Demand for homes in Astoria is high as more buyers are pushed away from skyrocketing prices in nearby Long Island City, and attracted by easy access to transportation, established commercial strips, and diverse restaurants and entertainment venues.
Residents can enjoy Astoria Park’s waterfront view, visit the Museum of the Moving Image or grab a drink at the Bohemian Hall and Beer Garden, to name a few popular activities.
But the surging demand to live in Astoria has caused land values to spike there as well, resulting in rising rents and home prices.
However, prospective Astoria renters and homebuyers need not fear; the neighborhood still has some deals to be found. Recently, Astoria was named one of the top areas for recent college graduates looking to rent in the city, according to a report by real estate website StreetEasy.
StreetEasy has also put together a list of deals to beat the heated Astoria market, and indicated that there are more below market price homes waiting to be purchased.
Price: $295,000
Size: One bedroom, one bathroom
Type: Condo
Broker: Laura Copersino, Douglas Elliman
What StreetEasy said: “Astoria is known for its bucolic complexes of small apartment buildings and gardens. This one-bedroom is in one of these complexes and offers lots of closet space, a renovated kitchen and a washer-dryer.”
Price: $475,000
Size: Three bedrooms, one bathroom
Type: Co-op
Broker: Frank Bouklis, Bouklis Group
What StreetEasy said: “Proximity to transportation is everything in Astoria. This three-bedroom is three blocks from the Ditmars N/Q stop in one of Astoria’s most residential and family-oriented pockets. Plus it’s got a new kitchen and bath.”
Price: $849,000
Size: Five bedrooms, two bathrooms
Type: Townhouse
Broker: Nancy Suric, Laffey Fine Homes
What StreetEasy said: “The townhouse market in other parts of the city is very tiny and very pricey, but single-family homes dominate the housing stock in Astoria. This one just got a gut renovation and has its own garage.”
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