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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 July 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▼ 7.3% YoY
$611Median price / sq ft▲ 5.3% YoY
$518KMedian price / unit (multifamily)▲ 1.6% YoY
21Off-market listings on Crezly now
September 2026 summary

351 income-property sales were recorded in Astoria & Long Island City over the 12 months ending July 2026, totaling $1.1B in dollar volume. The sales count was down 3.3% and dollar volume was down 7.3% versus the prior 12 months. The median price per square foot was $611, up 5.3%, while the median price per residential unit for multifamily and mixed-use properties was $518K, up 1.6%. DOB construction permits totaled 1,206, down 12.9%. 1.1% of multifamily and mixed-use parcels carried a Motivated-Seller Score of 10 or above, compared with 2.9% citywide. JPMorgan Chase Bank, N.A. recorded 59 mortgages, the most of any lender.

Market trends

Recorded sales volume by month

August 2024 – July 2026. Hover or tap a month for its figure.

$0$100M$200M$300M$400MAugust 2024: $58.3M in recorded salesSeptember 2024: $94.4M in recorded salesOctober 2024: $36.7M in recorded salesNovember 2024: $74.4M in recorded salesDecember 2024: $86.4M in recorded salesJanuary 2025: $103.3M in recorded salesFebruary 2025: $41.9M in recorded salesMarch 2025: $87M in recorded salesApril 2025: $125.5M in recorded salesMay 2025: $53.9M in recorded salesJune 2025: $339.9M in recorded salesJuly 2025: $92.4M in recorded salesAugust 2025: $90M in recorded salesSeptember 2025: $102.6M in recorded salesOctober 2025: $78.5M in recorded salesNovember 2025: $75.6M in recorded salesDecember 2025: $75.4M in recorded salesJanuary 2026: $161.4M in recorded salesFebruary 2026: $64.4M in recorded salesMarch 2026: $207.1M in recorded salesApril 2026: $53.2M in recorded salesMay 2026: $81M in recorded salesJune 2026: $56M in recorded salesJuly 2026: $61.4M in recorded sales$61.4MOct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
$0$100M$200M$300M$400MAugust 2024: $58.3M in recorded salesSeptember 2024: $94.4M in recorded salesOctober 2024: $36.7M in recorded salesNovember 2024: $74.4M in recorded salesDecember 2024: $86.4M in recorded salesJanuary 2025: $103.3M in recorded salesFebruary 2025: $41.9M in recorded salesMarch 2025: $87M in recorded salesApril 2025: $125.5M in recorded salesMay 2025: $53.9M in recorded salesJune 2025: $339.9M in recorded salesJuly 2025: $92.4M in recorded salesAugust 2025: $90M in recorded salesSeptember 2025: $102.6M in recorded salesOctober 2025: $78.5M in recorded salesNovember 2025: $75.6M in recorded salesDecember 2025: $75.4M in recorded salesJanuary 2026: $161.4M in recorded salesFebruary 2026: $64.4M in recorded salesMarch 2026: $207.1M in recorded salesApril 2026: $53.2M in recorded salesMay 2026: $81M in recorded salesJune 2026: $56M in recorded salesJuly 2026: $61.4M in recorded sales$61.4MJan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthSalesVolume
August 202423$58.3M
September 202427$94.4M
October 202425$36.7M
November 202429$74.4M
December 202434$86.4M
January 202532$103.3M
February 202523$41.9M
March 202535$87M
April 202541$125.5M
May 202532$53.9M
June 202527$339.9M
July 202535$92.4M
August 202533$90M
September 202530$102.6M
October 202523$78.5M
November 202533$75.6M
December 202525$75.4M
January 202637$161.4M
February 202627$64.4M
March 202627$207.1M
April 202621$53.2M
May 202626$81M
June 202632$56M
July 202637$61.4M

Median price per square foot

Rolling 3-month median of recorded sales with a building area. Gaps mean fewer than five priced sales.

