Tax-Abated Condos at Ispica Astoria Hit the Queens Market | CityRealty

Tax-Abated Condos at Ispica Astoria Hit the Queens Market

Tax-Abated Condos at Ispica Astoria Hit the Queens Market

By Michelle Mazzarella | From Future New York Friday, May 18, 2018

All images of Ispica Astoria via Compass

All images of Ispica Astoria via Compass

Barely two days after sales launched at Ispica Astoria, a new four-story condominium, a two-bedroom apartment has already entered contract for $1.1 million. Perhaps this is not surprising, given that the extra-private boutique building boasts highly enviable interiors and has a 15-year tax abatement.

Ispica Astoria has only six units, many of which are duplexes. All apartments feature oversized windows, hardwood floors, generous storage space, intercom, and in-unit Bosch washer/dryer. Custom kitchens are outfitted with Italian cabinetry, quartz countertops and premium appliances. Spa-like baths have heated floors, Toto toilets and Kohler fixtures. Ground-floor units come with private backyards, and upper-level units have private balconies.

25-63-38th-Street

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25-63-38th-Street

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25-63-38th-Street

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25-63-38th-Street

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25-63-38th-Street

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25-63-38th-Street

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Ispica Astoria is a short walk from 30th Avenue’s bustling dining and nightlife scene, which includes such local favorites as The Shady Lady, Sugar Freak, and Butcher Bar. There is a bus stop at the end of the block, and the Astoria Boulevard and 30th Avenue subway stops are equidistant.

Of the remaining units, a studio is listed for $745K and a one-bedroom is listed for $860K. This is well above the Long Island City median of $636,500 for studios, but just below the Long Island City median of $890K for one-bedrooms (per CityRealty data). For more listings, click here.

Ispica Astoria

Rear yard of #1F

Ipsica Astoria

Google Earth aerial showing location of Ipsica Astoria (CityRealty)

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Content Specialist Michelle Mazzarella Michelle is a contributing writer and editor for real estate news in New York City

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RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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