{"id":73069,"date":"2014-01-27T13:15:34","date_gmt":"2014-01-27T18:15:34","guid":{"rendered":"https:\/\/www.livabl.com\/articles\/?p=73069"},"modified":"2014-01-27T13:15:34","modified_gmt":"2014-01-27T18:15:34","slug":"25-27-23rd-street","status":"publish","type":"post","link":"https:\/\/www.livabl.com\/articles\/archives\/25-27-23rd-street","title":{"rendered":"New three-story, 36-unit building at 25-27 23rd Street"},"content":{"rendered":"

<\/h4>

\"25-27<\/a><\/p>\n

Image: GMAP<\/a><\/em><\/p>\n

A new residential building is a-rising at 25-27 23rd Street in Astoria.<\/p>\n

The three-story development will have 36 units, with Long Island City-based GKA Design Group as the architect of record, according to the plan exam application filed January 24th<\/a>.<\/p>\n

The proposed 23,906-square-foot building, located between Astoria Boulevard and 25th Road, will rise on two combined lots. Last year, the developer, 25-27 Astoria LLC, acquired a two-family brick building at 25-27 23rd for $999,500 and a one-story garage at 25-17 23rd for $790,000.<\/p>\n

Demolition permits<\/a> were filed in December<\/a> for the existing buildings at both lots.<\/p>\n

It’s been a good quarter for Astoria, where average sales prices for one-bedroom condos reached $400,000-plus for the first time<\/a>, according to a new report from Modern Spaces.<\/p>\n

One-bedroom condos hit an average of $403,000 in the fourth quarter of 2013, up from $388,000 the previous year. Meanwhile, two-bedroom condos sold at an average of $595,000. The average rental rate was $2,623 per month.<\/p>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

It’s been a good quarter for Astoria, where average sales prices of one-bedroom condos surpassed $400,000 for the first time. <\/p>\n","protected":false},"author":1,"featured_media":73071,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[11269],"tags":[],"coauthors":[],"apple_news_notices":[],"yoast_head":"\nNew three-story, 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