$400$600$800August 2024: $579 per sq ft (3-month median)September 2024: $608 per sq ft (3-month median)October 2024: $608 per sq ft (3-month median)November 2024: $598 per sq ft (3-month median)December 2024: $553 per sq ft (3-month median)January 2025: $526 per sq ft (3-month median)February 2025: $575 per sq ft (3-month median)March 2025: $584 per sq ft (3-month median)April 2025: $576 per sq ft (3-month median)May 2025: $556 per sq ft (3-month median)June 2025: $561 per sq ft (3-month median)July 2025: $578 per sq ft (3-month median)August 2025: $603 per sq ft (3-month median)September 2025: $617 per sq ft (3-month median)October 2025: $603 per sq ft (3-month median)November 2025: $637 per sq ft (3-month median)December 2025: $602 per sq ft (3-month median)January 2026: $612 per sq ft (3-month median)February 2026: $583 per sq ft (3-month median)March 2026: $586 per sq ft (3-month median)April 2026: $577 per sq ft (3-month median)May 2026: $624 per sq ft (3-month median)June 2026: $651 per sq ft (3-month median)July 2026: $640 per sq ft (3-month median)$640Oct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
$400$600$800August 2024: $579 per sq ft (3-month median)September 2024: $608 per sq ft (3-month median)October 2024: $608 per sq ft (3-month median)November 2024: $598 per sq ft (3-month median)December 2024: $553 per sq ft (3-month median)January 2025: $526 per sq ft (3-month median)February 2025: $575 per sq ft (3-month median)March 2025: $584 per sq ft (3-month median)April 2025: $576 per sq ft (3-month median)May 2025: $556 per sq ft (3-month median)June 2025: $561 per sq ft (3-month median)July 2025: $578 per sq ft (3-month median)August 2025: $603 per sq ft (3-month median)September 2025: $617 per sq ft (3-month median)October 2025: $603 per sq ft (3-month median)November 2025: $637 per sq ft (3-month median)December 2025: $602 per sq ft (3-month median)January 2026: $612 per sq ft (3-month median)February 2026: $583 per sq ft (3-month median)March 2026: $586 per sq ft (3-month median)April 2026: $577 per sq ft (3-month median)May 2026: $624 per sq ft (3-month median)June 2026: $651 per sq ft (3-month median)July 2026: $640 per sq ft (3-month median)$640Jan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthMedian $/sf (3-mo)
August 2024$579
September 2024$608
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$640

Construction permits issued

Initial DOB NOW permits for construction work (sheds, fences, scaffolds and signs excluded) — a leading indicator of repositioning and new supply.

050100150200August 2024: 125 construction permitsSeptember 2024: 110 construction permitsOctober 2024: 146 construction permitsNovember 2024: 119 construction permitsDecember 2024: 111 construction permitsJanuary 2025: 112 construction permitsFebruary 2025: 97 construction permitsMarch 2025: 111 construction permitsApril 2025: 140 construction permitsMay 2025: 99 construction permitsJune 2025: 106 construction permitsJuly 2025: 108 construction permitsAugust 2025: 101 construction permitsSeptember 2025: 111 construction permitsOctober 2025: 125 construction permitsNovember 2025: 94 construction permitsDecember 2025: 88 construction permitsJanuary 2026: 103 construction permitsFebruary 2026: 86 construction permitsMarch 2026: 99 construction permitsApril 2026: 105 construction permitsMay 2026: 92 construction permitsJune 2026: 103 construction permitsJuly 2026: 99 construction permits99Oct ’24Jan ’25Apr ’25Jul ’25Oct ’25Jan ’26Apr ’26Jul ’26
050100150200August 2024: 125 construction permitsSeptember 2024: 110 construction permitsOctober 2024: 146 construction permitsNovember 2024: 119 construction permitsDecember 2024: 111 construction permitsJanuary 2025: 112 construction permitsFebruary 2025: 97 construction permitsMarch 2025: 111 construction permitsApril 2025: 140 construction permitsMay 2025: 99 construction permitsJune 2025: 106 construction permitsJuly 2025: 108 construction permitsAugust 2025: 101 construction permitsSeptember 2025: 111 construction permitsOctober 2025: 125 construction permitsNovember 2025: 94 construction permitsDecember 2025: 88 construction permitsJanuary 2026: 103 construction permitsFebruary 2026: 86 construction permitsMarch 2026: 99 construction permitsApril 2026: 105 construction permitsMay 2026: 92 construction permitsJune 2026: 103 construction permitsJuly 2026: 99 construction permits99Jan ’25Jul ’25Jan ’26Jul ’26
Show the data
MonthPermits
August 2024125
September 2024110
October 2024146
November 2024119
December 2024111
January 2025112
February 202597
March 2025111
April 2025140
May 202599
June 2025106
July 2025108
August 2025101
September 2025111
October 2025125
November 202594
December 202588
January 2026103
February 202686
March 202699
April 2026105
May 202692
June 2026103
July 202699

