The Real Deal New York

Developer snags Astoria car lot, 114-unit resi building planned

Site at 31-51 31st Street goes for $17M
January 15, 2015 03:10PM

An Astoria site slated for a 114-unit, seven-story residential development traded hands for $17.4 million.

Astoria 31st Street Developers LLC picked up the 26,000-square-foot site at 31-51 31st Street. Permits filed with the city in September revealed plans for a 102,060-square-foot building. That total will include 78,144 square feet of residential space, 19,761 square feet of commercial space and 4,155 square feet designated as a community facility, Brownstoner reported.

The architect of record is SLCE.

In November, the City Council granted final approval to Alma Realty for its Astoria Cove mixed-use development in the neighborhood, which will house 1,700 residential units. [Brownstoner] — Tess Hofmann

  • TC

    Right by the above ground subway. It is going to be very very noisy.

    • george

      No it wont, you’ll barely hear the train go by after a while, you get used to the sound. Also, they will probably put special sound proof windows. Great project, looking forward to seeing it get built.

      • UncleEddie

        Ha ha, it’s not noisy because you will get used to it. You must be a real estate agent.

        • george

          Broker extraordinaire, *half bow pose*. No, my office used to be on the 2nd floor on 31st, same level as the elevated train, and I wouldn’t even notice it.