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Sunnyside Gardens home sells for record $1.9 million

Sunnyside Gardens home that sold for $1.9 million

July 31, By Nathaly Pesantez

A Sunnyside Gardens house sold for $1.9 million in April, a record sale price for the historic district, according to a local realtor.

The three-family, 2,112 square-foot home is located at 47-08 39th Avenue, near the intersection of 48th Street and 39th Avenue , and was sold on April 6, according to real estate documents.

Real estate records indicate that it was the highest sale price for a Sunnyside Gardens house.

The home was bought by 47-08 Building Generes LLC, according to NYC building records.

The $1.9 million home sold for $360,000 more than a nearby three-family Sunnyside Gardens home on 49th Street, bought for $1.54 million in May.

64 Comments

Anonymous

Thankful for my rent stabilized apt. I also have a co-op on the market,mostly due to pressure from several struggling relatives& a spouse worried that the bubble will burst & opportunity lost. Has anyone found the real arguments start AFTER you sell,& everyone comes out of the woodwork? Whoever commented on selling screen name,thanks. It was the first good laugh all day!




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Pat

SS is old. If I had 1.9 to spend on a house it wouldn’t be here. Not that its bad but who wants to live next to home depot and the school that’s coming. You must be crazy




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Make Sunnyside Great Again

Why such an a**hole to someone you don’t know? He posts a few stories about his life here and you have to be a d***. Go meet anonymous and spend your time belittling people. Your ugliness seems to make you two compatible. More sad, mean commenters.




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Anonymous

Really, ian daddy bought the houses when they were dirt cheap you didn’t. Daddy did.
2nd- what do you mean you allowed your daddy to sell HIS home?
You sound like a spoiled brat get off Mommy’s apron
3_the commute from whitestone is brutal, are you drunk?




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Ian

No I didn’t buy them… and yes my late father did. And when I say I allowed him to sell his home it was vs me buying it from him. Not drunk, cordial and polite… don’t see how you can get from midtown Manhattan to Whitestone via public transportation in less than a 1:00 or 1:15. You bitter about something? Are you okay?




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Anonymous

Ian your a clown that don’t know anything but Sunnyside. There is so much better out there.




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Sammy

Why not ? Sunnyside Gardens is beautiful. Period. Take a look at the three family homes for sale in Greenpoint right over the bridge. They are asking easily a million more and that’s on top of a super fund site with the G as your transport . Get ready folks, Sunnyside is about to change fast and let’s
hope it’s for the better .




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Ian

My father bought the first of three houses in the Garden (on 44th and 45th) in 1969 for $17,000. We still have a two family on 45th street and two garages on 43rd. Wish we held on to all of them. It’s a great area and anyone saying otherwise has never lived there.




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guy

So…I can’t think of any way to give or solicit contact information that isn’t likely to get us spam or pranks from the interesting folks who post in the comments here, but I am curious if you’d have any interest in talking about a sale of one of those garages. I’ve never seen one advertised for sale, and have been curious about what the going rate is these days….but based on your above comment I doubt you have any interest in selling right now!




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Ian

They’re rare for sure. I don’t even know what the price would be, but probably much less than what anyone would be willing to accept. We have one on 43rd and the other in that gated triangle at the corner of 43rd and 39th avenue. My brother and eldest daughter use them now.




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Sir Walter Raleigh

I sense a little jealousy among those who do not own homes in the Gardens! eat you heart out chumps. My wife and I made a smart decision back in 2000! now our house is worth 900K.




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Anonymous

2000 was almost 20 years ago. You can be a full grown adult with kids and have been a teenager in 2000. Where is the future for a normal, middle class person in NYC?




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bob

That is how it goes in NYC. Developers (the only few that can afford to buy for this amount) end up buying (redeveloping for rental profits) and jacking up the market values of near by homes. Thus, your average working middle class families can not afford to buy and settle in this area or they are not willing to spend as much. I used to think it was a good thing until I saw how it also increase your home taxes and has no value to homeowners unless they are selling. If you have rentals they become a lot harder to rent out for market value unless they are completely updated (which is very expensive).




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Al from sunnyside

The buyer should have bought a house in malba and bought a beautiful house with an in ground pool , nice size property, and a view of the bridge. And the surrounding neighborhood is much nicer. This area , face it, it looks dreary. This is Crazy. I agree with a previous post though, relatively low considering Brooklyn, there is still room for prices to climb.




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Ian

The commute from Malba (Whitestone) into midtown Manahattan is brutal. Sunnyside Gardens offers a 5 minute walk to the 7 train and a 15-20 minute ride to Grand Central.




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Spell Czech

Dreary? What is dreary about a Sunnyside? It has its faults but it’s not dreary.




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rikki

HOUSING INSPECTORS NOTE…..illegal 4th and 5th apartments to be built very soon……..the money is needed to pay the mortgage….

Neighbors please keep a very close eye on the property for signs of illegal construction




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Anonymous

did JVB put a dormer on his house in Sunnyside Gardens – just saying and was that legal –




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Meh

Realistically those prices doesn’t seem that expensive given our proximity to Manhattan and yet out of flood zones unlike LIC. Plus relative bargain next to much higher prices in Brooklyn even areas that are way more out of the way like Red Hook.

It shows there’s plenty headroom to go higher if it gets into catch up or Sunnyside becomes a trendier area
That said it hard to understand paying those prices when rents in the area simply won’t carry that mortgage unless its knock it down and build case. The Gardens are landmarked so that should preclude that here.




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guy

My guess would be that the plan may not be to mortgage the property, but to gut the inside (which landmark rules don’t touch) and combine the units into a large home. I think folks have done that with 2 family gardens properties before, don’t know about 3 though.

I’m hopeful myself that the high prices reflect some of the elements you mention, and are not simply a bubble. Time will tell I guess.




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Ian

It’s something I’d consider doing to our two family house on 45th Street. Still kicking myself that I allowed my father to sell my childhood home on 44th.




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guy

I’m not sure what that does to the total value–on the one hand you forego possible rental income, on the other hand you now have a real rarity when it comes to the size of the home (plus, I guess, two front doors, which is….neat?). But if you don’t want to be a landlord and have a high tolerance for or skill at renovation, it’s something worth mulling over. Yeah, if your father sold his property a decade ago or something he missed out on a pretty substantial payday. I kick myself for buying in 2014 instead of even 2012. My mortgage would be a lot smaller.




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Ian

At one point we had two 2-Family houses adjacent to one another (on 45th Street) and my childhood three story home on 44th Street. Love Sunnyside Gardens, so many great memories growing up.

The two family homes actually share a single entrance and could easily be turned into a larger one family residence.

The one thing I’m wondering is if anyone in the neighborhood has dug down and added beneath. I have to think most if not all of the Garden homes have basements. Technically you should be able to add beneath by digging down more.




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its still the best place in queens

as a note- landmark rules do include the inside of the house. i can say this with confidences as i attended most of the land mark meeting in the community center when it was open to public debate.reason is that there may be historical structure(s) within the house. stained glass moldings etc.




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everything old is new again

corner lot=teardown and new construction?
not sure if this could happen under landmark preservation rules unless jvb and friends would allow it under title 63 provisions?




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