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Residential Income Property with Private Balcony
For Sale
$710,000

11-32 31ST Avenue PHA, Queens, NY 11106

New construction one-bedroom condo with a private balcony, fitness center, and roof deck with barbecue grills.

Property Size571 SF
Price / SF$1,243
Days on Market150

Property Features for 11-32 31ST Avenue PHA

General Information

Standard status Active
Size 571 SF
Property subtype Apartment

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Amenities

fitness center
roof deck with barbecue grills
package room
bike storage
ButterflyMX smart intercom
private balcony

Building Details

Building Size 571 SF
Year Built 2024
Listing Agency: Serhant
Listed By: Kayla Lee
Source: Carlinwright
Added: Mar 17 Changed: Aug 12 Last Checked: Aug 12 at 3:11PM

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 PHA at VELA is a newly built one-bedroom, one-bathroom condo featuring a foyer with coat closet, an open kitchen, and a bright interior with recessed lighting and large framed windows. The kitchen is outfitted with maintenance-free quartz countertops and backsplash, sleek cabinetry, and state-of-the-art stainless steel appliances, including a Bertazzoni gas oven. A stackable washer and dryer is included, and the home’s finishes include wide plank engineered oak floors. The bedroom is designed for king-sized furniture and offers large closets and excellent natural light, supported by dual north and east exposures. A private balcony spans nearly 90 square feet, with the remainder of the unit totaling 571 square feet.

Residents at VELA have access to building amenities including a state-of-the-art fitness center with Peloton bikes, a roof deck with barbecue grills, a package room, bike storage, and a ButterflyMX smart intercom system. The property also offers direct access to the maturing Astoria waterfront. The building is YearBuilt 2024.

If you’re seeking a compact, light-filled residence with outdoor space and full amenity access within the VELA community, Residence PHA is a cohesive option.

Key Highlights

  • Residence PHA at VELA is a newly built one‑bedroom, one‑bathroom condo (YearBuilt 2024)
  • Private balcony spans nearly 90 square feet
  • 571 square feet interior layout with foyer coat closet and open kitchen

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 - New construction one-bedroom condo with a private balcony, fitness center, and roof deck with barbecue grills.
Where is this residential income property located?
The property is located at 11-32 31ST Avenue PHA Queens, NY.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Residence PHA at VELA is a newly built one‑bedroom, one‑bathroom condo (YearBuilt 2024); Private balcony spans nearly 90 square feet; 571 square feet interior layout with foyer coat closet and open kitchen
More about this property
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