Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,442,500

· Closed August 21, 2024

140-05 NEWPORT Avenue
Closed For Sale Multi Family

$1,442,500

140-05 NEWPORT Avenue

Belle Harbor, Queens

MLS® #RLS11002877

RLS at REBNY

Listing by Revived Residential

6

Bedrooms

4

Baths

N/A

Sq. Ft.

1950

Year Built

Quick Summary

Bedrooms 6
Bathrooms 4
Lot Size 8,000 sq ft
Year Built 1950
Ownership None
Property Taxes $12,228/yr
Parking Garage
Neighborhood Belle Harbor
Floor 1 of 2

Property Highlights

  • Views: Other
  • Outdoor Space: Patio
  • Fireplace: 1 fireplace

Property Details

Type Multi Family
Ownership None
Total Rooms 11
Baths 4 Full
Floor 1 of 2
View Other
Cooling Other
Pets Yes
Year Built 1950
Parking Garage Available
Structure Type Townhouse
Basement Other
Lot Size 8,000 sq ft
Block/Lot 16274/0006

Listing History

Event Date Price Change
Listed Mar 5, 2024 $1,825,000 -
Price Reduced Aug 8, 2025 $1,599,000 -12.4%
Currently Apr 30, 2026 $1,442,500 -9.8%

Description

Welcome home! This is one of the most unique homes to hit the market in prime Belle Harbor in a while. Sitting on an 80x100 lot with a footprint of 36x59 this legal two-family brick house is the perfect opportunity to either generate some excellent rental income or to enjoy multi-generational living. The lay out is as follows, the first floor is massive and features a huge chefs kitchen. Youll find high end appliances, granite counters and an abundance of cabinetry. There is a formal dining room off the kitchen and very large living room flanking the dining room. The living room has some great built ins and a wood burning fireplace. The living and dining room both have sliding doors leading to a deck that overlooks your heated saltwater pool. The back yard has pavers surrounding the pool, there is also a separate grassed area and an outdoor shower. The first level also has two and a half baths and three bedrooms. The primary suite has a brand-new bath, plenty of closets and is a great size. There are two other generously sized bedrooms and an updated full bath with a soaking tub. Youll find plenty of closets on this level as well as a half bath just off the kitchen. There is also access to a full finished basement. This basement is huge, youll find three bedroom like rooms that would be great for a home office, playroom, closets, storage the possibilities are endless. There is also a large open finished space, create whatever you want. There are also doors leading to the back yard, a very large full bathroom and a summer kitchen. This basement has all the potential to be separate living space if needed. The upper level of this home is where youll find a three bedroom and two bath rental apartment. I use the word apartment lightly because this space is truly its own house. Spanning well over 1,000 square feet, this level is drenched in natural sunlight, it has three bedrooms one of which is one of the biggest rooms in the entire house. There are vaulted ceilings and a private balcony. This level could achieve some big rental numbers if needed. The owner has replaced every single window in this home over the last 3 years, enjoy central air through out, the mechanicals are in excellent shape. There are also solar panels which will be transferred over and will offer you a significant savings on your electric bill. Youll also find a two-car garage and enough carport parking for upwards of 10 cars. You are right on the corner of Beach 140th and Newport Avenue, you are two blocks to the beach. This house is one of a kind.

Features & Amenities

Interior Features

Smoke Free Building Other Washer Hookup In Unit Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft Patio

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
Structure Townhouse

Financial Details

RE Taxes $12,228/yr ($1,019/mo)
Original Price $1,825,000
Sale Price $1,442,500
Previous Price $1,599,000

Belle Harbor features low-density residential housing, including numerous single-family structures and renovated mid-century colonials. Properties span the Rockaway Peninsula, situated between the Atlantic Ocean and Jamaica Bay. The area is serviced by the A train line, offering access to waterfront landmarks and neighborhood parks.

Belle Harbor Live Market Data

View Neighborhood

Active Listings

1

Median Asking Price

$1.10M

Median $/Sqft

$523

Avg Days on Market

N/A

New This Week

1

Price Reduced

0%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 4/30/26, 5:21 PM EST

Recently Sold in Belle Harbor

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Location

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140-05 NEWPORT Avenue, Belle Harbor, Queens County

Building Information

Official NYC property records for this building

1950
Year Built
76 years old
1
Floors
2
Residential Units
R2
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $93,480
Land Value: $21,960
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 8,000 SF
Building Area: 2,927 SF
Built FAR: 0.37
Allowed FAR: 0.75

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $12,228, or roughly $1,019 per month. Verify the current assessment with your attorney before closing.

This property has 6 bedrooms and 4 full bathrooms.

According to MLS records, the building was constructed in 1950, making it approximately 76 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS11002877
First Listed: 8/21/2024
On Market: 3/5/2024
Price Changed: 8/8/2025
Closed: 8/21/2024
Contract Date: 3/5/2024

Listing Courtesy of Revived Residential - Louis E Belisario

Listing Contact: (347) 702-3316

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/30/2026 at 9:21 PM UTC

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