NOT LISTED FOR SALE

11-16 Main Ave Unit 2-B Astoria, NY 11102

Astoria Neighborhood

Estimated Value: $672,000 - $775,445

1 Bed
1 Bath
714 Sq Ft
$456/mo HOA Fee

Last Sold October 23, 2023

Last sale price $825,000 $1,155 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $4,991/month

122 Days on Market

Highlights

  • New Construction
  • Terrace
  • South Facing Home
  • I.S. 126Q Albert Shanker School Community School Rated A-
  • Garage
  • 3-minute walk to Hallets Cove Playground

About This Home

As of October 2023

Offering Immediate Move-ins! Only 7 Residences remain!

This is the huge terrace for summer and fall entertaining that you've been looking for. Welcome to Residence 2B at Candle Factory, the only of its kind. This modern-industrial one-bedroom, one-bathroom residence offers southern exposure with enormous double paned floor-to-ceiling casement windows. The chef's kitchen features dark grey cabinetry, jet mist granite countertops and backsplashes, and a Samsung black stainless steel appliance package. The living area opens elegantly into a large 930 square foot private terrace with city views and two zones perfect for dining, entertaining, and sunbathing.

The bathroom features radiant heat flooring, oversized glass-enclosed walk-in rain showers, porcelain tiling, and matte black hardware, fixtures, and accents. Each residence has thoughtful upgrades already in place such in-residence Bosch washers & dryers, central HVAC, Navien on-demand hot water heaters, LED lighting throughout including in closets and WD areas, and keyless access.

Candle Factory offers a thoughtful amenity package including a landscaped roof deck with 360 degree panoramic views, a state of the art fitness center, a video intercom system, a package room with cold storage, and private storage available for purchase.

Located where Astoria Boulevard meets the burgeoning waterfront, Candle Factory is moments from the new Astoria NYC Ferry stop offering direct connection to The Upper East Side, Long Island City, Wall Street, Brooklyn Navy Yard, and more. Directly across the street is charming Two Coves Garden.

This is not an offering. The complete Offering Terms are in an Offering Plan available from Sponsor. 11-25 30th Avenue Holdings LLC. Sponsor address: 26-67 31st Street, 1st Floor, Astoria, NY 11105. All artist's renderings are for representational purposes only and subject to variances. File No. CD20-0315. Equal Housing Opportunity.

Last Agent to Sell the Property

Aleksey Gavrilov

Corcoran Group License #40GA1077250 Listed on: 03/31/2023

Corcoran Group

Co-Listed By

Joseph Grosso

Corcoran Group License #10401202638

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,892

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 6,273

HOA Fees

  • $456 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 714 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Dishwasher
  • Terrace
  • South Facing Home

Community Details

  • 30 Units
  • Candle Factory Condos
  • Astoria Subdivision
  • 7-Story Property

Listing and Financial Details

  • Tax Block 00513

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,892

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$456 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Astoria
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Dryer, Dishwasher, Washer Dryer Allowed, Washer
  • Living Area: 714.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 456.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: CANDLE FACTORY
  • Units: 30
  • Total Stories: 7
  • Year Built: 2021

Tax Info

  • Tax Block: 00513
  • Tax Annual: 8892.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Oct 23, 2023
Sold by
11-25 30Th Avenue Holdings Llc
Bought by
Prastawa Marcelinus Widita W
Seller's Agent
Aleksey Gavrilov
Corcoran Group
List Price
$825,000
Sold Price
$825,000
Views
162
Current Estimated Value
$721,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,389
Avg. Annual Appreciation
-4.13%
Original Mortgage
$624,000
Outstanding Balance
$614,205
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$150,111
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Prastawa Marcelinus Widita W $780,000 --
Prastawa Marcelinus Widita W $780,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prastawa Marcelinus Widita W $624,000
Closed Prastawa Marcelinus Widita W $624,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $825,000 0.0% $1,155 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $825,000 -- $1,155 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,463 $71,476 $9,365 $62,111
2024 $6,559 $67,693 $9,365 $58,328
2023 $8,347 $66,762 $9,365 $57,397
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10903018

Real Estate Board of New York (REBNY)

APN: 00513-1040