Images of The Rowan via Redundant Pixel
The team behind Astoria's breakout residential development, The Rowan, has announced that Apartment #5D, a 1,344-square-foot two-bedroom, two-bath with a 516-square-foot private terrace, has broken the local record for the most expensive condo sale in its Queens neighborhood, having sold for its asking price of $1,699,000 ($1,264.13 per square foot). This dethrones The Rowan's previous record-breaker, Penthouse D, which sold for $1.65 million in October 2020, and surpasses the penthouse at East River Tower that had previously held the record at $1.6 million in 2018.
As of this writing, The Rowan has attracted many buyers from Astoria who appreciate the quality of the architecture, the high-end finishes, and amenity package in the neighborhood they love, and at a relative value compared to Manhattan and Brooklyn. Current availabilities come to an average price of $1,265 per square foot and start at $750K for one-beds, $1.25 million for two-beds, and $1.85 million for three-beds. All remaining availabilities may be found here.
Floor plan via Brown Harris Stevens
“This signifies a strong confidence in Astoria as a highly valued neighborhood that, until now, simply hasn't seen the new high-end condos common in Long Island City, north Brooklyn, and across Manhattan" - Stephen Kliegerman, President, Brown Harris Stevens Development Marketing
Exterior rendering
As we've previously covered, The Rowan is a 46-unit condo development steered by George Michelis and John Petras' RockFarmer Properties. The project is located in the picturesque Ditmars section of Astoria within walking distance to several playgrounds, Astoria Park, the neighborhood legendary beer garden, and one block from the elevated subway station serving the N line.
Designed by the forward-thinking architects of DXA Studio, the six-story building is distinguished by a warm brick exterior punctuated by neat rows of oversized rectangular windows. The building steps down in scale through a series of terraces while the penthouse floor is set back from the street and wrapped in a glass curtain wall. Upon entering the building, residents will be greeted with a dramatic wood- and glass-enclosed lobby that opens onto a verdant private garden.
Approximately half of the residences will have some form of private outdoor space but all will feature white oak flooring, Miele appliances, and marble baths. The amenity package said to be among the most robust of its kind in Astoria includes a part-time attended lobby, fitness center, indoor/outdoor lounge with kitchenette, dining area and library, garden, children’s playroom, soundproof music practice room, pet spa, package room, and bicycle and storage space.
“The neighborhood you choose to live in is now more important than ever; Astoria remains one of the most vibrant places to live in New York City. Everything you need is right here at your doorstep, while the commute to Midtown is still just 15 minutes.” - George Michelis, Managing Principal, RockFarmer Properties
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