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$1,695,000

Beds
5
Baths
4.0
sq ft
666

31-11 43RD Street, New York City, NY 11103

31-11 43RD Street

New York City, NY 11103

  • 161 days on market
    • Price drop $55,000↓
<p><span>The property at 31-11 43<sup>rd</sup> 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.<br><br>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.</span></p><p><span>The second and third floor residential units have high ceilings, triple exposure, 10 windows, two bedrooms, an eat-in-kitchen, and a windowed bath.</span></p><p><span>The ground floor commercial space has 11-foot ceiling heights with frontage on Newtown Road and 43<sup>rd</sup> Street.</span></p><p><span>The full basement provides additional space for potential expansion.</span></p><p><span>The property boasts a coveted 4-car garage.</span></p><p><span>Location, location, location. The property is situated 3 blocks from Steinway Street, 1 block from 30<sup>th</sup> Avenue and 1 block from Broadway.</span></p><p><strong><span>Other Information: <br></span></strong><span><br>43-02 Newtown Road/31-11 43<sup>rd</sup> Street <br>Astoria, NY 11103 </span></p><p><span>Block 693 <br>Lot 36</span></p><p><span>Lot Size: 22.67 x 97 </span></p><p><span>Building Class S2 </span></p><p><span>Tax Class 1 - Small Home, Less Than 4 Families</span></p><p><span>R5 Zoning </span></p><p><span>FAR 1.25</span></p><p><span>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.</span></p><p><span>The property is adjacent to a block that was recently upzoned.</span></p><p><span>The building will be delivered vacant.</span></p><p><span>Annual Property Tax: $8,260.16</span></p><p><span>Prospective buyers are advised to independently verify all information with the buyer's real estate attorney and architect.</span></p>

Details

Property type

Mixed Use

Lot size

Unknown

Price per sq ft

$2,546

Year built

Unknown

Annual property taxes

$8,256

Price History

07/22/2024
REBNY

REBNY #RPLU-33422976459

Price change
$1,695,000
-3.14%
04/28/2024
REBNY

REBNY #RPLU-33422976459

Listed
$1,750,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 10/06/2024 at 6:35 AM

Listing updated: 07/22/2024 at 1:43 PM

Listed by: Patrick Smith, Corcoran Group Phone #: (212) 355-3550

MLS: REBNY #RPLU-33422976459

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