The price of real estate in¬†Astoria Queens¬†is on the rise. If you are in the market for a new home or aparment in NYC, Astoria is the prime locaction to purchase your house.
Each day Astoria Queens is becomming more and more like Manhattan with skyscrapers and new businesses opening. At one point Astoria Federal was the only bank around. There are now a Washington Mutual, Commerce, amoungst others. The cost of property will skyrocket even further then it already has in time to come. The average prices per square foot in Queens is between $250 to $400. This is in reference to a co-op.
Two family and single family homes are becomming more scarce so the prices will rise there the most. Condos, apartment buildings and skyscrapers are some of the fastest types of residences to show up.