Newtown Tower

The original apartment specifications included oak kitchen cabinetry, granite counters, wood flooring and marble bathrooms. Subsequent renovations have changed those finishes in individual homes. The more lasting distinctions are the window orientations, balconies and differences in interior area across the building.

Several one-bedroom layouts occupy roughly the mid-five-hundred to low-six-hundred-square-foot range. These homes pair compact interiors with outdoor space in selected lines. Some balconies are covered and extend directly from the living area. Other apartments have more extensive terraces, making the exterior space a meaningful component of the purchase.

West-facing homes can have skyline outlooks. Height and direction matter separately: an upper-floor apartment facing a different direction does not reproduce a west-facing view. The surrounding buildings also affect the outlook from the lower levels.

The upper inventory includes larger homes with outdoor space. The building's ninth-floor penthouse configuration has historically extended across that level. A penthouse sale consequently represents a different combination of space, elevation and outdoor area from a conventional one-bedroom resale.

The condominium has an elevator, common laundry and a shared terrace. Apartment owners may also have private balconies or terraces, whose use and repair obligations are governed separately from the shared outdoor areas. On-site parking exists, and a parking space has accompanied some apartment transactions.

DOF identifies the largest owner as holding seven of the thirty residential units, approximately 23%. That holding falls below a majority, but it is material to a lender evaluating ownership concentration. A financed buyer should have the lender assess this particular project before relying on an apartment-level preapproval.

The fifteen-year 421-a benefit began in 2008 and was last carried on the 2023 tax roll. Current ownership costs therefore need to reflect the fully taxed position. An earlier sale description showing an abated bill is not a suitable basis for estimating the present tax expense.

The residential lots are all Class 2. Parking ownership and its treatment in a specific contract should be identified separately, including whether the right is deeded or assigned and whether it has an additional charge. The existence of parking in the building does not mean each of its thirty apartments receives a space.

Recent sales

Recent closings at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.

Market read. Most recent trades (2026) cleared a median $1,224/sf across 4 sales. Median listing discount 2.2% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Sales sourced from NYC Department of Finance recorded transfers (BBL 4-00573-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.

• Shore Towers — An Astoria condominium alternative with waterfront exposure and a much larger building operation.
• The Crescent House — A postwar Astoria elevator cooperative for buyers comparing ownership forms within the neighborhood.
• L Haus — A newer Long Island City condominium with balconies, terraces and a substantial common yard.
• Arris Lofts — A condominium conversion offering larger interior volumes and a broad indoor amenity program.
• The View — A waterfront condominium with higher staffing and an emphasis on river-facing apartments.