The Concord

The Concord is a Co-op located 25-40 31st Avenue, in Astoria, Astoria. The building was first built in 1939 and is 85 years old. It was first renovated and altered in 1981. The lot that the building was built on is 175 feet wide and 201 feet long. The official lot area is listed as 35,600 square feet. The building itself is 168 feet wide and 160 feet long. In total, 25-40 31st Avenue has a total floor area of 100,000 square feet. Of that, 100,000 square feet are used for residential purposes. There are a total of 121 units. Of those, 121 are residential units. 25-40 31st Avenue has a total of 6 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. Residents who own pets will be happy to hear that the building is pet-friendly. Only cats are allowed in the building. There are 115 closings on record, of which we have matching data for 17 listings. In the past 3 years, a listing in this building will typically remain on the market for about 116 days and tend to sell below the original asking price of $495,000 by 10.43%. Meaning, listings tend to sell at a median of $720 price per square foot. The transaction that took the longest to complete was unit 1D, listed on Sep 15, 2020 for $699,000. This particular unit ultimately sold 321 days later for $575,000. The most recent transaction was for unit 1L, which was first advertised on Sep 16, 2023, sold for $500,000 on Dec 19, 2023. Fun fact, the oldest transaction we have on record took place on Apr 30, 1984. See the full transaction history for The Concord below.

Astoria, where 25-40 31st Avenue is located, has a median asking price of $350,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $495,000. For interested buyers, that means the building's median asking price is around 0.41% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There are currently 4 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 $595,000. It is a 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $365,000. It is a studio and 1 bathroom unit. A breakdown of active listings shows 2 studio, 2 one-bedroom, units for sale! The median price of all the active units for sale in the building is $490,000. Active units for sale at 25-40 31st Avenue have a median count of 0.5 bedrooms and have a median count of 1 bathroom.