| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Good |
| Demographics | 80th | Best |
| Amenities | 93rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2525 Astoria Blvd, Astoria, NY, 11102, US |
| Region / Metro | Astoria |
| Year of Construction | 2009 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2525 Astoria Blvd Astoria Multifamily Investment
2009 vintage in an amenity-rich Queens neighborhood with a high share of renter-occupied housing units supports durable tenant demand, according to WDSuite’s CRE market data.
Astoria’s Urban Core location delivers dense retail, grocery, parks, and transit access that appeal to renters and support leasing velocity. Amenities test in the top quartile nationally, and the neighborhood places above the metro median overall (ranked 56 among 889 New York–Jersey City–White Plains neighborhoods), based on commercial real estate analysis from WDSuite.
The property’s 2009 construction is newer than the area’s mid-century average, offering competitive positioning versus older stock. Investors should still plan for mid-life system updates and common-area refreshes over a typical hold, but the vintage helps with perceived quality and rent attainment relative to nearby buildings from earlier eras.
Within the neighborhood, renter concentration is high (renter-occupied share is elevated), which deepens the tenant base for a 30-unit asset. At the same time, neighborhood occupancy trends trail national norms; prudent lease management and renewal strategies can help protect stability if turnover rises.
Three-mile demographics indicate a large resident base with modest recent population softness but slight household growth and smaller household sizes; forward-looking projections point to additional household gains by 2028. This dynamic typically expands the renter pool and supports occupancy, particularly for smaller average unit sizes. Elevated home values relative to incomes in the neighborhood (high national percentile) signal a high-cost ownership market, which tends to sustain reliance on rental housing and can support pricing power when managed carefully. Median rents relative to incomes remain manageable here, limiting affordability pressure and aiding retention, according to WDSuite.
Safety compares less favorably than national norms in this neighborhood, though recent data show year-over-year declines in both violent and property offense rates. This translates to a setting where professional management practices—lighting, access control, and resident engagement—remain important to support leasing and retention.
In national terms, overall crime benchmarks sit below the median, with violent and property offense measures in lower national percentiles. The recent trend direction is constructive, reflecting double-digit declines over the last year, based on WDSuite’s CRE market data. As always, investors should evaluate property-level measures and insurer feedback rather than relying solely on neighborhood aggregates.
Nearby corporate offices anchor a diverse employment base that supports multifamily demand and short commutes for renters. The list below highlights major employers within roughly three miles that can influence leasing stability for workforce and professional tenants.
- Jetblue Airways — airlines (1.7 miles) — HQ
- Loews — hospitality (2.6 miles) — HQ
- Ralph Lauren — apparel (2.7 miles) — HQ
- Lockheed Martin — defense & aerospace offices (2.7 miles)
- HRG Group — holding company (2.7 miles) — HQ
2525 Astoria Blvd combines a 2009 vintage with a renter-oriented Astoria location where amenities are dense and ownership costs are elevated relative to incomes. The neighborhood’s high share of renter-occupied units deepens the tenant base for a 30-unit asset, while the property’s newer construction is competitive versus older local stock and should support sustained leasing.
Three-mile data point to gradual household growth and smaller household sizes alongside rising incomes and projected rent gains by 2028, which collectively support renter pool expansion and occupancy stability. According to CRE market data from WDSuite, amenity access is a relative strength at the neighborhood level, while safety benchmarks sit below national medians—an area where active management can mitigate risk.
- 2009 construction offers competitive positioning versus older neighborhood inventory
- High renter-occupied share in the neighborhood supports depth of demand
- Dense amenities and strong employment access underpin leasing and retention
- Considerations: safety benchmarks below national medians and the need for mid-life system updates over hold