34 The CourieR SUN • REAL ESTATE • december 4, 2014 FOR BREAKING NEWS VISIT www.couriersun.com ▶ real estate Photo courtesy of Scott Bintner/PropertyShark LIC parking lot to be converted into 428-unit residential tower BY LIAM LA GUERE records. [email protected] GKV Architects will be designing the new tower, @LiamLaGuerre which will have 214 parking spaces — meeting city requirements based on zoning regulations for the The trend of converting parking facilities into new area. The site, however, is located adjacent to the 39th sites for residential development has reached Alert Avenue N and Q subway station, giving future residents Garage Corp.’s massive lot in Long Island City. easy access to transportation. The owner of the parking garage, which takes up Nearly 3,200 square feet in the new structure will be nearly one block, filed permits with the Department of set aside for commercial space, according to the filings. Buildings on Wednesday to construct a new 10-story The site’s 83,000-square-foot floor area contains an mixed-use residential and commercial tower on the site existing one-story building, which occupies about a of the lot. fifth of the lot. The filings indicate the new structure The property at 30-17 40th Ave. will be developed will be developed on the entire site, meaning that the into a new, mostly residential building with more than one-story building will be demolished if plans are met. 290,000 square feet and 428 units, according to city Demolition permits have yet to be filed. CONSTRUCTION OF A NEW 12-STORY ASTORIA RESIDENTIAL BUILDING SET TO BEGIN BY LIAM LA GUERE [email protected] @LiamLaGuerre Development of a new 12-story residential building in Astoria is moving on to the construction phase. HD Management LLC filed an application recently with the Buildings Department to begin excavation and structural work on the new 52-unit residential tower to be built on a site stretching from 27-13 through 27-17 21st St. Purcell Architects will design the building, which will have 38,547 square feet of space for residential use. There will also be 31 enclosed parking spaces. Currently a three-story building that was originally constructed in 1922 sits on part of the site. Demolition of a one-story auto shop, which sits on another section of the site, began earlier this year. The one-story building at the site. Map via Bing Maps Photo courtesy of Scott Bintner/PropertyShark Former auto shop site at 27-17 21st St. HOT LISTINGS Commercial Properties 1111 44th Dr., Long Island City Price: $20 million Type: Industrial and office building Size: 40,000 square feet/ 80,000 buildable Stories: 2 Broker: DY Realty Services 180-10 93rd Ave., Jamaica Price: Contact [email protected] Type: Industrial building Size: 17,500 square feet/ 59,380 buildable Stories: 1 Broker: DY Realty Services 49-10 47th Ave., Woodside Price: Contact [email protected] Type: Warehouse Size: 15,000 square feet Stories: 1 Broker: Greiner-Maltz Residential Properties 70-18 Groton St., Forest Hills Price: $1.69 million Size: 5 bedrooms/3.5 bathrooms Stories: 2.75 Broker: Terrace Sotheby’s International Realty 34-28 72nd St., Jackson Heights Price: $800,000 Size: 5 bedrooms/2.5 bathrooms Stories: 2.5 Broker: Prime Realty 94-05A 46th Ave., Elmhurst Price: $499,999 Size: 3 bedrooms/2 bathrooms Stories: Condo Broker: Prime Realty
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