$1,999,999

47-05 Newtown Rd Long Island City, NY 11103

$10,000
Closing credit¹
8 beds
3 full
Multi-Family

Property details

About 47-05 Newtown Rd

Excellent opportunity to own a 3-family Brick semi-detached Row house in the heart of Long Island City! The House features 2,880 square feet of living space, consisting of a 2-bedroom, 1-bath unit on the first floor and two 3-bedroom, 1-bath units on the second and third floors. Total rental income is $11,000/month. Additional highlights include a large 8'x19' rear balcony on 2nd Fl, two private parking spaces, a one-year-old roof with a 20-year warranty, a 24-hour CCTV camera, and a solar panel installed in April 2024 (no payment until June 2025, then $108/month for 15 years). Conveniently located within walking distance of bus stops, school and the 46th St M, R Train Station, as well as shopping malls. Brands like Best Buy, Home Depot, Old Navy, Marshalls, BJ's, Burlington, and many more are just one block away from the house. With just a 7-minute commute to Manhattan, this property is ideal for both investors and end-users! *DELIVER VACANT AT CLOSING*

Highlights

Home typeTriplex
HeatingNatural Gas, Solar
StatusActive
Year built1955
MLS #809390

Summary

  • MLS Number: 809390
  • MLS Name: ONEKEY2
  • Office Name: Exit Realty Prime
  • Office Phone: (718) 262-0205

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/26/2025, 10:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,999,999

47-05 Newtown Rd

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

6

P.S. 151 Mary D. Carter School

Public District PK-5

0.2 mi

5005 31st Ave

7

P.S. 70 Queens

Public Magnet PK-5

0.4 mi

3045 42nd St

6

P.S. 152 Gwendoline N. Alleyne School

Public Magnet KG-5

0.7 mi

3352 62nd St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $66,595. Typical income of Long Island City, NY residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

33%
<35k
34%
35k-100k
30%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
5%
Single, with Kids
19%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
3%
12-17 yrs old
41%
18-34 yrs old
38%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Music ConcertsMusic Concerts
  • TennisTennis

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • AudiAudi
  • VolkswagenVolkswagen
  • BMWBMW

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 47-05 Newtown Rd in Long Island City, NY and zip code 11103 in the Northwestern Queens neighborhood. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 2, 2025 and is currently priced at $1,999,999.

In January 2025, from all listings sold in Long Island City, NY there were more than 208 sold above asking price, over 759 sold below and more than 890 were sold right at the asked price. Between December and January 2025, Long Island City, NY real estate market has seen decrease in the number of listings by 3.4%. The median list price of listings available in January 2025 was $862,270, while the average time on the real estate market was 79 days.

From Rocket Homes Real Estate and based on county public records data.

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