A two-family house was sold for $2 million, a record price for the area, according to NY Space Finders.

The house, located at 48-07 21st Ave., was sold on Feb. 1 by real estate broker Luca DiCiero at a markedly higher price than other Astoria homes in the last three years.

“This was a unique house, tailor-made for an owner occupier and is not your typical two-family house. I think this is only [the] beginning of the high-end Astoria market,” DiCiero said. “I started with luxury apartments and now townhouses are what’s popular. I was born and raised in the Astoria and I’m always excited for what’s to come.”

On average, other one-, two- and three-family homes in the area have been sold for about $1,200,000. Previously, the largest sale of a two-family home in Astoria was made for $1,359,000, according to the real estate firm.

The two-family luxury home includes a ground floor and basement with amenities such as a home theater with a 110-inch television screen, a custom bar and pool table and laundry room. The second floor houses three bedrooms, two bathrooms and access to the front patio.

The house is also equipped with a free-standing Jacuzzi, a chef’s eat-in kitchen with an island breakfast bar, stainless steel appliances and a touchscreen security system.

Read it on: Take a look at this Astoria house sold for record-breaking $2M


February 8, By Michael Florio

February 8, By Michael Florio

A two-family house on 21st Avenue just broke records with a $2 million sale, according to a local real estate firm.

The house, located at 48-07 21st Ave., sold for $2 million on Feb. 1, according to NY Space Finders realtor Luca DiCiero, who closed the deal.

The sale is an Astoria record for a two-family house without buildable rights, DiCiero said.

“This property can only be a two-family house, it cannot be developed,” he explained.

In past years, two-family houses have sold in Astoria at prices ranging from $1.2 million to $1.4 million, but none approached $2 million, according to NY Space Finders.

The house, which is roughly four years old, is equipped with the latest amenities. The ground floor and basement living space have a home theater with a 110-inch screen and surround sound, a custom bar and poker table. The second floor, which serves as a three-bedroom apartment, comes with stainless steel appliances and stone counter tops in the kitchen.
Other house features include a two-car garage, large windows and a freestanding Jacuzzi tub .
DiCicero said he believes this record sale marks a change in the real estate landscape in Astoria going forward.
“I think the prices are going to continue to be on the rise,” he said. “Today this number is a record but I think it will one day be the norm.”
“People appreciated the quality of the neighborhood and all it has to offer,” he added.
He also expects more houses to have these high-end amenities installed before they hit he market.
“Years ago an amenity was a dish washer,” he said. “Now you need everything to be state of the art to be competitive.”


Read it on: astoriapost.com


BY Eileen Mignoni, Nacho Corbella and Andrew Blackwell | Feb. 19, 2015 | 6:01

The Ditmars section of Astoria is a cultural melting pot with a spacious take on New York living.

Block by Block takes you into a New York City neighborhood and lets you know what it would be like to actually live there.



The Community Builder

IMG_4839-200x300Luca Di Ciero is the Property Manager at NY Space Finders, and one of the most genuinely friendly guys you could ever hope to meet.  He also just moved his office from Steinway to right next door to Basil.

“We cover a large spectrum of the commercial real estate, we do a lot of business brokering, we do a lot of industrial, retail, investment properties.  We also specialize in boutique new construction developments.  Just in Astoria alone, we represent 56 properties we have seen built from the ground up and leased.  We grew so busy, in fact, that we recently opened a property management company called Real Estate Management Associates, which manages 11 new properties.”

Born and raised in Astoria, Di Ciero grew up riding his bike through the neighborhood and has lived here for 33 years.  “I think in the last ten years Astoria has really evolved.”  He remembers finding Bareburger their first location on 31st Ave and 34th Street.  One of his most recent finds was the home of The Bonnie, as well.

I love all of the enthusiastic new energy in the neighborhood.  And I enjoy bringing good concepts to the neighborhood.  I think that’s why I am so close with the Giannola family.  We live here, eat here, breathe here, we sleep here.  We love it here.

