Introducing Residence 3A at VELA, a brand new 1-bedroom and 1-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-lacquer cabinetry, the open kitchen is the perfect place to prep a delicious meal. 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 636 square feet of meticulous design. The bedroom accommodates king-sized furniture with large closets and a ton of natural light via its dual exposure- an extra window from your private balcony gives extra dimension.
In the bathroom, luxury is redefined- imported porcelain tiles provide a sleek backdrop to the Kingston soaking tub and Moen fixtures and hardware, 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.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$688,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $550,400 | $550,400 | $550,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,801 | $3,658 | $4,642 |
Total Monthly Payment | $3,893 | $3,750 | $4,734 |
* 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.