Updated 7 hours ago
31-11 43rd Street
Astoria, Queens | 31st Ave & Broadway
10 Rooms5 Beds4 Baths2,310 Square FeetMixed Use
$1,650,000 $1,695,000
floors / apts3 / 2
Lot Size22'x84'
Built Size37'x18'
ZoneR5
Building TypeLow-Rise
RE Taxes$8,256
Price Per SF
$714
Building Amenities
- Elevator
- Garage
Property Description for 31-11 43rd Street
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 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 x 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.
Listing History for 31-11 43rd Street
Now
10/18/2024
$1,650,000 [-$45,000] [2.7%]
Price Drop by Patrick W. Smith
Corcoran
07/22/2024
$1,695,000 [-$55,000] [3.1%]
Price Drop by Patrick W. Smith
Corcoran
Building Details for 31-11 43rd Street
OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
Year Built1930
Floors/Apts3/2
Transit and Citi Bike
Subway
46 St
0.25 miles
Steinway St
0.37 miles
Citi Bike
Newton Rd & 44 St
0.03 miles
31 Ave & Steinway St
0.15 miles
Contact Agents
Contact Agents
Astoria | Queens
Quick Profile
Although Astoria is largely a residential neighborhood, it is filled with unique mom-and-pop shops, trendy boutiques, a plethora of dining options representing cuisines from around the world, and lush green spaces where you can relax, walk along the East River, or just enjoy the Manhattan skyline.
The atmosphere is laid back and almost small-town. In addition to luxury condos, pre-war buildings, single-family and semi-detached brick buildings, you will find low-rise buildings with apartments available at lower rents than are available in nearby Manhattan. If you enjoy shopping, you will find everything from locally handcrafted apparel and decor items to vintage treasures just waiting to be repurposed.
Astoria has long been known as a hub of Greek culture, with a burgeoning Greek community. You can barely walk a block without an opportunity to eat Greek food or experience some aspect of Greek culture. The Italian community is also quite large and well-represented in Astoria. Lately, there has been an influx of immigrants from all corners of the globe, making Astoria truly multicultural, and giving rise to eateries that offer unique gastronomic treats.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 95794TH
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