REALTY GROUP NY CORP · MyStateMLS #12051875
For sale
$2,400,000
11,424 SF building
70-02 & 70-04 65 PlaceGlendale, NY 11385
Multifamily property · MLS 11979668 · Listed 52 days ago (Sep 14, 2026)
Active: Listed and available according to the MyStateMLS feed.
About this property
RARE INVESTMENT OPPORTUNITY - TWO WELL-MAINTAINED 6-FAMILY BUILDINGS (12 UNITS & 2 PARKING SPACES) SOLD TOGETHER An exceptional opportunity to acquire two well-maintained 6-family apartment buildings being offered together as one investment package. The properties are in excellent condition and present a strong, income-producing asset for an investor seeking a stable multifamily investment. The combined properties generate approximately $200,000 in annual gross income and offer an approximately 5% capitalization rate. All apartments are currently occupied, providing immediate rental income and eliminating the need for a major lease-up or renovation program. There are also two spacious parking spaces available on the premises for rent. Both buildings have been carefully maintained and are in excellent overall condition. This is a turnkey investment with established rental income and significant long-term potential. A rare opportunity to acquire a 12-unit and 2 parking space multifamily portfolio in a single transaction. Properties like this, combining strong income, excellent condition, and full occupancy, are rarely available as a package. Serious and qualified investors are encouraged to inquire for additional financial and property information.
Description provided by the listing brokerage.
Key facts
- Asking price
- $2,400,000
- Status
- For sale
- Property type
- MultifamilyFrom the MLS property class
- Building area
- 11,424 SFSource field LivingArea
- MLS number
- 11979668
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $2,400,000
- Price per SF of building
- $210/SFAsking price ÷ 11,424 SF reported building area
- Annual taxes
- $31,906
Building and site
- Units
- 12From the listing description
- Stories
- 3
- County
- Queens County
Investment figures reported in the description
- Cap rate
- 5% (actual or pro forma not stated)"…me and offer an approximately 5% capitalization rate. all apartments are currently…"
These figures are as written by the listing agent, without a stated period or supporting statements. Commercial Only does not calculate or verify them. Ask for rent rolls, operating statements and leases before relying on any figure.
Reported features
- Natural gas (from a listing field)
- Near public transit (from a listing field)
- Public water (from a listing field)
- Parking reported (from the description)“…-family buildings (12 units & 2 parking spaces) sold together an exceptional…”
A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.
Listing details
Basement
- Unfinished
Construction
- Brick
Roof
- Flat
Water
- Public (Water Source)
Sewer
- Other
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Glendale or multifamily property in Glendale.
Why this listing is on Commercial Only
- Multi-unit income property class. (PropertyTypeDetail: multi-5-plus)
How listings qualify. Something wrong? Report it.
Price and status history
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
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Guides
Listing courtesy of TIP TOP REALTY MANAGEMENT CORP. Listing agent: John Suarez. Listings provided by MyStateMLS.
Listing last modified at the source Sep 23, 2026, 2:17 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 5, 2026, 1:31 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.