Discover this exceptional 4 story, 6-unit elevator building, masterfully constructed in 2012 with meticulous attention to detail. The property boasts a stunning 2 bedroom penthouse with a wraparound terrace, offering panoramic 360-degree Manhattan skyline views. Each unit is thoughtfully designed, featuring private balconies and distinctive duplex layouts. The building includes 7 separate boilers, electric meters, and hot water heaters. Additional amenities include a lower-level laundry room, private driveway, and six dedicated parking spaces. Ideally located just one block from the subway and minutes from Manhattan, this property is surrounded by vibrant shopping, dining, and transportation options. Currently fully occupied, it offers excellent potential as a high-performing rental asset or a condominium conversion. Income and expense reports are available upon request. Don't miss this rare opportunity to invest in one of Astoria's most sought-after neighborhoods! By appointment only.
Features of 46-16 Newtown Road
MLS# | 809204 |
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Price | $3,600,000 |
Total Taxes | $21,726 |
Bathrooms | |
Square Footage | 7,500 |
Lot Square Footage | 4,320 |
Acres | 0.00 |
Year Built | 2012 |
Type | Commercial |
Sub-Type | Multi Family |
Status | Active |
Community Information
Address | 46-16 Newtown Road |
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City | Astoria |
County | Queens |
State | NY |
Zip Code | 11103 |
Amenities
Utilities | Electricity Connected, Natural Gas Connected, Water Connected |
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Parking Spaces | 6 |
Parking | Assigned, Parking Lot |
View | City, Skyline |
Is Waterfront | No |
Has Pool | No |
Interior
Interior | Hardwood |
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Appliances | Dryer, Gas Oven, Gas Range, Refrigerator, Stainless Steel Appliance(s), Gas Water Heater |
Heating | Baseboard, Hot Water, Natural Gas |
Cooling | Wall/Window Unit(s) |
Fireplace | No |
# of Stories | 5 |
Has Basement | Yes |
Basement | Full |
Exterior
Lot Description | Near Public Transit, Near School, Near Shops, Views |
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Construction | Brick |
School Information
District | Queens 30 |
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Elementary | Ps 70 |
Middle | Is 10 Horace Greeley |
High | William Cullen Bryant High School |
Additional Information
Listing Provided Courtesy of: Douglas Elliman Real Estate; 516-627-2800
Date Listed | January 17th, 2025 |
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Days on Market | 24 |
Zoning | R5 |
Short Sale | No |
RE / Bank Owned | No |
Offer is made only to participants of the MLS where the listing is filed.