Thoughts on living in Astoria

Hey guys,

I will be moving to NYC in July to work for M/B/B. I have been talking to some buddies and it sounds like your dollar goes a lot farther in Astoria, and its only like 15 minutes to midtown (possibly more if they close the W). Does anyone live out there now / have friends that do? I would love to know what the area is like in terms of safety and how the housing is in terms of value.

Thanks alot

22 Comments
 

I grew up nearby in Flushing, so I know the area pretty well. Astoria is not a terrible place, I've never had any safety issues and its a lot cheaper than Manhattan. While it might be cheaper, I would recommend trying to get a place in Manhattan if at all possible. There really is no comparison between living in Queens and in Manhattan (I'm currently dorming in Gramercy area.) I would check out East Village, cool neighborhood and not that pricey.

agreed with ideating, if you look around enough and are willing to make sacrifices in regards to location/living in a walk up, its def possible to find an apt in manhattan with a somewhat reasonable rent

 

I used to live in Astoria. Getting to Chelsea for work was a pain but to get to Midtown was no big deal and very convenient. As for the place, it's nice and relaxed and definitely worth the bang for the buck.

 

Stay out of Astoria. I almost rented a room there last summer during my internship.

Its about 6 stops from mid town but you can tell the area definitely changes at night. Although, it is populated. Nothing beats manhattan, period. Its not worth the time and hassle of trying to get out on the weekends. There isn't much to do or eat in Astoria except along the last stop.

It depends on what you're looking for though, i presume. It tilts a little bit closer to a suburban lifestyle.

It is not about the title that you have, it is about how much money that you have.
 

Its alot farther than 15 minutes. It is cheap, but you will not get to work in 15 minutes. You should do a test run, and walk around the neighborhood and see if you like it.

 

The only good thing about Astoria is the Bohemian Hall & Beer Garden. Other than that place, there is no reason to cross the Triborough Bridge. Find a place in Manhattan for the summer.

 

I have a friend who works at M/B/B and lives in astoria - makes sense since if you are staffed out of town, you will be flying out to the client site for 4 days out of the week. you are also closer to the airport this way.

makes financial sense, but don't expect a poppin nightlife (no one parties everynight anyway)

 

Astoria is a great place to live if you work midtown. First off if you are going to be working hard, you only going to use your apartment to sleep and get laid, thats it. Astoria has some great apt's for rent and a little more south you have long island city which is coming up with huge loft apt buildings. Astoria's night life is actually amazing, from places like cavo to island, which are lounges with the girls in huge numbers. For your first 2 years, it dosent hurt to live out there to save up some money to get a place of your own as early as you can because renting is throwing away your money every month.

 

"-How long of a commute would you expect it to be to FIDI?" Too long.

I am permanently behind on PMs, it's not personal.
 

APAE

"-How long of a commute would you expect it to be to FIDI?" Too long.

11 min on the N/W from Broadway 12 min on the 4/5.to Fulton. add in the walking and xfer time.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 

I have a coworker who used to make that commute. About 45 min total from her apartment to the office (subway). Not the most convenient place to live if you work downtown.

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."
 
  • night life: enough bars & occasion clubs. Beer garden (I like both old (Bohemian @ Astoria Blvd) and new (Studio Square @ 36th st)), sweet afton on 30th ave station is also a gem... at least until people from manhattan come out

  • crime and demographic: in terms of crime, probably lower than most neighborhoods in manhattan. as far as demographic goes, lots of greeks and egyptians - i.e. cheap greek food and hookahs.

  • I commute from broadway station to 60th and lex - 15 mins. I would add another 20 mins for 4,5 ride to Fidi.

 

Qui nobis molestiae harum eum alias tempore dignissimos. Neque voluptatem quos iusto minus animi sed.

Recusandae inventore ipsum et non. Pariatur ut exercitationem aperiam ex deleniti incidunt quam. Qui aut deserunt quia commodi explicabo nostrum. Qui sint quia et omnis.

Magni atque qui officia fugiat eos unde illo. Neque provident enim consectetur itaque accusantium. Quia repellat fugit quidem laboriosam quibusdam repudiandae quis. Officiis modi nesciunt dignissimos iure blanditiis corporis placeat. Optio tempore rerum doloribus pariatur.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”