There are a lot of reasons to buy in Astoria, like its proximity to Manhattan and its plethora of ethnic food options. Home prices are more reasonable than those in much of Brooklyn and Manhattan, but still higher than average prices in greater Queens. So, finding a stellar 1-bedroom like 25-40 31st Ave. #4D is noteworthy. Our Deal of the Week boasts a modern kitchen, lots of storage space, and a convenient location in the middle of the neighborhood.
Learn more about our Deal of the Week!
The Price: $635,000
The median asking price for a home in Astoria was $825,000 this August, according to the StreetEasy Data Dashboard. That means our Deal of the Week is priced about $200K below the median asking price for the neighborhood!
Buyers who put down the 20% minimum down payment of $127,000 can expect monthly payments of $4,433. This includes a mortgage payment of $3,507 and a maintenance fee of $926.
Why You’ll Love It…
We’re not sure what’s more impressive: the number of windows this unit has, or the number of closets. Every room has a window, including the kitchen and the bathroom, and the bedroom has two exposures: one to the west and one to the north. The bedroom also boasts two closets, and you’ll find two more outside the kitchen and another in the foyer.
Speaking of the foyer, this entryway is large enough for a desk or a couple of console tables. The space is bursting with pre-war charm, from the hardwood floors to the three arched doorways that lead to the rest of the apartment. One leads to the generously sized living room, one leads to the bathroom and bedroom, and the last leads to the kitchen, which has been thoughtfully renovated.
While it’s a galley-style kitchen, it doesn’t look cramped at all. There’s plenty of storage in Thomasville cabinets and food prep space on the quartz countertops — not to mention all that space to wash dishes in the apron-style sink. However, with the inclusion of a stainless steel dishwasher, you shouldn’t have to worry about the sink’s dish capacity! The dining nook in the kitchen is perfect for a four-seater table and has built-in shelves for extra storage.
This unit is located in a pre-war co-op, complete with an elevator, live-in super, common laundry room, and pet-friendly policy. Outdoor spaces include a common courtyard and a vegetable garden for tenants to share. You can also rent additional on-site storage for an extra fee. Transit should be a snap as the N and W trains stop a few blocks away at Broadway and 31st. And you’ll never be without a good place to eat: nearby eateries include King Souvlaki, Burger Club, and Mom’s Kitchen & Bar.
…And Why You Might Not
The listing doesn’t specify what types of purchases are permitted by the co-op board, so it might not be a fit for every type of buyer. And while living on a major thoroughfare like 31st certainly has its perks, it might be a bit loud for some. But it’s hard to deny how great of a steal this apartment is, considering its amenities and features!
Check out the listing at 25-40 31st Ave. #4D, listed by Etie Khan of Corcoran.
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