Buy with Yoreevo
$1,625,250
List Price: $1,650,000
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43-02 Newtown Road
House in Astoria •  building info
5bd • 4ba • 1,998ft² $826 per ft²
Buy with Yoreevo

$1,625,250

List Price

$1,650,000

Key Details
Days on market
123
Last price change
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Estimated payment
$10,074
Taxes
$688
Monthly maintenance
N/A
Description
The property at 31-11 43rd Street (or 43-02 Newtown Road) in Central Astoria is an extremely rare opportunity to own a corner brick building consisting of 3 floors, 2 residential units, 1 commercial unit and a 4-car garage. The existing office could be used for residential based on the zoning subject to the buyer filing a job application to convert the office to residential. The second and third floor residential units have high ceilings, triple exposure, 10 windows, two bedrooms, an eat-in-kitchen, and a windowed bath. The ground floor commercial space has 11-foot ceiling heights with frontage on Newtown Road and 43rd Street. The full basement provides additional space for potential expansion. The property boasts a coveted 4-car garage. Location, location, location. The property is situated 3 blocks from Steinway Street, 1 block from 30th Avenue and 1 block from Broadway. Other Information: 43-02 Newtown Road/31-11 43rd Street Astoria, NY 11103 Block 693 Lot 36 Lot Size: 22.67 ? 97 Building Class S2 Tax Class 1 - Small Home, Less Than 4 Families R5 Zoning FAR 1.25 According to public records, the building has an existing gross floor area of 1,998 square feet with an unbuilt floor area of 312 square feet. The property is adjacent to a block that was recently upzoned. The building will be delivered vacant. Annual Property Tax: $8,260.16 Prospective buyers are advised to independently verify all information with the buyer's real estate attorney and architect.

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Building Amenities
Garage Parking
Parking Available
Building info

History
What it'll cost
Purchase price
$1,650,000
Asking Price: $1,650,000
Term
30 Years
Down Payment
$165,000 (10%)
Min: 10% (165,000)
Rate
6.5 %
Mortgage Amount
$1,485,000
Mortgage Payment
$9,386
Taxes
$688
Estimated Yoreevo rebate
$24,750
Estimated closing cost
$58,000
Total monthly cost $10,074
Buy your dream home with us and get an estimated $24,750 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Corcoran

Information ©2024, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.