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.
In contract
Price cut: $149K (7/14)
$799,000
42-01 Newtown Rd #1, Astoria, NY 11103
3beds
1,023sqft
Multi Family
Built in 1930
-- sqft lot
$789,900 Zestimate®
$781/sqft
$-- HOA
What's special
Finished lower levelSpectacular manhattan skyline viewsWaterfront walking pathsThree well-proportioned bedroomsSeparate storage roomRunning tracksAdditional closet space
- 91 days
- 35
- 2
Zillow last checked:
Listing updated:
Listed by:
Mitra Hakimi Realty Group, LLC 718-268-5588,
Etan Hakimi
Source: StreetEasy,MLS#: S1834854
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Has fireplace: No
Interior area
- Total structure area: 1,023
- Total interior livable area: 1,023 sqft
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1930
Community & HOA
Community
- Subdivision: Astoria
Location
- Region: Astoria
Financial & listing details
- Price per square foot: $781/sqft
- Date on market: 6/22/2026
Estimated market value
$789,900
$750,000 - $829,000
$4,156/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Contingent | $799,000$781/sqft |
Source: StreetEasy #S1834854 Report a problem | ||
| 7/14/2026 | Price change | $799,000-15.7%$781/sqft |
Source: StreetEasy #S1834854 Report a problem | ||
| 6/24/2026 | Price change | $948,000-5.1%$927/sqft |
Source: StreetEasy #S1834854 Report a problem | ||
| 6/22/2026 | Listed for sale | $999,000$977/sqft |
Source: StreetEasy #S1834854 Report a problem | ||
Public tax history
Tax history is unavailable.







