The Forray Team at The Corcoran Group presents 39-29 47th Avenue, a fully remodeled Ultra Rare 10 Unit mixed-use property in Sunnyside, Queens. This investment comprises six residential units (5 free market & 1 rent stabilized) and four commercial spaces, offering a balanced income stream in a high-demand rental market. Redeveloped in 2018, the property blends classic architecture with modern amenities. Residential units feature high-end finishes, including stainless steel appliances, in-unit washers and dryers, and hardwood flooring, appealing to quality-conscious tenants. Located near the 7 train at 40th Street–Lowery Street, tenants enjoy swift access to Midtown Manhattan. The neighborhood offers a variety of amenities, with a café, deli, office & LessageLaser Spa, a premier skincare clinic, situated within the building. Financially, the property demonstrates robust performance with favorable tax class 2B status, a current NOI of $272,953, reflecting a 5.46% cap rate based on a $5,000,000 purchase price. Projections indicate potential growth, with NOI projected up to $304,000 with improvements and further future growth with rising rents for both residential and commercial units. Sunnyside has experienced a 7.8% increase in rental demand from 2023 to 2024, underscoring the area's growth potential. With modern upgrades, prime location, and strong financial metrics, 39-29 47th Avenue represents an exceptional investment opportunity in one of Queens' most desirable neighborhoods.