Small Wonder

An almost-new Astoria studio that's got all the bells and whistles for under $500,000

Share this Article

If your tastes veer toward new construction, you may want to take a close look at this $480,000 studio  in Astoria, Queens. And while the asking price may seem high, the monthlies are low.

There's also a 421-1 tax abatement in effect, which brings taxes to only $30 a month until 2026. Common charges are $165 a month. 

The apartment's got a totally stainless kitchen and a noticeably large, suburban-style fridge (we're suckers for freezer drawers ourselves). There's also a crystallized glass countertop, an of-the-moment new development touch. (Note, though, that you wouldn't actually be the first person to own this place — it's a resale).

The bathroom has a deep soaking tub, a rain shower, built-in shelves, and a combination of porcelain and ceramic tiles.

Aall these high-end touches are probably the reason the apartment is over $100,000 more than the average price for comparable apartments sold in the last year.

The building, called the Santorini (an homage to the Greek island), has a part-time doorman, full-time super and video intercom. It's also got all the new construction bells and whistles, like laundry on every floor, a gym, gaming lounge, and a roof deck outfitted with grills. There's parking, bike storage and storage cages for additional fees, and the building is about a block from the N and Q trains, and a few blocks from the M and R.


How do I find a studio that doesn't feel like a jail cell?