RockFarmer Properties recently announced that The Rowan is now 85 percent sold. The stunning new development continues to attract buyers looking for high-quality new construction featuring high-end finishes, outdoor amenities and a vibrant neighborhood offering a short commute to Manhattan.
In addition, The Rowan is pleased to share that the development has received its Temporary Certificate of Occupancy (TCO); closings are set/expected to begin immediately, opening the door for the first move-ins to begin this this Fall.
“Passing 85 percent sold and securing a TCO carries a lot of weight for buyers—and translates to better financing opportunities as banks understand the building is substantially complete and sales have proven the Rowan is a leader in the Astoria market making for a solid investment,” said Stephen Kliegerman, President of Brown Harris Stevens Development Marketing. “RockFarmer set out to create a totally new offering in Astoria—one that has really met the demand for buyers looking for a highly amenitized building with outdoor space and a great location. It’s exciting to see buyers responding so strongly to the building as we approach the final stretch of sales.”
Only seven homes at The Rowan remain available for purchase, including a three-bedroom duplex with approximately 1,100 square feet of outdoor space asking $2,549,000; and two, three-bedroom penthouse units that feature sweeping city views and abundant outdoor space.
The Rowan comprises 46 studio, one-, two- and three-bedroom residences ranging in size from approximately 425 to 1,857 square feet. Asking prices for the carefully crafted one- to three-bedroom homes now available range from $789,000 to $2,549,000, offering an attractive option for buyers looking to move to one of New York City’s most established and diverse neighborhoods. The DXA Studio-designed condominium, where 50 percent of units feature outdoor space, has set two new records for the highest price paid for a two-bedroom condominium unit in the neighborhood.
