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 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 36Lot Size: 22.67 x 97 Building Class S2 Tax Class 1 - Small Home, Less Than 4 FamiliesR5 Zoning FAR 1.25According 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: $8,260.16Prospective buyers are advised to independently verify all information with the buyer's real estate attorney and architect.