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$948,000
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Property 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.
Full Property Details
Full Property Details for 42-01 Newtown Rd
General
- Price: $948,000
- Taxes: $5,958
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 998030
- Updated: 6/24/2026
- Added to Site: 50 day(s) ago
Interior
- Interior Features: First Floor Full Bath
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Parking Features: Off Street
Location
- County: Queens
School Information
- High School District: Queens 30
- Elementary School: Ps 70
- Middle School: Is 10 Horace Greeley
- High School: William Cullen Bryant High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Full Basement, Walk-Out Access
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.0455
- Lot Size (Sq. Ft.): 1,980
- Lot Dimensions: 36 x 55
- Lot Features: Irregular Lot
Financial Considerations
- Tax Amount: $5,958
Disclosures and Reports
- Special Conditions: Probate Listing, Third Party Approval
- Property ID: 00696-0110
Listed by Mitra Hakimi Realty Group LLC
Get Pre-Approved Today
Schools
Schools serving 42-01 Newtown Rd
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 42-01 Newtown Rd
Date
Details
Price
Change
Source
6/24/2026
Price Reduced
$948,000
-5.11%
MLS
5/18/2026
Listed
$999,000
—
MLS
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 42-01 Newtown Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,799
—
$30,954
3%
2025
$2,799
34%
$30,025
-44%
2024
$2,086
7%
$54,060
100%
2023
$1,957
-3%
$27,086
-57%
2022
$2,009
-2%
$62,640
21%
2021
$2,055
3%
$51,900
-8%
2020
$1,989
8%
$56,280
-9%
2019
$1,843
-13%
$61,980
175%
2017
$2,115
8%
$22,572
5%
2016
$1,957
7%
$21,496
3%
2015
$1,825
7%
$20,851
6%
2014
$1,713
-45%
$19,704
5%
2013
$3,131
—
$18,810
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 42-01 Newtown Rd
4201 Newtown Road, Astoria, NY 11103 (MLS# 998030) is a Multi-Family property with 2 units containing 3 bedrooms and 2 full bathrooms. 4201 Newtown Road is currently listed for $948,000 and was received on May 18, 2026. Want to learn more about 4201 Newtown Road? 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.

