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Tag: queens new york

Why should you buy an apartment in Long Island City?

You can’t find a better place to buy an apartment in Long Island City and get a view of Manhattan than living in an apartment in Long Island City. Finding an apartment for sale in Long Island City can give you access to amazing stores, dining, museums, and outdoor features. You’ll never run out of things to do when you live in this area.

When you live in Long Island City, you’ll get the best of the suburbs and the best of big-city fun. This is an excellent place to live in a quiet environment without losing access to enjoyable activities. In addition, there are plenty of work opportunities in and around Long Island City and easy access to Manhattan. 

However, you shouldn’t jump into a Long Island City apartment without learning the basics of this area. Moving is a big deal no matter where you go, and things like the cost of living, atmosphere, and neighborhood can have a huge impact on your lifestyle. Please continue reading to learn the biggest reasons you should get an apartment in Long Island City. 

How much does it cost to live in Long Island City? 

One of the biggest reasons people struggle to move anywhere in New York State is the cost of living. Living on the outskirts of New York City in Long Island City can be an expensive experience compared to other places in the United States, but is a good alternative to living in Manhattan with much higher living cost. However, prices are decreasing in this local apartment and housing market. With this price decrease, there’s no time like the present to make your move to Long Island City. According to OLR*, Median Sales Price in November 2023 were $1,098,000, a 29.75% increase from last year.

*On-Line Residential

When looking to buy an apartment in Long Island City, there are many options. For example, you can choose an apartment that accommodates a family or an individual. People looking for an excellent view should choose an option that’s high up, while others might prefer a ground-floor Long Island City apartment or townhouse.

Why buy in Long Island City? 

Long Island City is a popular spot to live in for several reasons. Whether you buy a condo or a co-op in Long Island City, you can do things to accommodate your choices. In addition, choosing a versatile place to live is a great option for many people. You can enjoy everything from going out in the evening to enjoying a quiet night while living here. You’ll have an easy time getting around the city and going wherever you please, with easy access to many subway lines straight to Manhattan in 10 or 15 minutes. 

Dining 

One of the best parts of moving to a big city is having endless access to all types of food. You can enjoy everything from delicious ramen shops to authentic Mexican cuisine when you live in Long Island City. If you don’t feel like leaving the house, there are endless options for food delivery that you and your family can enjoy. Enhance your daily dining experiences by moving to Long Island City as soon as possible. 

Shopping 

Shopping is a fun activity for multiple people. Whether you consider it a guilty pleasure or a hobby, there are plenty of shopping options when you have Long Island City real estate. You can spend your morning shopping at the farmers market or spend your evening satisfying your inner fashion icon at one of the many boutiques. Are you looking for a leisurely day at the bookstore? There are plenty of options in Long Island City. 

Museums and Culture 

Satisfy the part of yourself that appreciates art by visiting one of the many art museums in Long Island City. The most popular one is the MoMA PS1, where you can enjoy several examples of contemporary art. If you’re more into 3D art, consider visiting The Noguchi Museum in Long Island City to see the best sculptures made by Isamu Noguchi. This sculpture garden is sure to pique your interest. 

Long Island City features a culture of learning for everyone. Visiting these museums is a great way to connect with others and broaden your horizons. Plus, it’s a fun way to kill an afternoon. There are plenty of various cultures in this area, so you’ll fit in comfortably, no matter your lifestyle. 

Enjoy the Outdoors 

The biggest reason people like moving to Long Island City is that you can get a touch of the big city lifestyle while enjoying the outdoors. Getting enough fresh air daily is important for your mental and physical health. Fortunately, you can get this fresh air by visiting Old Westbury Gardens or Planting Fields Arboretum. 

There are several things you can do during your day out. Walking around these gardens will help you relax and get in touch with nature from the comfort of the city. 

Summary 

So, after reading this information living in Long Island City can feel like a dream. Thankfully, you can turn this dream into a reality by searching for an apartment in the area. Our team at BARNES New York would love to help you with this experience. Our real estate agents understand the complexities of the market and can help you find the best deal to buy an apartment in Long Island City that suits your needs. We can also assist you with negotiating great deals for housing and apartments, depending on what you’re looking for. Contact us today to get started.