What trades here

Share of recorded sales by asset class, last 12 months.

Multifamily: 258 sales (74%)Multifamily74% · 258Industrial: 28 sales (8%)Industrial8% · 28Mixed Use: 28 sales (8%)Mixed Use8% · 28Retail: 14 sales (4%)Retail4% · 14Other: 12 sales (3%)Other3% · 12Office: 6 sales (2%)Office2% · 6Hospitality: 4 sales (1%)Hospitality1% · 4Development: 1 sales (0%)Development0% · 1
Multifamily: 258 sales (74%)Multifamily74% · 258Industrial: 28 sales (8%)Industrial8% · 28Mixed Use: 28 sales (8%)Mixed Use8% · 28Retail: 14 sales (4%)Retail4% · 14Other: 12 sales (3%)Other3% · 12Office: 6 sales (2%)Office2% · 6Hospitality: 4 sales (1%)Hospitality1% · 4Development: 1 sales (0%)Development0% · 1
Show the data
Asset classSales
Multifamily258
Industrial28
Mixed Use28
Retail14
Other12
Office6
Hospitality4
Development1

Seller distress

1.1% of 14,014 multifamily and mixed-use parcels in Astoria & Long Island City carry a Motivated-Seller Score of 10+ as of September 2026, unchanged from 1.1% in August 2026. Citywide the figure is 2.9%.

The score weighs estimated loan maturity, tax liens, open HPD violations, evictions, ownership tenure and transfer activity. It is a signal, not a prediction.

See the parcels behind this number →

Biggest sales last quarter

PropertyTypeRecordedPrice
47-15 34 AvenueRetailMay 2026$31M
37-25 21 StreetSpecial PurposeJun 2026$12M
33-09 37 AvenueIndustrial / WarehouseJul 2026$5.5M
31-11 30 StreetMultifamilyMay 2026$5.3M
3-02 26 AvenueIndustrial / WarehouseMay 2026$4.2M

Most active lenders

Institutional mortgages recorded in the last 12 months.

  1. JPMorgan Chase Bank, N.A.59 loans · $43M
  2. Citizens Bank NA23 loans · $10.4M
  3. TD Bank NA23 loans · $8.9M
  4. Maspeth Federal Savings And Loan Association14 loans · $8.8M
  5. Rocket Mortgage, LLC13 loans · $6.4M
Lender directory →

Largest owners

Income-property parcels held, public record (companies only).

  1. National Railroad Passenger Corp21 parcels
  2. Lito Properties LLC11 parcels · 17 units
  3. Associates 21, LLC9 parcels · 47 units
  4. W B Werwaiss Realty LLC9 parcels · 12 units
  5. Aris Crescent II LLC8 parcels · 256 units
Largest Queens landlords → · Owner directory

Off-market deals in Astoria & Long Island City

$2.1M3 Family Astoria3 units
$4.2MDevelopment Site Long Island City
$110M157 Unit Mixed Use Astoria157 units
$1.6M6 Family Astoria6 units

All 21 listings in Astoria & Long Island City →

Frequently asked questions

What is the price per square foot for commercial and multifamily property in Astoria & Long Island City?

The median recorded sale was $611 per square foot across 347 priced income-property sales in the 12 months to July 2026, up 5.3% 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 $518K per residential unit in the 12 months to July 2026, across 286 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 July 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 59 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.
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Nearby neighborhoods

Property records in Astoria & Long Island City

Queens market · NYC market overview · Queens property records index · Motivated sellers · Lender directory · Property map

Compiled by Crezly from NYC public records: ACRIS deeds and mortgages (recorded through July 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.