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$3,200,000
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Property Description
Amazing Opportunity MIXED USE BRICK Corner Building For Sale in the Heart of Astoria! Four Residential Units and Two Commercial Units ! Great for passive income and investment ! Property Description: Ground Floor - has two Commercial Units. Two apartments has Two Bedrooms One Bathroom, and Two Apartments have One Bedroom /One Bathroom. Zoning R5- with C1-2 Overlay .. Lot Size 101 x 66! Situated just a few short blocks to subway lines R,F, E, N and W! EXCELLENT Location with tons of Retail space nearby! Please request set up for you Rent Roll and Expenses! Happy to share information and respond to any inquiries! All information should be independently verified, broker is not liable for all information presented.
Full Property Details
Full Property Details for 42-29 Newtown Rd
General
- Price: $3,200,000
- Taxes: $57,046
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 873205
- Updated: 7/15/2025
- Added to Site: 227 day(s) ago
Interior
- Appliances: Convection Oven
- Flooring: Ceramic Tile, Hardwood, Wood
Additional Information
- Security/Safety: Building Security, Security Gate, Video Cameras
Parking
- Parking Features: On Street
Location
- County: Queens
- Cross Streets: Newtown Road
- Driving Directions: Please see google maps.
- Direction Faces: South
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Oil
- Heating Zones: 1
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available
Structural Information
- Detached/Attached: Detached
- Construction: Block
- Basement: Yes
- Basement Desc.: Full Basement
- Stories/Levels: 4
- Stories in Building: 4
- Building Size: 5408
- Square Feet: 5,408
- Year Built: 1928
Lot Features
- Lot Size (Acres): 0.1522
- Lot Size (Sq. Ft.): 6,628
- Road Maintenance: Public Maintained Road
- Fence: Yes
- Lot Features: Corner Lot
- Zoning: R5 C1-2
- Fencing (Description): None
Financial Considerations
- Tax Amount: $57,046.64
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: None
- Property ID: 00696-0001
Listed by Golden One Realty Group LLC
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Schools
Schools serving 42-29 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 | 0.1 mi |
William Cullen Bryant High School 48-10 31st Ave, Queens, NY 11103 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 42-29 Newtown Rd
Date
Details
Price
Change
Source
7/15/2025
Price Reduced
$3,200,000
-5.88%
MLS
6/04/2025
Listed
$3,400,000
690.7%
MLS
3/19/2001
Sold
$430,000
—
Public Record
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 42-29 Newtown Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$61,600
8%
$492,804
-21%
2024
$57,047
8%
$620,550
47%
2023
$52,821
2%
$422,500
-48%
2022
$51,828
3%
$812,250
22%
2021
$50,222
6%
$664,200
-9%
2020
$47,283
8%
$729,000
14%
2019
$43,780
6%
$639,360
97%
2017
$41,337
2%
$325,000
3%
2016
$40,601
8%
$314,928
8%
2015
$37,567
12%
$291,600
8%
2014
$33,678
-4%
$270,000
3%
2013
$35,244
—
$262,372
—
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 42-29 Newtown Rd
4229 Newtown Road, Astoria, NY 11103 (MLS# 873205) is a Commercial property. 4229 Newtown Road is currently listed for $3,200,000 and was received on June 04, 2025. Want to learn more about 4229 Newtown Road? Do you have questions about finding other Commercial real estate for sale in Astoria? You can browse all Astoria real estate or contact a Coldwell Banker agent to request more information.

