Earlier today, an application was filed with the Department of Buildings for a new seven-story mixed-use building at 42-76 Main Street, south of downtown Flushing, in Queens.
The site is currently home to the Good Fortune Supermarket, catering to the neighborhood’s enormous and growing Chinese population, and sits on the corner with Blossom Avenue, just two blocks north of the Queens Botanical Garden.
The bulk of the new building would be devoted to apartments, with 47 spread over a bit more than 42,000 square feet of net residential space, for an average unit size of 900 square feet. The supermarket would also be replaced with a 10,000-square foot space on the ground floor of the building. And like most in the Chinese parts of eastern Queens with a large unmet demand for doctors’ offices, the developer would be taking full advantage of the community facility bonus, with a 12,000-square foot walk-in medical facility on the second floor.
The developer is listed as Good Fortune Realty of New York, owned by Kuanhe Wu, while the architect is JWC Architect Engineer, led by James Wu Chen.
The site last traded hands in 2011, when it was sold for $8.5 million – representing a steady appreciation since transactions in 2009 ($7.1 million) and 2004 ($2 million).
The site sits along the Q44 bus down Main Street, connecting neighborhoods with growing Chinese populations between and beyond downtown Flushing and Jamaica. The route is slated for an upgraded to Select Bus Service standards, but much more is needed to improve transit in eastern Queens and ensure that developments like this don’t overwhelm an already strained network.
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