Sales opened this week at Crescent Street Towers, 30-32 Crescent St, with condos starting at $1.4 million. Modern Spaces is targeting closings later this summer.

The new Crescent Street Towers development marks another high-profile condominium launch in Astoria this June. Located on the corner of Crescent Street and 30th Avenue, the 14-story building brings 38 units to a neighborhood known more for prewar walkups than new towers.

The developer, Modern Spaces, says the $1.4 million starting price targets buyers coming from Long Island City and Manhattan. Eric Benaim, CEO of Modern Spaces, says, “Astoria is evolving—this project gives buyers luxury options that didn’t exist here even five years ago.” According to Streeteasy, the median condo sales price in Astoria last month was $920,000, making Crescent Street Towers one of the priciest new entries this year.

Amenities at 30-32 Crescent include a rooftop lounge, gym, children’s playroom, and automated parking. The building sits two blocks from the 30th Avenue N/W subway station and within walking distance to local favorites like Sweet Afton and Taverna Kyclades. Open house tours start June 8, with Modern Spaces reporting eight units already under contract as of this week.

Frequently Asked Questions

Where is Crescent Street Towers located?

Crescent Street Towers is at 30-32 Crescent St, Astoria, Queens, on the corner of Crescent Street and 30th Avenue, two blocks from the N/W subway.

What are the starting prices and unit types?

The condos start at $1.4 million for two-bedroom units. The building has 38 units, ranging from one to three bedrooms, with amenities like a rooftop and gym.

When will buyers be able to move in?

Developer Modern Spaces expects closings to begin in August 2024, with move-ins possible by late summer. Open house tours start June 8, 2024.

Frequently Asked Questions

Where is Crescent Street Towers located?

Crescent Street Towers is located at 30-32 Crescent St, Astoria, Queens, on the corner of Crescent Street and 30th Avenue, two blocks from the N/W subway station.

What is the starting price for condos at Crescent Street Towers?

The starting price for condos at Crescent Street Towers is $1.4 million for two-bedroom units.

What amenities are offered at Crescent Street Towers?

Amenities include a rooftop lounge, gym, children’s playroom, and automated parking.

When are move-ins expected at Crescent Street Towers?

Closings are expected to begin in August 2024, with move-ins possible by late summer.

How does the price of Crescent Street Towers compare to the median condo price in Astoria?

The median condo price in Astoria last month was $920,000, making Crescent Street Towers one of the priciest new developments in the area.

Editorial Transparency. A first draft of this story was produced with AI-assisted writing tools, then reviewed for accuracy and tone by the named editor before publication. More on our process: Editorial Policy.