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Why should you buy an apartment in Astoria?

If you are looking for a place to call home in New York City, there may be one neighborhood to consider. Astoria is a neighborhood located in Queens. What makes it so popular is that it has a blend of city life and small town charm. 

If you are looking for houses for sale in Queens, the Astoria real estate market may have something in store for you. After all, you’re in one of the most culturally diverse boroughs in the entire city. You might even find yourself spending more time here than in Manhattan or any of the other boroughs. 

Let’s take a look at some of the reasons why you should buy an apartment in Astoria right now. 

It’s close to Manhattan 

If you work in Manhattan, you’re going to enjoy a short commute. Thus, it would make a ton of sense to live in Astoria. You’ll be close to several major highways and subway stations. 

With a robust transportation system, you can easily get around any corner of the city. You don’t have to have a car to get around. You’ll be surprised how much ground you can cover just by being in New York City alone. 

Buses and subways are any New Yorker’s best friend. It might be yours even if you move to Astoria.  

There are plenty of housing options 

If you are looking for housing options, Astoria has quite a few. You can buy a condo in Astoria if you are looking for something that is a bit upscale and something you can call your own. 

Otherwise, consider the idea to buy a co-op in Astoria. A co-op is similar to condos. The only difference is that you own shares in the company that owns the entire building. You need to follow the rules and regulations set by the co-op board. You’ll find a home that will fit your critical needs and preferences. Whether it’s a one-bedroom apartment or a single-family home, you can find something in Astoria that will match your affordability. 

One thing to keep in mind is the home prices. The home value in Queens is around $620,000 as of October 2023.* 

*Data issued from OLR

You are closer to air travel than ever 

Queens is the home base for LaGuardia and John F. Kennedy International Airport. If you are looking to hop on a domestic flight, LaGuardia has plenty of them (as does JFK). However, if you are a bit of the world traveler type, Kennedy is the go-to option.

You might even consider traveling to Newark if you think you can get a good deal on flights departing from there. Otherwise, you won’t be far from a jet that you can take off in. From your front door, you can go just about anywhere in Astoria. 

Summary

Astoria may be one of the most popular neighborhoods in Queens and for good reason. With its close proximity to Manhattan and diverse culture, you’d be hard-pressed to find a neighborhood that you can be proud to live in. 

Do you want to buy an apartment in Astoria? It’s easy – just contact a real estate agent who can be able to help. Contact us today and we’ll be able to find you a place that you can call home for years to come. 

Don’t miss your chance to live in one of the best neighborhoods in New York City.  

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What is the average home price in Queens? 

If you’re flying into New York City, one of the first places you’ll encounter is most likely Queens. This New York City neighborhood features two of the largest airports that greet people in the area. So, if you’re looking to move to an area that’s the epitome of the New York City lifestyle, Queens is the place for you. Plus, Queens is rich with history and American icons. 

Finding a home in Queens can be pricier than looking at other big cities in the United States. Unfortunately, New York City is known for exorbitant prices whether you’re eating out or looking for a place to stay. The housing market in this area is no different from the rest of the higher living costs. However, you can balance this out by finding a job in New York City that pays enough to live comfortably. 

So, are you interested in finding a place to live in Queens but don’t know where to start? We will discuss the average home price in Queens based on location, size, and home features. Our guide can help you make a seamless move to New York City. 

How expensive is it to live in Queens? 

The reasons for getting a property in New York City are obvious. There are plenty of places to work, eat, and hang out in the city that never sleeps. You can get apartments, condos, townhouses, and penthouses when you live in Queens. There’s no limit to the type of investment properties you can find while looking through realtor listings. It’s also important to pay attention to the neighborhood you choose, so you and your family feel comfortable in your new home. 

The location of your Queens home can have a huge impact on how much you’ll pay for the purchase. For example, if you’re looking for a house that’s close to the action, then you’ll spend much more than a house on the outskirts of the city. Many people are looking for a house that’s within walking distance from New York’s finest attractions, or at least close to a subway station.

