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Residential Income Property with Balcony
For Sale
$778,000

11-32 31ST Avenue 4C, Queens, NY 11106

Newly built one-bedroom residence offers a private balcony, home office, southern exposure, and in-unit laundry.

Property Size714 SF
Price / SF$1,089
Days on Market11

Property Features for 11-32 31ST Avenue 4C

General Information

Standard status Active
Size 714 SF
Property subtype Apartment

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 1BR+office
Multifamily Units 1

Amenities

fitness center
yoga studio
rooftop terrace
barbecue grills
package room
bike storage
virtual doorman
private balcony
washer/dryer

Building Details

Building Size 714 SF
Year Built 2024
Listing Agency: Serhant
Listed By: Kayla Lee
Source: Bondnyre
Added: Aug 11 Changed: Aug 15 Last Checked: Aug 20 at 12:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Serhant

Investment Insights

Based on property information with market context.

Residence 4C at VELA is a 714-square-foot one-bedroom home with a dedicated office, private balcony, and southern exposure. The interior includes engineered oak flooring, oversized windows, generous bedroom storage, and a kitchen equipped with quartz surfaces, chestnut and white lacquer cabinetry, stainless steel appliances, and a Bertazzoni gas range. A separate closet contains a stackable washer and dryer. The property was built in 2024.

Building amenities include a fitness center, yoga studio, rooftop terrace with Manhattan skyline views and barbecue grills, package room, bike storage, and virtual doorman service. The home is located at 11-32 31ST Avenue in Queens, NY 11106, with access to ferry, subway, and bus transportation, major highways, waterfront parks, shopping, restaurants, and cafés.

Key Highlights

  • 714 square feet with one bedroom and a dedicated home office
  • Private balcony, southern exposure, and oversized windows
  • Kitchen with quartz countertops, stainless steel appliances, and Bertazzoni gas range

Property Analytics

Current Use

VELA Condos Housing Development

Suggested Use

Top Pick Law Firm Parking Lot & Garage Nursing Home Clothing & Fashion Store Pet Grooming Service Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

8,159
Businesses Nearby

Demographics for 11106, NY

41,722
Population
21,681
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
46,358
Density / Sq Mi
$85,573
Median Household Income
$62,254
Median Earnings
$2,032
Median Rent
$639,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Newly built one-bedroom residence offers a private balcony, home office, southern exposure, and in-unit laundry.
Where is this residential income property located?
The property is located at 11-32 31ST Avenue 4C Queens, NY.
What is the asking price?
The asking price for this property is $778,000.
What are key features of this property?
This property features: 714 square feet with one bedroom and a dedicated home office; Private balcony, southern exposure, and oversized windows; Kitchen with quartz countertops, stainless steel appliances, and Bertazzoni gas range
More about this property
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