Flushing

New Owner Acquires Mixed-Use Assemblage at 144-51 Northern Boulevard, Flushing

10:00 am on August 25, 2016 By Reid Wilson

CW Northern LLC has acquired the 36,889-square-foot mixed-use development assemblage at 144-51 – 144-61 Northern Boulevard, in Flushing’s Linden Hill section. The assemblage — consisting of two lots — traded for $36 million. That equates to more than $400 per square-foot, a record for Queens in 2016, Real Estate Weekly reported. The plot can accommodate 89,640 square feet of mixed-use development if the existing buildings are demolished. It is currently occupied by a two two-story office properties, both currently occupied by banks. Plans for the site haven’t yet been publicly disclosed. The Flushing-Main Street stop on the 7 train is six blocks away.

Asian Americans for Equality Files Seven-Story, 88,700-Square-Foot Office Building at 133-04 39th Avenue, Flushing

10:00 am on August 19, 2016 By Reid Wilson

The Asian Americans for Equality Community Development Fund (AAFE CDF) has filed applications for a seven-story, 88,749-square-foot mixed-use commercial building at 133-04 39th Avenue, located at the corner of College Point Boulevard in downtown Flushing. The new building will feature retail space on the ground floor, followed by 18,142 square feet of non-profit community facility space on the second, third, and fifth floors, and office space on the fourth, sixth, and seventh floors. The retail and office space will add up to 42,986 square feet. A 72-car parking garage will be located underground. Midtown East-based JCJ Architecture is the architect of record. The 13,388-square-foot property is currently occupied by a single-story commercial building. Demolition permits were filed in April. The Flushing-Main Street stop on the 7 train is two blocks away.

Six-Story, 12-Unit Residential Building Filed at 140-20 Cherry Avenue, Flushing

10:00 am on August 5, 2016 By Reid Wilson

Property owner Kevin Yang, doing business as an anonymous Whitestone-based LLC, has filed applications for a six-story, 12-unit residential building at 140-20 Cherry Avenue, located on the southern end of downtown Flushing. It will measure 9,281 square feet and its residential units should average 700 square feet apiece, indicative of rental apartments. Amenities include laundry facilities, six off-street parking spaces, and a rooftop terrace. There will also be doctor’s offices in the cellar. Chang Hwa Tan’s Flushing-based Tan Architect is the architect of record. The 28-foot-wide, 2,800-square-foot property is currently occupied by a two-story house. Demolition permits were filed back in late 2014. The Flushing-Main Street stop on the 7 train (the line’s eastern terminus) is nine blocks to the north.

16-Story, 269-Unit Mixed-Use Redevelopment Planned at RKO Keith’s Theatre, 135-35 Northern Boulevard, Flushing

6:30 am on August 2, 2016 By Reid Wilson

Beijing-based Xinyuan Real Estate has acquired the dilapidating RKO Keith’s Theatre, of which the interior is an individual landmark, at 135-35 Northern Boulevard, in downtown Flushing, for $66 million. Xinyuan plans to redevelop the property into a 16-story, 269-unit mixed-use building dubbed Flushing Square, Real Estate Weekly reported. The project will encompass 372,598 square feet and will host retail space on the ground and second floors. Pei Cobb Freed & Partners will be responsible for the design. Although redevelopment plans were first filed as far back as 2003, the new architect will likely file new permits with the Buildings Department. Regarding the landmarked interior, Pei Cobb Freed will also have to seek approval from the Landmarks Preservation Commission if the firm’s vision differs from those previously approved plans. The site was placed on the market earlier this year after the previous owners, JK Equities, acquired it in 2013 for $30 million.

Faith Bible Church Plans Seven-Story Replacement at 133-20 41st Avenue, Flushing

10:00 am on April 7, 2016 By Reid Wilson

Pastor John Hao’s Faith Bible Church & Seminary has been filing applications since 2013 to build a seven-story, 28,064-square-foot church at the site of their current house of worship, located at 133-20 41st Avenue. That’s in downtown Flushing, three blocks from the Main Street Station on the 7 train. The latest filing indicates the new building would have the main sanctuary on the ground and second floors, followed by a library, multi-purpose rooms, office and conference rooms, and storage space on the third and fourth floors. The fifth through seventh floors would contain classrooms. Chang Hwa Tan’s Flushing-based Tan Architect is the architect of record. According to the demolition permit, work began last September to raze the church’s existing two-story building.

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