11-32 31st Avenue, #5D, Queens (Astoria), NY, 11106 | $1,228,000

Introducing Residence 5D at VELA, a brand new 2-bedroom plus home office and 2-bathroom condo in Astoria, a sanctuary that seamlessly blends the elegance of West Astoria with the allure of modern design.

The entryway provides a coat closet and foyer leading into the kitchen. Outfitted with maintenance-free quartz countertops and backsplash that harmonizes perfectly with sleek imported chestnut and white-laqcuer cabinets, the open kitchen is the perfect place to prep a delicious meal. Custom niches are built into multiple walls to maximize storage and provides unique detailing. State-of-the-art stainless steel appliances include a Bertazzoni gas oven and paneled dishwasher- the stackable washer and dryer is whisper quiet and efficient. And for that dash of Nordic charm- Scandinavian-designed kitchen hardware adds a subtle yet significant touch throughout.

Wide plank engineered oak floors, large framed windows, and a well designed layout show off 1, 006 square feet of meticulous design. The primary bedroom accommodates king-sized furniture and boasts a large closet and a ton of natural light via its dual exposure- an extra window from your private balcony gives extra dimension. In the primary bath, luxury is redefined- imported porcelain tiles and sleek double vanities set off a clean modern glass shower with a built-in niche and Moen fixtures and hardware. The spacious guest bedroom has a private balcony with full glass sliding doors. The guest bath features a modern, timeless finish with neutral tones, inviting you to indulge.

With 29 distinctive units presented by the esteemed Mortar Group, VELA effortlessly weaves innovation, luxury, and contemporary artistry into Astoria's iconic landscape and features private outdoor space for every home.

Residents at VELA enjoy an array of amenities and direct access to the maturing Astoria waterfront. Amenities include a state-of-the-art fitness center with Peloton bikes, dedicated yoga studio, a fabulous roof deck with Manhattan skyline views and barbecue grills, package room and bike storage. Additional services include a virtual doorman system, parking and private storage units.

Touted as one of the most desirable residential areas, western Astoria offers a quick commute to Manhattan, Queens and Brooklyn via ferry, bus and subways, as well as easy access to highways, shopping, parks and local restaurants.

Features

  • Town: Queens
  • Cooling: Unknown Type
  • Levels: 8
  • Amenities: Bike Room; Outdoor Parking; Fitness Room; Exercise Studio; Roof Deck; Private Storage;
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: None
  • Complex: Vela
  • Year Built: 2023
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Virtual Doorman
  • Doorman: PartTime
  • OLR#: RPLU1032523181859
  • Days on Market: 61 days
  • Website: https://www.raveis.com
    /prop/RPLU1032523181859/113231stavenue_queens_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Serhant LLC

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

11-32 31st Avenue, #5D, Queens (Astoria), NY, 11106

$1,228,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $982,400 $982,400 $982,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,501 $6,049 $8,158
Total Monthly Payment $5,626 $6,174 $8,283

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.