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Over 800 new rentals have delivered so far year to date in Astoria, Queens, and concentrated in the rapidly growing Halletts Point neighborhood along the East River waterfront. The highest

TMD
Sep 30
1 min read

Updated: Oct 20

volume of new development in recent years has been met with positive reception indicated by Y/Y price growth in 3Q25

Graphic reading “Astoria, Queens Luxury New Development Rental Snapshot – 3Q25”

Infographic showing Astoria luxury rental market highlights for 3Q25: $3,920 average rent, 66% 1BR share, modest YoY and YTD price increases, and 800+ new units launched

Line graph showing average rent by bedroom type (studio, 1BR, 2BR) in Astoria luxury rentals from 3Q24 to 3Q25; 2BRs had the highest YoY price increase at +2.9%

Pie chart showing rented units by bedroom type in Astoria luxury rentals for 3Q25: 1BRs dominate at 66%, followed by 2BRs at 26%, and studios and 3BRs at 4% each

TMD Spotlight on Link Apartments QPN at 25-01 Queens Plaza North, featuring pool, gym, and exterior views; 417 homes across 26 floors, developed by Grubb Properties and designed by Handel

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