Rare 421-a Tax Abatement, Beautiful Private Garden & Boutique Astoria Living
An exceptional opportunity to own a beautifully appointed one-bedroom condominium in the heart of Astoria, offering two increasingly rare luxuries: access to a sprawling, 1,500+ square-foot private garden and the significant financial advantage of an existing 421-a tax abatement, keeping monthly real estate taxes remarkably low.
Situated within an intimate boutique condominium with just 12 neighboring residences, this bright and inviting home offers a wonderful combination of contemporary finishes, thoughtful design, and exceptional privacy. Oversized windows overlook the surrounding gardens, filling the living spaces with natural light, while dark-stained white oak hardwood floors, recessed lighting, generous closet space, and individually controlled heating and cooling create an atmosphere of effortless comfort.
The beautifully designed open kitchen features custom ceiling-height cabinetry, brilliant white quartz countertops with a waterfall edge, a glass tile backsplash, and a full suite of GE stainless steel appliances, including a dishwasher and microwave. A stainless steel undermount sink with a pull-out faucet completes this sleek and functional space.
The generously proportioned, king-sized bedroom enjoys abundant natural light and excellent storage. The thoughtfully appointed bathroom features an Americh soaking tub with glass enclosure, Brizo Siderna rainfall showerhead, Kohler toilet with bidet, walnut vanity topped with white quartz, Delta fixtures, porcelain tile, and the added comfort of baseboard heating. A charming custom-built entry nook with integrated seating and coat and shoe storage adds both character and everyday convenience.
A private balcony overlooking the building's garden provides a lovely outdoor retreat, while the expansive, 1,500+ square-foot landscaped garden offers a peaceful escape from the energy of the city. Additional conveniences include a dedicated basement storage cage, complimentary laundry facilities, and a video door bell system with security cameras.
Perhaps most notably, the building continues to benefit from a rare 421-a tax abatement, an increasingly difficult advantage to find in today's condominium market. With monthly real estate taxes reduced to a nominal amount, this residence presents a particularly compelling opportunity for buyers seeking both quality of life and favorable carrying costs.
Perfectly positioned in the heart of Astoria, the residence is just five blocks from the Broadway subway station, with convenient access to multiple bus routes and the NYC Ferry. Some of the neighborhood's most celebrated restaurants, cafés, bars, and boutiques are moments away, offering the very best of Astoria's vibrant lifestyle.
A rare combination of exceptional outdoor space, boutique privacy, refined interiors, and extraordinarily low real estate taxes—all in one of Queens' most desirable neighborhoods.
Active
Price cut: $54K (10/30)
$645,000
23-37 31st Rd #3B, Astoria, NY 11106
1beds
600sqft
Condominium
Built in 2014
-- sqft lot
$640,500 Zestimate®
$1,075/sqft
$388/mo HOA
What's special
Custom ceiling-height cabinetryBeautifully appointed one-bedroom condominiumThoughtfully appointed bathroomRecessed lightingExceptional outdoor spaceBright and inviting homeGenerous closet space
- 49 days
- 169
- 13
Zillow last checked:
Listing updated:
Listed by:
Compass 917-403-4447,
Michael Sandak,
Giuseppe Messina
Source: StreetEasy,MLS#: S1848133
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Dishwasher
- Laundry: Inside
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 600
- Total interior livable area: 600 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard, Balcony
- Has view: Yes
- View description: Garden
Details
- Parcel number: 005691007
- Special conditions: Resale
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Year built: 2014
Community & HOA
Community
- Subdivision: Astoria
HOA
- Has HOA: Yes
- Amenities included: Laundry, Elevator(s)
- Services included: Maintenance
- HOA fee: $388 monthly
Location
- Region: Astoria
Financial & listing details
- Price per square foot: $1,075/sqft
- Tax assessed value: $162,656
- Annual tax amount: $240
- Date on market: 9/17/2026
Estimated market value
$640,500
$608,000 - $673,000
$3,276/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2026 | Price change | $645,000-7.7%$1,075/sqft |
Source: StreetEasy #S1848133 Report a problem | ||
| 9/17/2026 | Listed for sale | $699,000+14.1%$1,165/sqft |
Source: StreetEasy #S1848133 Report a problem | ||
| 12/6/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/28/2023 | Listed for rent | $2,895$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/31/2016 | Sold | $612,660$1,021/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $73,195 +14.6% |
| 2024 | -- | $63,889 -2.9% |
| 2023 | -- | $65,809 +0.9% |
| 2022 | -- | $65,214 +7.9% |
| 2021 | -- | $60,444 -11% |
| 2020 | $235 | $67,929 -1.1% |
| 2019 | $235 -96.5% | $68,658 +28.3% |
| 2018 | $6,748 +12.7% | $53,502 +13.7% |
| 2017 | $5,987 +2333.2% | $47,068 +13.3% |
| 2016 | $246 | $41,554 |
Find assessor info on the county website