As of September 2023, the median sale price for homes in Queens is $478,000* but varies significantly based on the features that come with the home. For example, if you want to purchase an apartment that’s high up, so you have a beautiful view of the city, that will cost you more. Neighborhoods like Malba, Queensboro Hill and College Point, as well as Hunters Point, right across from Manhattan, are among the most expensive areas in Queens.

*Data from PropertyShark

What neighborhood should you live in? 

Whenever you choose a place to live in New York, it’s important to consider all of the neighborhoods in the area you’re interested in. The neighborhood you choose should be suitable to your home life and close to places you enjoy. For example, you might prioritize living in a neighborhood close to work over neighborhoods offering other features. 

Plenty of people live in Queens and seek the suburban lifestyle. Having a relaxing place to start a family is a great way to feel confident about life ventures. However, no matter where you live in Queens, there are plenty of ways to access the urban parts of NYC. So, you can enjoy the peace of living in a quiet neighborhood, like Forrest Hills, or choose a neighborhood close to Manhattan, like Astoria. 

The Queens neighborhood that works best for you depends on your financial situation and the places you visit most often. Astoria is one of the most popular neighborhoods in Queens because it’s the easiest way to access the big city parts of New York City. However, plenty of people prefer a quiet environment over convenience. Finding a property for sale in Queens is easy, depending on your neighborhood. 

What is the average price of a Queens penthouse? 

So, are you looking to buy a property in Queens? One of the most popular options for Queens real estate is the penthouses. You can enjoy the beautiful views offered by these penthouses as soon as you wake up in the morning. This type of property overlooks some of the most vibrant places in New York City and nearby. 

The median sales price in Queens for a penthouse fluctuates depending on the neighborhood. Some neighborhoods go for higher values than others in New York City, which isn’t too surprising. However, the most expensive Queens condo listed as of early 2023 was almost $5 million. They can get pricey depending on the features they offer, especially for luxury living. 

* Data from The Wall Street Journal

What is the average price of a Queens townhouse? 

Another popular way to enjoy living in Queens is to get a townhouse. People enjoy these types of properties because they can feel more traditional than other types of NYC properties. The amount you’ll spend on a Queens townhouse is usually around $752,000, but the price changes a lot depending on features and location. People feel comfortable living in a townhouse because it offers classic suburban living. 

What is the average price of a Queens condo or coop? 

People who value convenience over other aspects of Property buying love living in a condo. It’s common for condos to offer a local gym, meeting halls, and central locations. However, you can purchase a luxurious condo in Manhattan or one that has the bare minimum for your comfort level. The median cost for Queens real estate that surrounds condos is $685,000 as of September 2023, while the coop market started at around $293,000.

Summary 

So, are you ready to buy a property in Queens based on this information? There is no shortage of things to do in Queens, and you can reap the benefits of a suburban lifestyle. There are several neighborhoods you can choose from, and are our team of experts will gladly assist you with the decision. We are familiar with the Queens area and dedicated to helping our clients. Contact us today for a consultation so we can help you get the Queens real estate property of your dreams. 

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What is the housing price in Queens?

Do you want to know more about the housing price in Queens? When deciding where to live, cost is a major factor to consider. Purchasing a home is a massive investment, so getting an idea of the prices for a specific area is important. New York has a reputation for small apartments with high rents, but this isn’t the case everywhere. There are many houses, decently sized apartments, condos, and more for sale in Queens.

Queens traces its roots back to the 1600’s, when it was founded as one of the original counties comprising the Province of New York. From these humble beginnings, it has since exploded in growth and population. Queens is currently the second-most populated county in New York state, also making it the second-largest borough in all of New York City.

What is the state of the Queens real estate market?

In 2020, the Queens real estate market slowed. However, it never fully stopped, which has allowed a quick recovery and rapid growth. In quarter 1 of 2021, the median sale price was half of what it had been a year prior. The market then boomed, with the second quarter of 2021 median sale price being more than twice what it had been the previous year. The median fell by roughly $200,000 for the remaining two quarters, but prices were still much higher than they had been in 2020.

