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.
Active
Price cut: $51K (6/24)
$948,000
4201 Newtown Rd, Astoria, NY 11103
3beds
1,023sqft
Multi Family
Built in 1930
-- sqft lot
$935,200 Zestimate®
$927/sqft
$-- HOA
What's special
Finished lower levelSpectacular manhattan skyline viewsWaterfront walking pathsThree well-proportioned bedroomsProximity to astoria parkSeparate storage roomRunning tracks
- 40 days |
- 1,350 |
- 52 |
Zillow last checked:
Listing updated:
Listed by:
Mitra Hakimi Realty Group, LLC 718-268-5588,
Etan Hakimi
Source: StreetEasy,MLS#: S1827613
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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
- Parcel number: 006960110
- 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: $927/sqft
- Tax assessed value: $873,000
- Annual tax amount: $5,964
- Date on market: 5/18/2026
Estimated market value
$935,200
$888,000 - $982,000
$3,933/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Price change | $948,000-5.1%$927/sqft |
Source: | ||
| 5/18/2026 | Listed for sale | $999,000$977/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $52,380 -3.1% |
| 2024 | -- | $54,060 -9.4% |
| 2023 | -- | $59,640 -4.8% |
| 2022 | -- | $62,640 +20.7% |
| 2021 | -- | $51,900 -7.8% |
| 2020 | $1,989 +7.9% | $56,280 -9.2% |
| 2019 | $1,843 -61% | $61,980 +174.6% |
| 2018 | $4,722 +2.6% | $22,572 |
| 2017 | $4,601 +135.1% | $22,572 +5% |
| 2016 | $1,957 | $21,496 +3.1% |
| 2015 | $1,957 -16.7% | $20,851 +5.8% |
| 2014 | $2,349 | $19,704 +4.8% |
| 2013 | -- | $18,810 |
| 2012 | -- | $18,810 +5% |
| 2011 | -- | $17,914 +3.1% |
| 2010 | -- | $17,376 +5.8% |
| 2009 | -- | $16,420 +4.8% |
| 2008 | -- | $15,675 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Astoria
Nearby schools
GreatSchools rating
- 5/10Ps 70Grades: PK-5Distance: 0.1 mi
- 6/10Is 10 Horace GreeleyGrades: 6-8Distance: 0.2 mi
- 4/10William Cullen Bryant High SchoolGrades: 9-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.





