Astoria & Long Island City multifamily & commercial real estate market
Recorded sales, prices, construction, lending and ownership for income and commercial property in Astoria & Long Island City, updated monthly from NYC public records. Data through September 2026. Covers Astoria and Long Island City.
Get new sales, permits and off-market deals here in your weekly Pulse brief.
$1.1B351 sales, last 12 months▼ 9.9% YoY
$604Median price / sq ft▲ 4.5% YoY
$533KMedian price / unit (multifamily)▲ 5.7% YoY
32Off-market listings on Crezly now
October 2026 summary
351 income-property sales were recorded in Astoria & Long Island City over the 12 months ending September 2026, totaling $1.1B in dollar volume. The sales count was down 6.6% and dollar volume was down 9.9% versus the prior 12 months. Pricing moved the other way: the median price per square foot was $604, up 4.5%, and the median price per residential unit for multifamily and mixed-use properties was $533K, up 5.7%. DOB construction permits totaled 1,025, down 24.7%. 1% of multifamily/mixed-use parcels carried a Motivated-Seller Score of 10 or higher, against 2.8% citywide. JPMorgan Chase Bank, N.A. recorded 53 mortgages, the most of any lender.
Market trends
Recorded sales volume by month
October 2024 – September 2026. Hover or tap a month for its figure.
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Month
Sales
Volume
October 2024
25
$36.7M
November 2024
29
$74.4M
December 2024
34
$86.4M
January 2025
32
$103.3M
February 2025
23
$41.9M
March 2025
35
$87M
April 2025
41
$125.5M
May 2025
32
$53.9M
June 2025
27
$339.9M
July 2025
35
$92.4M
August 2025
33
$90M
September 2025
30
$102.6M
October 2025
23
$78.5M
November 2025
33
$75.6M
December 2025
25
$75.4M
January 2026
37
$161.4M
February 2026
27
$64.4M
March 2026
27
$207.1M
April 2026
21
$53.2M
May 2026
26
$81M
June 2026
32
$56M
July 2026
46
$129M
August 2026
24
$49M
September 2026
30
$81.8M
Median price per square foot
Rolling 3-month median of recorded sales with a building area. Gaps mean fewer than five priced sales.
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Month
Median $/sf (3-mo)
October 2024
$608
November 2024
$598
December 2024
$553
January 2025
$526
February 2025
$575
March 2025
$584
April 2025
$576
May 2025
$556
June 2025
$561
July 2025
$578
August 2025
$603
September 2025
$617
October 2025
$603
November 2025
$637
December 2025
$602
January 2026
$612
February 2026
$583
March 2026
$586
April 2026
$577
May 2026
$624
June 2026
$651
July 2026
$646
August 2026
$621
September 2026
$575
Construction permits issued
Initial DOB NOW permits for construction work (sheds, fences, scaffolds and signs excluded) — a leading indicator of repositioning and new supply.
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Month
Permits
October 2024
146
November 2024
119
December 2024
111
January 2025
112
February 2025
97
March 2025
111
April 2025
140
May 2025
99
June 2025
106
July 2025
108
August 2025
101
September 2025
111
October 2025
125
November 2025
94
December 2025
88
January 2026
103
February 2026
86
March 2026
99
April 2026
105
May 2026
92
June 2026
103
July 2026
99
August 2026
31
September 2026
0
What trades here
Share of recorded sales by asset class, last 12 months.
Show the data
Asset class
Sales
Multifamily
257
Industrial
27
Mixed Use
27
Retail
16
Other
13
Hospitality
4
Office
4
Development
3
Seller distress
1% of 14,014 multifamily and mixed-use parcels in Astoria & Long Island City carry a Motivated-Seller Score of 10+ as of October 2026, down from 1.1% in August 2026. Citywide the figure is 2.8%.
Astoria & Long Island City
NYC
The score weighs estimated loan maturity, tax liens, open HPD violations, evictions, ownership tenure and transfer activity. It is a signal, not a prediction.
What is the price per square foot for commercial and multifamily property in Astoria & Long Island City?
The median recorded sale was $604 per square foot across 343 priced income-property sales in the 12 months to September 2026, up 4.5% on the prior year.
How much do multifamily buildings sell for per unit in Astoria & Long Island City?
Multifamily and mixed-use buildings sold for a median of $533K per residential unit in the 12 months to September 2026, across 284 recorded sales.
How many commercial real estate sales were there in Astoria & Long Island City last year?
351 income-property sales worth $1.1B were recorded in the 12 months to September 2026 (deeds of $100,000 or more, excluding single-family homes and condo units).
Who lends on commercial property in Astoria & Long Island City?
The most active institutional lender over the last 12 months was JPMorgan Chase Bank, N.A., with 53 recorded mortgages. The Crezly lender directory ranks every lender by recorded loans.
Track Astoria & Long Island City deals as they happen
New sales, permits, off-market listings and distress signals, in one weekly brief.
Compiled by Crezly from NYC public records: ACRIS deeds and mortgages (recorded through September 2026), DOB NOW permits, PLUTO and HPD. Sales are recorded deeds of $100,000+ on income and commercial property (multifamily incl. two-family, mixed-use, retail, office, industrial, development, hospitality); single-family homes and condo units are excluded. Staten Island deeds are recorded by the Richmond County Clerk and are not in ACRIS. Neighborhoods follow NYC Community District boundaries. Not legal, financial or investment advice.
