For Sale
$2,645,000

29-07 Newtown Ave Queens, NY 11102

Prime Astoria location, near subway

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional development site in Astoria, Queens offers a unique opportunity to build approximately 9,500 square feet. Located at 29-07 Newtown Avenue, this property boasts R6A/R6B zoning with a 3 FAR, allowing for substantial construction. The site currently features a large two-family brick house (20' x 57' on a 25.33' x 134.5' lot), presenting potential for immediate income generation or redevelopment. Its prime location offers unparalleled convenience, just steps from the vibrant 30th Avenue, with its diverse array of restaurants, shops, and nightlife. Commuting is a breeze, with the N and W subway lines a mere 5-minute walk away, providing easy access to Manhattan in under 20 minutes. Astoria Park is also within a 10-minute walk. The property's annual property taxes are $11,681. Preliminary plans are available. The asking price is $2,645,000. All information is deemed reliable but not guaranteed. Square footage ranges from 2,280 to 9,500 square feet. The building is a two-story structure built in 1920.

Highlights

  • Development site for sale in prime Astoria location, two blocks from the N/W subway station.
  • R6A/R6B zoning, 3 FAR, approximately 9,500 square feet buildable.
  • Existing two-family brick house (20' x 57', lot size 25.33' x 134.5') with development potential. Annual property taxes: $11,681.
  • Excellent location: near 30th Avenue's amenities, a 5-minute walk to the N/W subway (under 20 minutes to Manhattan), and a 10-minute walk to Astoria Park.

Property Details for 29-07 Newtown Ave

Property type
Apartment buildings
Square Feet
2,280 SF
Year Built
1920
Stories
2

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.7691892
Longitude
-73.9218242
29-07 Newtown Ave, Queens, New York

FAQs

What type of property is this?
Apartment building - Prime Astoria location, near subway
Where is the apartment building located?
The property is located at 29-07 Newtown Ave Queens, NY.
What is the asking price?
The asking price for this property is $2,645,000.
What are key features of this property?
This property features: Development site for sale in prime Astoria location, two blocks from the N/W subway station.; R6A/R6B zoning, 3 FAR, approximately 9,500 square feet buildable.; Existing two-family brick house (20' x 57', lot size 25.33' x 134.5') with development potential. Annual property taxes: $11,681.
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29-07 Newtown Ave
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