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RockFarmer’s Rowan Condos Set New Pricing Record
RockFarmer Properties’ The Rowan has set a new sales record for condominiums in Astoria, breaking the neighborhood’s previous record set by The Rowan last Fall. Apartment 5D, the project’s most expensive two-bedroom unit sold for the asking price of $1,699,000, or $1,264.13 PSF.
Last October, The Rowan’s 1148-square-foot Penthouse D set a new record for Astoria condo sales when it sold for $1.65 million, or $1,437 per square foot. That sale surpassed the neighborhood’s previous record sale at Astoria’s East River Tower, where a penthouse sold in 2018 for $1.6 million, or $1,323 per square foot.
When complete in 2021, the six-story luxury condominium will comprise 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 studio to three-bedroom homes now available range from $555,000 to $2,549,000.
- ◦Development
