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Niels Pennings

niels@nielspennings.com +1(917) 583-2567

$ 1,650,000

Est. payment -/mo

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Price Dropped by $45K

43-02 Newtown RD Astoria, NY 11103

5 Beds

4 Baths

1,998 SqFt

UPDATED:

10/19/2024 01:42 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,998 sqft

Price per Sqft $825

MLS Listing ID 3565352

Style Other

Bedrooms 5

Full Baths 4

Originating Board onekey

Rental Info No

Year Built 1930

Annual Tax Amount $8,260

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 22x84

Property Description

The property at 31-11 43rd Street (or 43-02 Newtown Road) in Central Astoria is an extremely rare opportunity to own a corner brick building consisting of 3 floors, 2 residential units, 1 commercial unit and a 4-car garage. The existing office could be used for residential based on the zoning subject to the buyer filing a job application to convert the office to residential. The second and third floor residential units have high ceilings, triple exposure, 10 windows, two bedrooms, an eat-in-kitchen, and a windowed bath. The ground floor commercial space has 11-foot ceiling heights with frontage on Newtown Road and 43rd Street. The full basement provides additional space for potential expansion. The property boasts a coveted 4-car garage. Location, location, location. The property is situated 3 blocks from Steinway Street, 1 block from 30th Avenue and 1 block from Broadway. Other Information: 43-02 Newtown Road/31-11 43rd Street Astoria, NY 11103 Block 693 Lot 36 Lot Size: 22.67 ? 97 Building Class S2 Tax Class 1 - Small Home, Less Than 4 Families R5 Zoning FAR 1.25 According to public records, the building has an existing gross floor area of 1,998 square feet with an unbuilt floor area of 312 square feet. The property is adjacent to a block that was recently upzoned. The building will be delivered vacant. Annual Property Tax: $8,260.16 Prospective buyers are advised to independently verify all information with the buyer's real estate attorney and architect.

Location

State NY

County Queens

Rooms

Basement Full

Kitchen 2

Interior

Heating Natural Gas, Hot Water

Cooling Window Unit(s)

Fireplace No

Exterior

Garage Attached, 4+ Car Attached

Garage Spaces 4.0

Parking Type Attached, 4+ Car Attached

Total Parking Spaces 4

Garage true

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Brick

New Construction No

Schools

Elementary Schools Ps 70

Middle Schools Is 10 Horace Greeley

High Schools William Cullen Bryant High School

School District Queens 30

Others

Senior Community No

Special Listing Condition None

Listed by Corcoran • 347-653-8010

Niels Pennings

Real Estate Advisor | RES.RES.0814910

+1(917) 583-2567

Niels Pennings

43-02 Newtown RD Astoria, NY 11103

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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43-02 Newtown RD