Jan. 15, 2015 Staff Report
A mammoth parking lot located just one block from the Broadway subway station has sold and plans are in the works to build a large residential building.
The property, located at 31-52 31st Street, was bought for $17.35 million by “Astoria 31st Street Developers LLC,” according to city real estate filings yesterday.
The parcel, which is a massive 26,000 square feet, has been a parking lot for years.
The developer plans on building a seven-story, 114-unit building that spans 102,060 square feet, according to plans filed with the Department of Buildings.
There will be 78,144 square feet of residential space, 19,761 square feet of commercial space, and 4,155 square feet for a community facility.
The DOB is reviewing the application and has not issued building permits yet.
