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Future New York

The Candle Factory launches sales on Astoria one-beds from $636K

Rendering of The Candle Factory via AKI Development Rendering of The Candle Factory via AKI Development
While a building boomlet has come to Astoria, local developers and designers are approaching new projects with the area's history in mind. Case in point: New condominium The Candle Factory was named in honor of the candlestick factory previously on the site, and the red brick facade and casement windows by New York Architectural Solutions pays homage to the area's industrial past. AKI Development is at the helm of the project, and their portfolio also includes similarly respectful Astoria rentals Graffiti House, The Nordic, and 45-11 Broadway.

Sales have just launched on The Candle Factory's collection of 32 one-bedroom units with current availabilities from $636K. Select apartments have private outdoor space, but buyers should be prepared to pay for the privilege - a unit with not one but two private terraces is on the market for
The Candle Factory Location of The Candle Factory (Google Earth)
The Candle Factory is located on a quiet street, albeit one with easy access to the restaurants and culture that recently put Astoria on the map. The building is a short distance from the Welling Court Mural Project, a community mural project that brings together established street artists with up-and-coming artists. Locals seeking green space have their pick of Astoria Park, Halletts Point, and Socrates Sculpture Park. The Astoria ferry allows for a scenic commute to Roosevelt Island, Long Island City, Midtown, Brooklyn Navy Yard, and the Financial District.

↓ Modern industrial-inspired interiors feature floor-to-ceiling casement windows and wide plank flooring.

11-18-Main-Avenue-02 Interiors via Compass

↓ Every home comes with keyless access, LED lighting, central heating and air conditioning, Navien hot water heaters, and in-unit Bosch washer/dryer.

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↓ Kitchens are equipped with quartz countertops and backsplashes and Samsung black stainless steel dishwashers, oven ranges, microwaves, and refrigerators.

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↓ Baths have radiant heated flooring, porcelain tiles, and matte black accents.

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↓ Select units open up to private terraces.

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↓ Residential amenities include a package room with cold storage, a state-of-the-art fitness center, private storage, and private, heated parking.

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↓ A landscaped roof deck looks out on 360-degree neighborhood and skyline views.

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↓ Prices start at $636K.

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↓ Listings with private outdoor space start at $872,550.

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Pros


• Sized and priced to be starter homes

• Located in an up-and-coming New York neighborhood

• Close to the Astoria ferry terminal and a number of bus stops

• A short walk from 30th Avenue dining, and around the block from the Welling Court Mural Project

Cons


• The units aren't big enough to accommodate growing families or work-from-home arrangements

• The surrounding area is still somewhat quiet and industrial

• A long walk from the nearest subway stop

• No business center, co-working space, or lounge in the building

Views of Astoria


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