astoria

Yep 270 should be be in the ballpark....probably lower. Where are you looking? There's a ton of shit going up and jobs have disappeared to sustain these higher price points..........

well im on 29th and broadway area now and i like it around there. So somewhere in that viscinity. Im not sure if i should look coop or condo. Tough decision. Id like to find a place that has easy parking in the street like it is over here or somewhere that has parking that isnt too expensive. I walked past the luxe on like 24th and 30th ave and another one on 38th and 30th but i think they are out of my price range. hoping they come down more. Thanks for the reply mchale

Hey you're right by Sac's and C-Town. I grew up in this neighborhood. Hung out at Walken's Cafe back in the 80's/90's. Workout out at ClubFitness right after the EL. There are two Condo building going up right around the corner under the EL...who's going to buy with the train rumbling by? I'm sure these will go cheap. There's a ton of buildings going up around the area especially in Long Island City, a bunch on 21st too. I live right around the corner from the LUXE at Crescent Towers. They wanted $240K fr my one bedroom doorman building with acity view....I got it for $95K with an indoor garage. Wait it out same thing will happen only this time it's worse!!!!

That was in 92 after the last Real Estate Bust

yeah i go to that gym too. great gym. Yeah I saw those condos. was wondering if there are any windows that are capable of blocking that noise out. this will be my first purchase so its little nerve racking. i was gonna buy a coop on 97th and park last year but my union lawyer told me not to go through with it. it was one of those hdfc programs based on salary. it was like 225k but when u sell it you only get like 65% percent of the selling price. Said the building finances werent good. thanks for the info. I really appreciate it.

i cant believe you got it lowered that much. pretty amazing

Any updates was just looking in astoria it seems to be the same after almost a year??

The prices are still relatively the same. Not much of a drop and the units are certainly not worth what they are asking for. Astoria is a decent neighborhood but it definitly doesnt warrant 600 p.s.f.

On the other hand you have condos priced at $399K for a one bedroom and there are some co-ops out there built in the 1920's priced at $200-225K. You put down 20% and you will have the same montly payments mostly due to the fact that the coop's maintenance is $1K per month.

The max price for the Astoria condos should be at 250K not 399.
Will crash in due time.