As New York City’s development boom pushes further into the outer boroughs, builders are looking for more affordable properties in neighborhoods where few developers have been willing to tread since the city’s real estate market bottomed out in 2009.
But now the area east of Queens College—a rather isolated neighborhood called Pomonok—is finally seeing some new construction. Bi Yuan Chen, of Flushing-based Parsons Tower LLC, is planning a seven-story apartment building with a daycare at 71-66 Parsons Boulevard, according to applications filed with the Department of Buildings on Friday.
The project’s 55 apartments would be spread across 36,942 square feet of residential space, for average units of 670 square feet. The daycare would fill 11,384 square feet on the first two floors, followed by five units on the second floor and 11 units each on the third through sixth floors. The top floor would hold six units, topped by a roof deck.
There would be a 21-car garage in the cellar and another seven parking spots on the first floor—just enough to satisfy the city’s parking rules.
The 12,464-square-foot development site includes an empty lot and an aging wood frame house that likely dates back to the 1910s or 1920s. The vacant lot sold for $3,120,000 in September, and the home changed hands for $2,550,000 earlier this month.
The little house is surrounded by large 1960s co-op buildings, and the new development (probably rentals) will be slightly shorter than its looming nine-story neighbors.
Flushing-based Chang Hwa Tan Architect will be responsible for the design.