4201 Newtown Road
About this property
Welcome to 42-01 Newtown Road, a rare opportunity to own a legal two-family home currently configured and enjoyed as a spacious single-family residence in the heart of Astoria. Thoughtfully laid out across three levels, this unique property combines flexibility, functionality, and an unbeatable Queens location. The first floor features an oversized sunlit living room, a generously sized eat-in kitchen with ample cabinet space, and a full bathroom, creating an inviting layout ideal for both everyday living and entertaining. Upstairs, the second level offers three well-proportioned bedrooms, additional closet space, and a full bath. The finished lower level provides valuable bonus space including a recreation area, laundry/boiler room, and separate storage room — perfect for a home office, gym, media room, or guest overflow. Currently utilized as a one-family home, the property retains its legal two-family designation, presenting future owners with excellent flexibility and long-term value potential. Low annual Real Estate Taxes: $5,958 Situated in one of Astoria’s most vibrant and sought-after neighborhoods, residents enjoy immediate access to renowned restaurants, cafes, local bakeries, nightlife, and shopping along Steinway Street, Broadway, and Ditmars Boulevard. Outdoor enthusiasts will appreciate proximity to Astoria Park, featuring waterfront walking paths, tennis courts, running tracks, and spectacular Manhattan skyline views. Commuting is exceptionally convenient with nearby access to the R/M subway lines at Steinway Street and the N/W lines at Astoria Boulevard, offering quick service into Manhattan. Multiple bus routes, easy access to the Grand Central Parkway and BQE, and close proximity to LaGuardia Airport further enhance the location’s accessibility. A rare Astoria offering with flexible use potential, generous living space, and an outstanding location close to everything Queens has to offer.
Listing details
- Property Type
- Residential
- Sub-Type
- Single Family Residence
- Year Built
- 1930
- Living Area
- 1,023 sqft
- Lot Size
- 1,980 sqft
- County
- Queens
- MLS #
- KEY1016603
- Status
- Closed
Street view & aerial
Imagery © Google. Street View and satellite data may not reflect current property condition.
FMR for Astoria, NY 11103
FY2025 · Nassau-Suffolk HUD Metro FMR Area
All bedroom sizes — ZIP 11103
| Unit Size | Monthly FMR | Annual Gross |
|---|---|---|
| Studio | $1,900 | $22,800 |
| 1 Bedroom | $2,156 | $25,872 |
| 2 Bedroom | $2,640 | $31,680 |
| 3 BedroomSubject | $3,324 | $39,888 |
| 4 Bedroom | $3,683 | $44,196 |
Source: U.S. Department of Housing & Urban Development — Nassau-Suffolk HUD Metro FMR Area, FY2025. FMR represents the 40th-percentile gross rent under the Section 8 Housing Choice Voucher program. Market rents in stable Long Island submarkets typically run 110–130% of FMR.
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Questions about this listing
Is 4201 Newtown Road in Astoria still available?
Inventory changes daily. 4201 Newtown Road is currently listed as Closed in OneKey® MLS. Contact East End Luxury Ltd. at (516) 449-2783 for the most up-to-date status, including any pending offers, auction date, or short-sale lender response.
Can I tour a foreclosure or short sale on Long Island?
Yes. Most distressed properties on Long Island, the Hamptons, and East End are available for showings by appointment. We coordinate access with the listing brokerage, asset manager, or seller's attorney and can typically schedule a tour within 24–72 hours.
How do offers work on a short sale or REO listing?
Short sales require lender approval and typically take 60–120 days from accepted offer to closing. REO/bank-owned listings follow asset-manager addenda and usually close in 30–45 days. Cash offers and pre-approved buyers receive priority. We guide you through every step.
Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Listing last updated: 09/25/2026, 04:52 PM ET
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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