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Nine Story Residential Building Nears Completion, Apartments to Hit the Market Next Month

April 13, 2015 By Christian Murray

The largest residential development to come to Sunnyside in recent years is expected to be completed next month and the 38 rent units contained within it will soon be hitting the market.

The development, a nine-story building located at 41-18 43rd Street (between on 43rd and Skillman Avenues), will be comprised of 14 1brm and 24 2brm apartments, according to developer Hooshang Nemat. The units are expected to be available for rent toward the end of May.

“I think the building is a great addition to 43rd Street,” Nemat said. The building also brings “Manhattan-style luxury” to Sunnyside.

Nemat said that each unit contains a Jacuzzi, a washer/drier, stainless steel appliances, an Italian kitchen and polished porcelain/marble flooring.

The one bedroom units are approximately 650 square feet in size and are likely to fetch about $1,900, Nemat said. The two-bedrooms are around 900 square feet and will be priced at $2,995.

“The [rental] numbers are close to 30% below the prices in Long Island City,” Nemat said.

The building will have rooftop facilities, including a lounge area. The apartments on the higher floors have both a balcony and a terrace.

There are 19 parking spots that will be available for rent and will be priced between $200 and $250 per month.

Nemat anticipates that it will take between two and four months to fully rent the building.

However, he said he has already received plenty of phone calls from people interested in the apartments.

“Many people want to buy a unit,” he said. However, he said that he preferred keeping it as a rental building.

“We like the area and are very optimistic about Sunnyside’s future,” he said. “We want it.”

Location prior to development (2012)

Location prior to development (2012)

Previous coverage:

Ground broken on a 9-story residential building in Sunnyside