Cushman & Wakefield is pleased to present to market 48-36 41st Street (The Anthony), located
in Sunnyside, Queens. The 5,200 SF, six-unit property is located between Greenpoint Avenue and
50th Avenue, two blocks from the 40th Street '7' train station.
Renovated to the studs in 2020, the property received over $1,000,000 in upgrades and is brand new
bar the exterior walls. The property boasts exceptionally thoughtful floor-plans, utilizing space rarely
seen in pre-war renovations. The Anthony is outfitted with mini-split systems for all units, stainless steel
appliances, and Washer/Dryers in each unit.
The property is currently 100% occupied with an average rent of $73/SF providing stable cash-flow for
investors. Yearly rental growth has been consistently in the 6-8% range since first lease-up and lease
expirations are timed up well with the summer leasing season.
ASSUMABLE FINANCING AVAILABLE: Freddie Mac loan at 3.39% interest rate until 2031.