Read it on: boromag.com

nytlogo152x23    Real Estate


Copyright: Felix Lipov – Image from Shuttesrtock

SOMETIME this fall ground will be broken in Astoria, Queens, on Hoyt Plaza, a rental building with 34 units, from studios to three-bedroom penthouses, with amenities that include an expansive lobby, a gym, a laundry room, a pool, terraces and a rooftop garden.

That might not seem unusual in many neighborhoods in New York, but Hoyt Plaza is a departure for Astoria, a neighborhood mostly known for its Greek cuisine and as the home of Steinway & Sons.

Architectural renderings of Hoyt Plaza suggest a scale heretofore unseen in the neighborhood. The glass and brick building will be 11 stories high, benefiting from recent rezoning that allows new developments to rise above the previous maximum of six stories. Hoyt Plaza, which is expected to open in two years, is being developed by Giannola Realty, which has also built two other rentals, Hoyt South and Bridge Side. The buildings are within five minutes’ walk of each other in the westernmost reaches of Astoria, near the foot of the Robert F. Kennedy Bridge.

Joseph Giannola, the company’s vice president and co-founder, said monthly rent at Hoyt Plaza would be slightly more than at the original buildings. Bridge Side has 27 units (studios rent for $1,500 and two-bedrooms are $2,200) and Hoyt South has 19 (studios are $1,800, one-bedrooms $2,200 and two-bedroom penthouses $3,200 to $3,500).

Before going into real estate, Mr. Giannola, who has lived in Astoria for almost 50 years, worked as a hairdresser at 42nd and Lexington. Most of his clients didn’t live inManhattan, he said, and they came to him because they were unhappy with the services in their own boroughs.

“I said to myself, ‘Why can’t I do this type of work in my neighborhood?’ ” Mr. Giannola said. In 1970 he opened Joseph’s Hair Place, which still operates a few doors down from his rentals.

The hair salon and the rental buildings are just part of a puzzle that Mr. Giannola is assembling in Astoria. The area is known for its wealth of dining options, but around the Giannola buildings, restaurants and places to commune are few and far between. So Mr. Giannola and his brothers Anthony and Vito have opened two storefront restaurants within the last year: Twirlz, a frozen yogurt shop, and Basil Brick Oven Pizza, featuring pizza made with fresh ingredients and baked in a wood-fired oven.

“That’s why we not only try to provide nice apartments,” Mr. Giannola said, “we tried to build something unique for our tenants.”

Brokers say the Giannolas’ presence has improved the area, cosmetically and socially.

“They wanted to bring up the community,” said Luca Di Ciero, the president of NY Space Finders. “People appreciate it.”

With business booming, Mr. Giannola says he plans to expand the dining areas in both restaurants. There is also talk of opening a yoga studio.

Mr. Di Ciero said the Giannolas’ rentals raised the bar for other developers in Astoria. “They weren’t just cookie-cutter-shaped layouts,” he said. “They were one of the first to mount the cable outlet in the wall so you could have a flat screen. They put a gym in. A lot of buildings I know have the room to do that, but they didn’t go the extra mile.”

Mr. Giannola said that his tenants were willing to pay “that extra dollar” (his rents were about 10 percent over the market average) for higher-quality construction and finishes. “I looked at so many places and said, ‘No, no, no,’ ” said John Gaspar, a production manager who has lived in Hoyt South for eight months and plans to move into Hoyt Plaza when it opens. “Places I looked at in Manhattan comparable to this are $4,000 a month. I pay $1,900 and I can see the Chrysler Building.”

After it opened seven years ago, Bridge Side was fully rented in six weeks; Hoyt South, which opened in January 2010, filled up just as quickly. Mr. Di Ciero said he expected a similar response to Hoyt Plaza.
The presence of such developments hints at a growing interest in Astoria. Near La Guardia Airport and 20 minutes from Midtown by car or public transportation, the neighborhood is becoming more of a destination, said Steffan Olausson Partridge, a real estate broker who has placed clients in Hoyt South.

Mr. Giannola, who said the only time he had been away from Astoria was the two-year period he spent serving in Vietnam, expressed the hope that more people would come to know the pleasures of his neighborhood.
“Why would you want to go live in the city?” he said.


Read it on: NEW YORK TIMES