In 2020, there were a total of 9,857 real estate transactions across the entire year. The most transactions occurred in quarter 4, with 3,179, and the fewest number of transactions, 1,610, happened in Quarter 4. In contrast, 2021 saw 14,922 real estate transactions. Quarter 1 saw the fewest, with 3,282, and Quarter 3 saw the most, with 4,350. Even when the Queens real estate market was at its lowest, it managed to outshine 2020’s market.*

As of May 2022, the median sale price in Queens was $545,000, with a price of $615 per sq. ft., and 1,064 transactions, while the second quarter of 2022 saw 4,178 sales, a 18.8% year over year.

The pandemic caused many people to be stuck in their homes for long periods of time. This gave people a new perspective on their spaces and drove demand away from crowded places like Manhattan and toward more open locations like Queens. Small apartments are no longer preferable since being quarantined inside a small space can become uncomfortable quickly. As a result, demand for luxury houses for sale in Queens increased, which drove prices up in tandem. The median house sale price in Queens in May was $798,000, up 6% year-over-year, while coop and condo prices were down 3%, showing a need for more space and less cramped, confined apartments.

Queens is the fourth most expensive borough in New York City. This, alongside its beautiful neighborhoods and cultural diversity, caused the demand for housing in Queens to grow even before the pandemic, and 2021 only saw the demand soar to new heights. As a result, housing prices are up, and rents are climbing.

*Data from PropertyShark

View of the 7 Express train subway line in Queens, with the Manhattan skyline in the background during sunset.
A picture of the Unisphere, a spherical stainless steel representation of Earth located in the Meadows–Corona Park in Flushing, Queens.

Where is the best place to look for real estate in Queens?

When looking to purchase real estate, there are plenty of diverse neighborhoods to choose from. If you’re looking at apartments for sale in Queens, consider looking in Astoria. With its heavy Greek influence, a Little Egypt, and an abundance of family-owned businesses, Astoria proves to be an enticing choice. This is compounded further by the combination of affordable and high-end housing and a growing reputation for fine dining. House prices here range from $250,000 to well over $2 million. There’s somewhere for you here, no matter your budget.

When looking for condos or co-ops, Long Island City and Jackson Heights spring to mind. Jackson Heights has quiet and historic residential areas, such as the Historic District, and busier commercial areas that provide the neighborhood with a bustling nightlife. It can be busy, but there is a variety of different cultural restaurants from places like Tibet and India that make the hustle worth it. Home prices here range from $300,00 to under $1,500,000. Long Island City can be quiet during the day, but also has a vibrant nightlife with concerts, weekend markets, and cocktail bars. With a past of industrialism and newer modern additions, the city’s luxury high-rises each have their own unique flair. The house prices here tend to be closer to $1 million, with most being higher.

If luxury is the goal, Jamaica Estates, a subsection of the larger neighborhood of Jamaica, and Forest Hills Gardens are the best choices. Jamaica Estates is a beautiful neighborhood with a diverse mix of cultures. The stunning sights of the colorful city, elaborate architecture, and stunning tree-lined streets mean that homes here are priced between $1,000,000 and $3,000,000. Forest Hills Gardens is also one of the most expensive neighborhoods in Queens. The quiet residential districts surrounded by parks and gardens have easy access to The West Side Tennis Club, resulting in house prices that can be quite extravagant. While you can find homes of all prices, many are near or over $1,000,000, with some being nearly $4,000,000.

What to consider when looking in Queens?

Vie of Queens and the high rises of Long Island City downtown borough skyline at dusk.

When looking at real estate in Queens, knowing what you’re looking for will help dictate the prices you should expect. When looking at the neighborhoods, homes typically range between over $200,000 and $4,000,000. This large range shows how diverse Queens is.

With more affordable homes found in Jackson Heights and Astoria and much more expensive offerings in Jamaica Estates, Long Island City and Forest Hills Gardens, there’s someplace in Queens for your budget. However, there are many other neighborhoods to consider. Each one provides different cultures, views, amenities, and more.

The western portions of Queens have beaches and beachfront properties. Places like Astoria and Flushing are rich in museums and culture. Other neighborhoods are filled with trees. Every one of them has a unique mix of cultures. Whether you’re looking for a quiet, expensive property or an apartment in a busy city, Queens has something to pique your interest. If you’re looking for a space to call your own, BARNES New York can help guide you.

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