A new mixed-use development is coming to Roosevelt Avenue in western Queens, which divides Elmhurst from Jackson Heights. The seven-story project would replace a collection of small shops and restaurants at 77-02 Roosevelt Avenue, on the corner of 77th Street and in the shadow of the elevated 7 train.
New building applications filed yesterday call for 44 apartments and two stories of community facility and commercial space. The 44 apartments would be spread across 31,719 square feet of residential space, for an average unit size of 720 square feet. The building would also host 13,500 square feet of commercial space and 3,700 square feet of community facilities. The plans don’t say what the community space will become, but it could be a school or medical offices.
The third through sixth floors would have 10 units apiece, and the top floor would have just four apartments. There would be a 33-car, automated garage in the cellar and six off-street parking spots in a surface lot next to the building. City rules require that parking, though future residents will be able to walk to the 7, E,F,M and R trains in about 10 minutes. A mezzanine between the first and second floors would also offer space for 22 bikes.
Magnus Capital Partners, headed by Vishal Arora, is developing the project, and has tapped Fogarty Finger Architecture to handle the design.
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Yesterday, today or tomorrow also the future permits filed will still alive, such as seven stories.
Impressive redevelopment for an underutilized corner. Very few residential- commercial projects of this proportion have been undertaken along this stretch of the Roosevelt Ave. corridor. Lots of low-rise, one and two-story buildings here which could be ripe for future development, if the noise from the 7 train can be neutralized. And this corner is 3 short blocks to the 74th St. station, less than a five minute walk.