Queens

24-02 49th Avenue

New Owners Plan Commercial-Office Renovation at Seven-Story Property, 24-02 49th Avenue, Long Island City

Innovo Property Group and Westbrook Parters have acquired, for $195 million, the seven-story, 640,000-square-foot office-industrial building at 24-02 49th Avenue, in southern Long Island City. The purchase was financed with a $136 million mortgage, Commercial Observer reported. The building is nearly completely leased, with the New York City Housing Authority (NYCHA) occupying 480,000 square feet across five floors. The new owners plan to not renew NYCHA’s lease, which expires in 2020. The plan is to renovate the property to include modern and creative office space. The property is right across the street from the Hunters Point Avenue station on the 7 train and the Long Island Rail Road.


101-01 Roosevelt Avenue

Two-Story, 4,000-Square-Foot Retail Building Filed at 101-01 Roosevelt Avenue, North Corona

Queens-based property owner David Mehrara, doing business as an anonymous LLC, has filed applications for a two-story, 3,990-square-foot commercial-retail building at 101-01 Roosevelt Avenue, in North Corona. The structure will contain a total of six retail units, averaging 408 square feet apiece, across both floors. The structure will be topped by a roof terrace. Dju La Lukovic’s Astoria-based DJL Architect is the architect of record. The 39-foot-wide, 1,323-square-foot property is currently occupied by a two-story residential structure. Demolition permits haven’t been filed. The site is directly below the 103rd Street-Corona Plaza stop on the 7 train.


134-26 155th Street

Twin Two-Story, Two-Family Houses Coming to 134-26 155th Street, Rochdale, Queens

Queens-based property owner Singh Satrohaugn has filed applications for twin two-story, two-family houses at 134-26 155th Street, in Rochdale, Queens. The neighborhood is just a few blocks from the northern fringe of JFK International Airport. The new buildings will each measure 4,043 square feet and their full-floor apartments should average a family-sized 1,347.5 square feet apiece. Amenities include laundry facilities in the cellar and a total of two off-street parking spots. South Ozone Park-based RLD3 Engineering is the applicant of record. The 8,000-square-foot plot was occupied by a single-story house until 2015.


42-07 Bell Boulevard

Three-Story, Three-Unit Mixed-Use Building Planned at 42-07 Bell Boulevard, Bayside, Queens

Queens-based Parker Greenfield LLC has filed applications for a three-story, three-unit mixed-use building at 42-07 Bell Boulevard, located within the commercial center of Bayside, Queens. The structure will measure 7,673 square feet. The ground floor will host 2,232 square feet of commercial-retail space, followed by three residential units across the two upper floors. The apartments should average 997 square feet apiece, which means they will likely boast family-sized configurations. It’s unclear whether they will be rentals or sold as homes. Long Island City-based Carusone & Cherres Architects is the architect of record. The 25-foot-wide property is currently occupied by a deteriorating two-story mixed-use building. Demolition permits were filed in 2014. The Long Island Rail Road’s Bayside station is two blocks to the north.


59-25 Little Neck Parkway

Two-Story, 38,000-Square-Foot Medical Research Building Planned at 59-25 Little Neck Parkway, Little Neck, Queens

Northwell Health (formerly the North Shore-LIJ Health System) has filed applications for a two-story, 38,191-square-foot research building at 59-25 Little Neck Parkway, in Little Neck, Queens. The facility will feature a café and storage area/warehouse on the ground floor, followed by a business offices and laboratories on the second floor. Jeffrey Zutz’s NoMad-based Flad Architects is the architect of record. The 250-foot-wide, 56,000-square-foot property – bound by Little Neck Parkway, 59th Avenue, and 260th Street – is currently vacant. Until 2015, it was occupied by a two-story office building.


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