27-18 Newtown ave Avenue, Astoria, NY 11102 (MLS # 890153)
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Prime Three-Family Property with Expansion Potential in the Heart of Astoria Located just a few blocks from the 30th Avenue subway station (N/W lines), this R6-zoned three-family building offers an unbeatable location in one of Queens' most vibrant and sought-after neighborhoods. Each of the three residential units features two bedrooms and one bathroom, providing strong rental appeal with a big backyard. There is immediate upside potential, and with air rights for an additional floor (verify with your architect), the property presents a rare opportunity for expansion and increased income. Surrounded by a dynamic mix of dining, shopping, lounges, clubs, and cafés, the property puts you at the center of Astoria's cultural and culinary rhythm. Plus, it's just a short walk to Astoria Park, a 60-acre urban oasis packed with recreational amenities like a running track, tennis courts, skate park, playgrounds, and riverside views, and is also conveniently close to Mount Sinai Queens hospital. Whether you're an investor seeking value-add opportunities, a developer ready to expand, or an end-user who wants to live in one unit and rent out the others, this property delivers location, flexibility, and growth potential"”all in one of NYC's most desirable communities.
DAYS ON MARKET | 7 | LAST UPDATED | 8/13/2025 |
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YEAR BUILT | 1940 | COUNTY | Queens |
STATUS | Active | PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
CONSTRUCTION | Brick |
HEAT | Natural Gas |
INTERIOR | Eat-in Kitchen, High Speed Internet |
LOT | 0 |
SEWER | Public Sewer |
TAXES | 10000 |
UTILITIES | Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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