Recent Transactions and Trends

New York Squared is exclusively showing a gorgeous two-bedroom luxury apartment in a new-construction Long Island City apartment building for $5,500.  This 1,037 square-foot unit, 16B, has a balcony in the master bedroom and a gorgeous terrace that overlooks Manhattan.

 

The apartment’s amenities include:

 

  • Radiant Heating & Central Air
  • Marble Countertops
  • General Electric Appliances 
  • Subzero Fridge
  • FIOS & Time Warner Cable Ready
  • Washer & Dryer hook-ups

 

The building’s amenities include:

 

  • Building Doorman (8 hours per day Monday – Saturday)
  • Virtual Doorman/Concierge (for packages)
  • Video Intercom
  • On-site Parking (additional fee)
  • Bicycle Storage (additional fee)
  • Fitness Room Access
  • On-site Laundry 

Please contact NY2 for more information or if you want to view this unit.  There are also studios, one-bedrooms and two-bedrooms in this luxury building.  

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Beautifully renovated three-bedroom apartment located on Broadway and 35th street in Astoria, a few blocks from the N/Q trains.  This unit is being listed for $3,400.

 

New York Squared has a large one-bedroom available in a quiet section of Astoria, near Astoria Park. The unit is approximately 750 square feet, and is located in a 9-year-old, elevator building. The building offers laundry machines and heat and hot water are included in the $1,650 rent. Check out NY2’s Streeteasty posting here. Also, check us out at Yelp here.

 

Call or email Constantine if you are interested.

Commercial real estate space available in Queens Plaza North, near Crescent Avenue and Queensboro Bridge.  This 1,700 square foot corner storefront offers a 2,000 square foot basement and is perfect for a food business; although the owner is open to other businesses as well.  The space is near the 7, N, Q, R, E & M trains, and within one block away of many businesses, hotels, and new construction residential buildings.

Inquire with Constantine for more information: constantine@ny2reg.com

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New York Squared has two apartments available in Astoria, blocks away from the N/Q train.  The building is located on 25th Street and 30th Drive and it offers the following amenities:

  • Gym
  • Roof Deck
  • Parking at additional cost
  • Laundry Room
  • Bike Room
  • Elevator
  • Live-in Super
  • Storage
  • Virtual Doorman

The studio is available for $1,950 per month and includes a private outdoor space.  The unit also has a dishwasher and comes with a storage unit.

 

The two bedroom apartment includes a balcony with Manhattan views, dishwasher, ample closet space, and storage unit.

 

Contact Constantine if you would like to view these apartments at constantine@ny2reg.com

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New York Squared is featuring a two-bedroom apartment located in Astoria for $2,300. This recently renovated two-bedroom has a dining room area, open kitchen, and large living room. This two-bedroom is located on 31st Avenue and 41st Street in Astoria, approximately 5 minutes from the N/Q train and one block from the M/R train. This unit is also in a very centrally located area (one block form Steinway and one block from Broadway), but with the benefit of being on a quiet block.

No one knows better than New York residents about the joys of living in undersized apartments.  In fact, in a previous blog, New York Squared explored former Mayor Bloomberg’s proposal for the design of a “micro-unit” apartment.  The idea was to construct buildings that have apartments measuring 275-300 square feet, an amount smaller than what is allowed by current regulations.  But Graham Hill, an entrepreneur and found of www.treehugger.com, has come up with an environmentally friendly way of offering New York City residents a beautiful and functional 420 square foot apartment.

As you can see in this video at first glance, Mr. Hill’s project appears to be a small studio.  But within the small area, there are approximately eight functional spaces.  The living room and the office become the bedroom with a simple tug of the bookshelf.  What is impressive is that the shelf on the “murphy bed” wall actually remains a shelf once pulled down.  If you open one of the closets, you will find ten stackable chairs that go around a telescopic dining table for large dinner parties.  There is also an entire guest room with bunk beds and a closet is revealed behind wall that slides out on tracks.  The apartment also boasts a well-equipped kitchen and bathroom.

 

Check out the pictures and the transformation that this apartment undergoes.

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Remember when apartment-hunters would escape the seemingly overpriced Manhattan market and look for more affordable housing in Astoria? Well, according to some, those days are over. The Daily News published an article yesterday “Astoria no longer a middle-class enclave as housing prices soar.” In that article, the Daily News concluded that “Average sales prices for one-bedroom condos in Astoria crossed the $400,000 precipice for the first time….One-bedroom condos shot to $403,000 in the fourth quarter of 2013, up from $388,00 a year earlier.” In fact, the average price of an Astoria single family home has gone up as well, from $359,000 to $480,00, according to the Real Deal.

 

But does this mean that it is unlikely to find a one-bedroom unit in Astoria for less than $400,000? Does it also mean that there Astoria does not offer apartments that are more affordable than Manhattan? Untrue. A quick search on Street Easy shows that there are currently a little more than a dozen apartments listed for less than $400,000, ranging from 400 square feet to 1,100 square feet. Moreover, there are almost 90 one-bedroom apartments available, which are as large as 900 square feet.

Bottom line: for those nest-seekers looking for a larger apartment, more affordable apartment (with a quick commute into the city), Astoria may still be a viable option despite the uptick in prices.

 

Take a look at New York Squared’s historical news and transactions to see the recent trends in Astoria.

 

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Spacious two-bedroom apartment located in Astoria, on 25th Street and 35th Avenue.  This unit is approximately 650 square feet and has one bathroom.  This true two-bedroom apartment offers queen-sized bedrooms and is located in a rent-stabilized building.  The apartment is on the third floor and includes heat and hot water.  This apartment is available for $2,100 per month

 

Contact New York Squared at constantine@ny2reg.com if you would like to see this unit.

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Two Astoria 2BR Listings Below

The first is a newly renovated 2 bedroom apartment in an 8-family building available for $2,500 per month with the following:

  • Large open kitchen
  • Spacious living room
  • Dining room
  • On-site super
  • Good-sized bedrooms with closets
  • Approved pets allowed
  • Steps from the subway (1 block from M/R Broadway stop)

 

The second is newly renovated 2 bedroom apartment (no pets) with a backyard and parking (for an additional cost) for $2,100 per month with the following:

 

  • Massive living room
  • Great light
  • An abundance of closets
  • Large open kitchen
  • Steps from Astoria Park
  • 10 minute walk from subway (N/Q Ditmars stop)
  • Small pets are acceptable

 

Contact New York Squared to check these wonderful apartments out.

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