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    47-05 Newtown Rd Long Island City, NY 11103

    For Sale
    $1,839,000

    MULTI_FAMILY - Long Island City, NY

    Lot size:
    0.04 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 13 at 9:06 pm

    Property Features for 47-05 Newtown Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Rooms
    Bedroom 5, Bedroom 3, Bedroom 7, Bedroom 8, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
    Bedrooms
    8
    Bathrooms
    3
    APN
    00727-0009
    Parking
    2
    Parking features
    Driveway
    Interior features
    First Floor Bedroom, First Floor Full Bath
    Lot size
    0.04 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Solar (Heating), Natural Gas
    Cooling system
    Multi Units
    Water source
    Public

    Building Details

    Year built
    1955
    Number of units
    3
    Building materials
    Brick

    EXIT REALTY PRIME (718) 262-0205 [email protected]

    Listing agent Ferdous Koyes (347) 445-5838

    Listing date Nov 14, 2025

    MLS# 935468 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Long Island City Multi-Family House

    This is a three-family brick, semi-detached row house located in Long Island City. The property features 2,880 square feet of living space. The layout includes a 2-bedroom, 1-bath unit on the first floor, and two 3-bedroom, 1-bath units on the second and third floors. The total rental income is $11,000 per month. Additional features include a large 8-foot by 19-foot rear balcony on the second floor and two private parking spaces. The roof is one year old and has a 20-year warranty. A 24-hour CCTV camera is installed. A solar panel was installed in April 2024, with payments of $108 per month starting in June 2025 for 15 years. The property is located within walking distance of bus stops, a school, and the 46th Street M, R Train Station, as well as shopping malls. Retailers such as Best Buy, Home Depot, Old Navy, Marshalls, BJ's, and Burlington are one block away. The commute to Manhattan is approximately 7 minutes. The property will be delivered vacant at closing. The lot size is 0.04 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Island City
    County
    Queens
    State
    New York
    Longitude
    -73.912548
    Latitude
    40.756907

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    FAQs

    What type of property is this?
    Triplex - Three-unit property near transit and shopping in Long Island City.
    Where is this triplex located?
    The property is located at 47-05 Newtown Rd Long Island City, NY.
    What is the asking price?
    The asking price for this property is $1,839,000.
    What are key features of this property?
    This property features: - Delivers Vacant at Closing: Immediate flexibility for your plans.; - High Rental Income: Generates $11,000/month, a strong investment.; - Prime Location: 7-minute commute to Manhattan, close to transportation, schools, and shopping in Long Island City.
    (347) 445-5838
    Request Owner's contact information
    47-05 Newtown Rd Long Island City, NY 11103
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    Long Island City, NY 11103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    47-05 Newtown Rd Long Island City, NY 11103
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