3101 42nd Street, Astoria, NY 11103 - Photo 1

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$4,500,000

For Sale
Active
Multi-Family
11 Total Beds
3 Car Garage
Updated 1 day ago

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Property Description

An Exceptional and Rare Investment Opportunity in the heart of Astoria! This Offering includes 2 side-by-side TWO multi family homes,(31-01 and 31-05) being sold together as a package deal - ideal for developers, investors, or end-users looking to live in one of Queens' most sought-after neighborhoods. Price offered is for both buildings. Taxes, and lot size shown are total for both units - Tax lots 00692-0243 and 00692-0343. Develop a mixed-use multi unit building (consult architect for zoning potential)

Full Property Details

Full Property Details for 31-01 42nd St

General

Price: $4,500,000
Taxes: $13,349
Status: Active
Type: Multi-Family
Source: Long_Island
MLS ID: 978132
Updated: 4/24/2026
Added to Site: 32 day(s) ago

Interior

Interior Features: Open Kitchen

Rooms

Bathrooms

Total Bathrooms: 8
Full Bathrooms: 8

Bedrooms

Total Bedrooms: 11

Parking

Garage: Yes
Garage Spaces: 3
Parking Features: Alley Access

Location

County: Queens
Cross Streets: 31ST AVE

School Information

Elementary School: Ps 70

Heating & Cooling

Cooling Type: ENERGY STAR Qualified Equipment
Heating Type: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Natural Gas Connected

Structural Information

Detached/Attached: Attached
Construction: Brick
Basement: Yes
Basement Desc.: Finished, Full Basement
Building Size: 5090
Square Feet: 5,090
Year Built: 2000

Lot Features

Lot Size (Sq. Ft.): 6,381

Financial Considerations

Tax Amount: $13,349

Disclosures and Reports

Special Conditions: None
Property ID: 00692-0243

Listed by Douglas Elliman Real Estate

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Listing agent

— 31-01 42nd St —

Douglas Elliman Real Estate

516-921-2262

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Schools

Schools serving 31-01 42nd St

School District:New York City Geographic School District 30

Name	Grades	Distance
Ps 70 30-45 42nd St, Queens, NY 11103	PK-5	0.1 mi
Is 10 Horace Greeley 45-11 31st Ave, Queens, NY 11103	6-8	0.2 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 31-01 42nd St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/30/2026

Listed

$4,500,000

181.25%

MLS

1/14/2026

Sold

$1,600,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 31-01 42nd St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$6,292

-51%

$65,491

-34%

2024

$12,873

3%

$99,540

57%

2023

$12,439

2%

$63,331

-32%

2022

$12,157

2%

$93,600

21%

2021

$11,879

6%

$77,580

11%

2020

$11,256

—

$70,080

4%

2019

$11,256

11%

$67,500

28%

2017

$10,117

—

$52,776

3%

2017

$10,117

8%

$51,100

6%

2016

$9,327

9%

$48,208

6%

2015

$8,584

2%

$45,480

—

2015

$8,408

13%

$45,480

3%

2013

$7,473

—

$43,980

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by EXP Realty

3101 42nd Street, Astoria, NY 11103 (MLS# 978132) is a Multi-Family property with 4 units containing 11 bedrooms and 8 full bathrooms. 3101 42nd Street is currently listed for $4,500,000 and was received on March 30, 2026. Want to learn more about 3101 42nd Street? Do you have questions about finding other Multi-Family real estate for sale in Astoria? You can browse all Astoria real estate or contact a Coldwell Banker agent to request more information.

31-01 42nd St Astoria, NY 11103