East River Tower

East River Tower is a condo located 11-24 31st Avenue, in Astoria, Astoria. The building was first built in 2007 and is 17 years old. The lot that the building was built on is 81 feet wide and 217 feet long. The official lot area is listed as 34,340 square feet. The building itself is 80 feet wide and 65 feet long. In total, 11-24 31st Avenue has a total floor area of 77,196 square feet. Of that, 63,579 square feet are used for residential purposes. About 13,617 square feet of the building are used for commercial purposes. Additionally, the building has a 3,213 square feet garage. There are a total of 164 units. Of those, 75 are residential units. There are 89 commercial units. 11-24 31st Avenue has a total of 20 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! Better yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 132 closings on record, of which we have matching data for 29 listings. In the past 3 years, a listing in this building will typically remain on the market for about 180 days and tend to sell below the original asking price of $815,000 by 4.79%. Meaning, listings tend to sell at a median of $956 price per square foot. The transaction that took the longest to complete was unit 5E, listed on Feb 27, 2017 for $995,000. This particular unit ultimately sold 365 days later for $1,020,000. The most recent transaction was for unit 17A, which was first advertised on Jun 07, 2023, sold for $873,000 on Oct 31, 2023. Fun fact, the oldest transaction we have on record took place on Apr 27, 2011. See the full transaction history for East River Tower below.

Astoria, where 11-24 31st Avenue is located, has a median asking price of $749,210 for condo buildings. Meanwhile, the building itself has a median asking price of $815,000. For interested buyers, that means the building's median asking price is around 1.33% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $1,100,000. It is a 933 sqft 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $799,000. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 1 one-bedroom, 1 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $949,500. Collectively, the median square footage of these active units for sale is 467 sqft. Active units for sale at 11-24 31st Avenue are mostly 1.5-bedroom apartments Active units for sale at 11-24 31st Avenue have a median count of 1.5 bedrooms and have a median count of 1.5 bathrooms.