Back in February, YIMBY reported on applications for a seven-story, 65-unit residential building at 34-22 35th Street, in southern Astoria, equidistant to subway stops on the N/Q and M/R trains. Now, Real Estate Weekly has the project’s reveal. According to the latest permits, the building will feature 1,352 square feet of ground-floor retail space, and rental units will average 665 square feet apiece. Fairfield County-based Valyrian Capital is developing, while Kutnicki Bernstein Architects is designing. The vacant property was acquired for $16 million in an off-market deal.
Property owner Maria Nicoletta has filed applications for a three-story, four-unit residential building at 28-40 45th Street, in eastern Astoria, five blocks from the M and R trains’ stop at 46th Street and Broadway. The building will measure just 3,111 square feet, boasting average units of 778 square feet. Great Neck-based Frank Petruso is the architect of record, and permits were filed last month to demolish a recessed single-family home.
Great Neck-based Antonio Mourtil has filed applications for a seven-story, 17-unit mixed-use building at 30-13 31st Street, in central Astoria, right below the 30th Avenue stop on the N and Q trains. The building will measure 17,504 square feet in total, and will feature 2,791 and 2,890 square feet, respectively, of retail space on the ground floor, and health care facilities on the second. Units will be located on the floors above and will average a rental-sized 695 square feet each. New Jersey-based T.F. Cusanelli & Filletti Architect is the applicant of record, and a two-story house must first be demolished.
While two megaprojects, Astoria Cove and Hallets Point, inch toward reality in western Astoria, smaller developers have begun to eye the little peninsula that juts out into the East River, just south of Astoria Park. One such builder, Dr. Baldhevai Patel, hopes to build a six-story mixed-use development at 23-36 4th Street, between 26th and 27th Avenues.
John Kivotidis, head of Kivo Realty, has filed applications for a five-story, nine-unit residential building at 29-28 Newtown Avenue, in central Astoria, two blocks from the N and Q trains’ stop at 30th Avenue. The building will total 6,388 square feet, which means units will average a rental-sized 710 square feet apiece. Sugnam Chang’s Bensonhurst-based Basic Groups Corp. is the applicant of record, and an existing single-story building must first be demolished.