REAL ESTATE
Developers plan 17-unit residential building near Astoria waterfront
BY JENNA BAGCAL
jbagcal@qns.com/ @jenna_bagcal
A development site on Astoria‘s
waterfront will soon be home to a
new 17-unit residential building.
Th e CPEX Development and Conversion
Team recently sold a 15,000-square-foot
development site at 12-19 31st Dr. to local
real estate developers GreenbergFarrow.
CPEX said that the 11,170-square-foot
footprint of the property off ers 15,080
buildable square feet for residential development.
According to CPEX Real Estate, the
developers bought the property for $3
million, and plan to demolish the existing
walk-up building that stands on the property.
Sales in Queens HOMES COOPS CONDOS Listings and photos courtesy MLSLI
NORTHEAST NORTHWEST SOUTHEAST SOUTHWEST
BAYSIDE WOODSIDE ST. ALBANS WOODHAVEN
Under $500,000
15-24 163rd St., Whitestone
$345,000
Co-op
2 bedrooms, 1 bathroom
Anne Donohoe
Home and Health of Long Island
$500,000 - $900,000
144-85 Roosevelt Ave., Flushing
$618,000
Condo
2 bedrooms, 1 bathroom
Jing Sun
Graceful World Realty LLC
Over $900,000
33-16 Bell Blvd., Bayside
$1,668,000
1-family Colonial
4 bedrooms, 4 bathrooms
Rong Dong
E Realty International Corp.
Under $500,000
37-27 86th St., Jackson Heights
$225,000
Co-op
2 bedrooms, 1 bathroom
Jessica Mileto
Keller Williams Realty Landmark
$500,000 - $900,000
25-69 38th Ave., Astoria
$759,000
Condo
2 bedrooms, 1 bathroom
Carmela Vlacich
Realty Executives Today
Over $900,000
56-25 Roosevelt Ave., Woodside
$1,300,000
1-family Ranch
2 bedrooms, 1 bathroom
Kristyne Rinaldo
Douglas Elliman Real Estate
Under $500,000
110-20 215th St., Queens Village
$400,000
1-family Colonial
3 bedrooms, 2 bathrooms
Nancy Mosca
Keller Williams Realty Greater
$500,000 - $900,000
188-35 120th Rd., St. Albans
$559,000
1-family Colonial
3 bedrooms, 2 bathrooms
Taramattie Persaud
RE/MAX 2000
Over $900,000
83-28 160th St, Jamaica Hills
$948,000
2-story, 2-family
3 bedrooms, 3 bathrooms
Guang Yang Li
Chase Global Realty Corp.
Under $500,000
99-41 64th Ave., Rego Park
$349,000
Co-op
1 bedroom, 1 bathroom
Dianping Li
Win Team Realty Inc.
$500,000 - $900,000
92-45 75 St., Woodhaven
$648,000
2-family Colonial
2 bedrooms, 3 bathrooms
Hieu Nguyen
East Coast Realtors Inc.
Over $900,000
83-34 116th St, Kew Gardens
$1,499,995
1-family Victorian
7 bedrooms, 4 ½ bathrooms
Moinul Islam
Mega Homes Realty Inc.
Scott Loikits, the principal and design
director for GreenbergFarrow, was listed
as the applicant for the three-story on New
York’s Department of Buildings website.
YIMBY first reported that
GreenbergFarrow had applied for permits
to the property back in May of this year.
Th e development is located a block
away from Socrates Sculpture Park on
the Astoria waterfront, and is also situated
a block away from Broadway,
Astoria’s main retail corridor.
Recently, Astoria’s waterfront property
has been growing in popularity due to new
developments in transportation, business
and real estate. Last August, the NYC
Ferry introduced an Astoria route, which
makes stops at Long Island City, Roosevelt
Island, 34th Street and Wall Street, as
reported by QNS. Th e ferry was part of
Mayor Bill de Blasio’s plan to make New
York City accessible to more residents.
“Th e recent addition of ferry service
to northern Astoria has fueled a new
wave of residential development. Th is
part of Astoria, which wasn’t popular as
recently as a few years ago due to limited
transportation options, is now one
of the most sought-aft er markets in the
city,” said Catherine Vintonik, an associate
director and member of the CPEX
Development and Conversion Team.
Sutherland Dyke, another associate
director from the company,
spoke about other recent developments
along Astoria’s waterfront.
“With the addition of new developments
along the waterfront, including the Durst
Organization’s Halletts Point megaproject
as well as numerous smaller scale projects,
Astoria continues to strengthen its
status as a great place to live for people
seeking a strong sense of community and
proximity to all fi ve boroughs,” Dyke said.
Other members of the team include
Managing Partner Brian T. Leary
and Associate Director Jidan Kim.
A call to GreenbergFarrow’s offi ces for
further information has not yet been
returned.
12-19 31st Drive in Astoria. Photo via Google Maps
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