REAL ESTATE Recent college grads should move to Astoria to fi nd affordable housing options, report says BY ANGELA MATUA amatua@qns.com/@AngelaMatua Recent college graduates looking for affordable housing are more likely to fi nd it in Astoria, a report by StreetEasy found. The report and interactive map, released on June 22, estimated the expected starting salary of recent college graduates based on their major and what constitutes affordable rent. For the basis of the report, affordable rent meant paying 30 percent Sales in Queens HOMES – CO-OPS – CONDOS Listings and photos courtesy MLSLI NORTHWEST NORTHEAST SOUTHWEST SOUTHEAST SUNNYSIDE BAYSIDE MASPETH PICTURED LISTING JAMAICA Under $500,000 51-42 30th Ave., Woodside $489,000 Co-op 3 bedrooms, 1 bathroom Lisa D’Amico Douglas Elliman Real Estate $500,000-900,000 45-05 98th St., Corona $769,000 2-family home 6 bedrooms, 2 bathrooms Maria Fermin Exit Realty Success Over $900,000 39-28 45th St., Sunnyside $1,800,000 2-family home 4 bedrooms, 3 full baths, 1 half-bath Amy Fitzgerald Welcome Home R E Sunnyside Under $500,000 249-14 60th Ave., Little Neck $279,000 Co-op 2 bedrooms, 1 bathroom Harold Huron Graceful Park Realty Inc $500,000-900,000 45-38 Springfi eld Blvd., Bayside $850,000 1-family home 3 bedrooms, 2 bathrooms Lihyueh Chou Keller Williams Rlty Landmark Over $900,000 189-29 45th Drive, Flushing $1,800,000 2-family home 5 bedrooms, 3 bathrooms Nayoung Ha Cana Realty Under $500,000 102-45 67th Road, Forest Hills $219,000 Co-op 1 bedroom, 1 bathroom Ellen McMahon Charles Rutenberg Realty Inc $500,000-900,000 60-74 60th Drive, Maspeth $739,000 1-family home 3 bedrooms, 2 bathrooms Lucy Lu Landmark International R E LLC Over $900,000 85-42 91st St., Woodhaven $925,000 2-family home 6 bedrooms, 3 bathrooms Anne Marie Chirichigno Century 21 Amiable Realty Group II Under $500,000 130-15 160th St., Jamaica $449,000 1-family home 5 bedrooms, 2 bathrooms Sheila Prince Century 21 Milestone Realty $500,000-900,000 112-01 208th St., Queens Village $525,000 2-family home 8 bedrooms, 3 bathrooms Dennis Rappaport Cozy Homes Realty Inc Over $900,000 84-08 Avon St., Jamaica Estates $1,179,000 1-family home 4 bedrooms, 3 bathrooms Sarah Elias Exit Realty First Choice or less of one’s total income. The map asks college graduates to enter their major, how much income they’re willing to spend on an apartment and how many roommates they want. Users can then analyze how many affordable units each neighborhood contains based on this information. In terms of borough, Queens had the thirdhighest median asking rent after Manhattan and Brooklyn. For a one-bedroom apartment, the median asking rent is $1,800. A two-bedroom apartment would set residents back $2,275 and a three-bedroom apartment is expected to cost $2,750. Astoria consistently had the biggest share of affordable housing options regardless of major, how much income recent grads are willing to spend on rent and how many roommates they have. Students who majored in engineering, math, business and medical and health sciences and services had some of the highest expected starting salaries, while philosophy and religious studies majors were expected to make the least with an expected starting salary of $27,530. According to the report, in 2015 rent for a studio or one-bedroom apartment was at least 23 percent cheaper in outer boroughs than it was in Manhattan. Other Queens neighborhoods with a large share of affordable apartments depending on major and how much income a tenant is willing to spend on rent include Long Island City, Forest Hills, Woodside, Sunnyside and Jackson Heights. A study by the NYU Furman Center last month found that Astoria is one of the most gentrifying neighborhoods in New York City, partly because many college students were moving in. Rapid changes in housing cost and affordability contributed to its inclusion on the list.
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