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About This Home

This 3-bedroom, 2-bathroom residential multi family at 4201 Newtown Road in Astoria, NY is listed for $999,000. Built in 1930, on a 0.05 acres lot.

Agent Description

Welcome to 42-01 Newtown Road, a rare opportunity to own a legal two-family home currently configured and enjoyed as a spacious single-family residence in the heart of Astoria. Thoughtfully laid out across three levels, this unique property combines flexibility, functionality, and an unbeatable Queens location.

The first floor features an oversized sunlit living room, a generously sized eat-in kitchen with ample cabinet space, and a full bathroom, creating an inviting layout ideal for both everyday living and entertaining. Upstairs, the second level offers three well-proportioned bedrooms, additional closet space, and a full bath.

The finished lower level provides valuable bonus space including a recreation area, laundry/boiler room, and separate storage room - perfect for a home office, gym, media room, or guest overflow. Currently utilized as a one-family home, the property retains its legal two-family designation, presenting future owners with excellent flexibility and long-term value potential.

Low annual Real Estate Taxes: $5,958 Situated in one of Astoria's most vibrant and sought-after neighborhoods, residents enjoy immediate access to renowned restaurants, cafes, local bakeries, nightlife, and shopping along Steinway Street, Broadway, and Ditmars Boulevard.

Outdoor enthusiasts will appreciate proximity to Astoria Park, featuring waterfront walking paths, tennis courts, running tracks, and spectacular Manhattan skyline views. Commuting is exceptionally convenient with nearby access to the R/M subway lines at Steinway Street and the N/W lines at Astoria Boulevard, offering quick service into Manhattan.

Multiple bus routes, easy access to the Grand Central Parkway and BQE, and close proximity to LaGuardia Airport further enhance the location's accessibility. A rare Astoria offering with flexible use potential, generous living space, and an outstanding location close to everything Queens has to offer.

Key Features

  • Built in 1930
  • 0.05 acre lot

Property Details

2 full
1930

Monthly Cost Estimate

$5,343/mo

20% down · 6.5% · 30 years

Principal$722
Interest$4,329
Insurance$291

Estimates only. Actual payments may vary.

Location

4201 Newtown Road

Astoria, NY 11103

Features & Amenities

Interior Features

First Floor Full Bath

Property Details

Construction

Brick

Parking

Off Street

Heating

Oil

Questions & Answers

This 3-bedroom, 2-bathroom residential multi family at 4201 Newtown Road is listed at $999,000. The estimated monthly payment is $4,329 based on 20% down at 6.5% interest.

Key features include: Built in 1930, 0.05 acre lot. Interior Features: First Floor Full Bath.

This property is listed by Etan Hakimi and can be reached at 7182685588 or etan@mitrahakimi.com.

EH

Etan Hakimi

Agent at Mitra Hakimi Realty Group LLC

(718) 268-5588

Listed by Mitra Hakimi Realty Group LLC · View on Broker Site

MLS# 998030· Source: listhub· Updated 14 days ago

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4201 Newtown Road, Astoria, NY 11103

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