Sun Equity Partners

40-31 82nd Street in Jackson Heights, Queens

Rendering Revealed for 40-31 82nd Street in Jackson Heights, Queens

New renderings have been unveiled for “The Shoppes on 82nd Street,” located between Ithaca Street and Roosevelt Avenue on 82nd Street, at the border of Jackson Heights and Elmhurst, in Queens. The outdoor mall, currently under construction, is served by five subway lines in the area, including the E, F, M, and R trains at 74th Street and Broadway, as well as the 7 train at the 82nd Street station. The project is situated in a prime shopping district of Jackson Heights, with more than 20 national and regional chain stores, and is also easily accessible by car via the Grand Central Parkway, Brooklyn Queens Expressway, and the Long Island Expressway.

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40-31 82nd Street

Reveal for Seven-Story, 160,000-Square-Foot Commercial Project Planned at 40-31 82nd Street, Elmhurst

Sun Equity Partners and the Heskel Group have closed on the $27 million purchase of the 23,439-square-foot site at 40-31 82nd Street, located along Ithaca Street and Baxter Avenue in northern Elmhurst. The duo plan to build a seven-story, 160,000-square-foot mixed-use commercial building, The Real Deal reported. Dubbed The Shoppes At 82nd Street, it will feature 45,000 square feet of retail space on the ground and cellar levels, followed by 100,000 square feet of community facility space on the floors above. No new building applications have been filed at this time. An old, vacant movie theater, in addition to multiple single- and two-story commercial structures, must first be demolished. The 82nd Street-Jackson Heights stop on the 7 train is a few steps away.


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