NOT LISTED FOR SALE

11-16 Main Ave Unit 7-D Astoria, NY 11102

Astoria Neighborhood

Estimated Value: $765,000 - $1,051,000

1 Bed
1 Bath
922 Sq Ft
$943/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $930,000 $1,009 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,735/month

About This Home

Offering immediate closings and immediate move-ins. Developer will cover ALL moving costs for any contract signed by August 31, 2022. Open Houses are By Appt. Only. Welcome to your stunning new home at The Candle Factory, 11-16 Main Ave, in Astoria. This condominium consists of 30 Modern-Industrial 1-Bedroom units. Each unit boasts double-paned floor-to-ceiling casement windows that flood the space with light as well as grey wide plank flooring. The kitchens are equipped with Samsung Black Stainless Steel dishwashers, oven ranges, microwaves and refrigerators as well as grey concerto quartz countertops and backsplashes. Every home has an in-unit Bosch washer/dryer. The unit's bathrooms have radiant heat flooring, porcelain tiles and matte black accents. Each home has central HVAC, LED lighting, Navien hot water heaters and keyless access. This 7-story building sits on the site of a former candlestick factory and features a custom, hand-laid brick facade as well as floor-to-ceiling casement windows. There is private, heated parking available on the 2nd floor of the building. The custom lobby is designed by Studio Hudco and features Roca Calizo and Roca Gris large-pane porcelain stone, a package room with cold storage and a video intercom system. The building also has a landscaped roof deck with 360 degree panoramic views, a state-of-the-art fitness center and private storage.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Aug 25, 2022
Sold by
11-25 30Th Avenue Holdings Llc
Bought by
Sun Lantao and Zhang Jin
Seller's Agent
Tim Rothman
Compass
List Price
$1,070,000
Sold Price
$930,000
Premium/Discount to List
-$140,000
-13.08%
Current Estimated Value
$869,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,891
Avg. Annual Appreciation
-2.11%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Sun Lantao $930,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2022 08/30/22 Sold $930,000 -2.1% $1,009 / Sq Ft View Prior Sale
07/12/2022 07/12/22 Pending -- -- --
04/04/2022 04/04/22 Price Changed $950,000 -11.2% $1,030 / Sq Ft
03/09/2022 03/09/22 For Sale $1,070,000 -- $1,161 / Sq Ft

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 $8,488 $71,685 $9,393 $62,292
2024 $8,371 $67,891 $9,393 $58,498
2023 $8,371 $66,957 $9,393 $57,564
Source: Public Records

Agents Affiliated with this Home

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