For Sale

Listed by Franco Rinaldi from Compass

Source: OneKey #H6245323

5-46 51st Ave, New York, NY, 11101

$3,400,000

6
6
5915 sq. ft.

MultiFam

30+ days on the market

What's around 5-46 51st Ave

About this property

Just listed! *Trophy* red brick / double barrel front multi-family located at the absolutely unique and exciting Vernon / Jackson intersection in the heart of Hunters Point, Long Island City. This truly one of a kind, pre-war, 3-story walk-up sits on a 25ft x 100ft lot, boasting a unique and exciting expression of classical detail in a truly one-of-a-kind offering. Features include beautiful moldings with high ceilings and gorgeous wood finishes, and contemporary upgrades, including separate meters. With approximately 4,875 sq ft of living space plus 816 sq ft of outdoor space, this property offers endless possibilities ranging from investment / development to primary home. Located just steps away from the 7 train at Vernon / Jackson and the East River Ferry, a variety of mass transit commuter options ensures a well performing investment well situation for access to NYC's next iteration as the cornerstone of the global economy, not to mention a stone's throw from LIC's prime waterfront and skyline views just outside your door. With an annual rental income of $168,00 and total annual expenses of $28,592, the net rental income is $139,408, resulting in a CAP rate of 4.1%. Don't miss out on the opportunity to own this remarkable and one of a kind property that will stand as the cornerstone of any investment portfolio.

Looking for more information on 5-46 51st Ave?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$3,199,000
5-46 51st Ave
New York NY 11101
6
6
Multi-Family
Listing courtesy of Daniel Gale Sothebys Intl Rlty
For Sale
$1,388,888
47-19 38th St
New York NY 11101
6
3
3
Multi-Family
Listing courtesy of Apple Realty Group Corp
For Sale
$1,999,999
3169 32nd Street
New York NY 11101
6
3
Multi-Family
Listing courtesy of Prime Realty

Other properties for sale by Compass

For Sale
$2,950,000
251 Montrose Avenue
New York NY 11206
2
3
Single-Family
Listing courtesy of Compass
Pending
$1,195,000
5B/2 Northside Piers
New York NY 11211
1
1
Condo
Listing courtesy of Compass
For Sale
$1,795,000
303 Humboldt Street
New York NY 11211
5
4
Single-Family
Listing courtesy of Compass

Browse properties sold in nearby areas

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent