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Astoria parking lot with major development plans sells for $17M

$17m parking lot
Photo courtesy of Gratiela Ilis/PropertyShark 

An Astoria parking lot with plans for development has been sold for $17.35 million, according to property records filed with the city on Tuesday.

The buyer, Astoria 31st Street Developers LLC, bought the property, which is located at 31-51 31st St., from a group of owners under the name 1st Carico LLC.

Files to demolish the parking booth and construct a seven-story, mixed use commercial, residential and community facility building, were placed with the  Buildings Department last year.

SLCE Architects are designing the new building, which will have 114 residential units and nearly 20,000 square feet of commercial space as well as a 4,155-square-foot community facility,  according to city records.

There will also be 127 parking spots at the site.

 

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