459 42nd Street

New York NY 11232

6668 sq. ft.

2672 sq. ft.

Multi-Family

Last sold for $1,099,000

Renzhang Dan Dong, last sold this property on 21 April 2026 after 502 days on market.

Overview

*Investor Special – One of the units is currently vacant! Turnkey Income Property! Fantastic opportunity for investors or end users seeking strong immediate rental income, offering a solid 6.33% cap rate. Property will be delivered as-is with tenants in place.* Discover this rare gem—an 8-family building located in the heart of the sought-after Sunset Park neighborhood. Boasting eight spacious three-bedroom apartments across four stories, this property also includes a basement with a separate front entrance. • Building Dimensions: 27' x 65' • Lot Dimensions: 27' x 100' • Prime Location: Just minutes away from the vibrant 5th Avenue commercial district, brimming with dining, shopping, and entertainment options. Conveniently close to the R train, local buses, I-278, and the Belt Parkway, ensuring seamless accessibility. Zoning: R6B—offering significant growth and development potential. This is an investment opportunity you don’t want to miss! Act fast—it won't last!

Features

24 bedrooms

8 bathrooms

6668 sq. ft. floor area

2672 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 24 bedroom multi families sold in New York over the last 12 months.

Property history for 459 42nd Street

2026

Sold

$1,099,000

21 Apr 2026 by Renzhang Dan Dong, of RE/MAX Edge

Happy sellers in New York

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