24-story, mixed-use building planned for Long Island City

city realty
Photo via dmitry-druzhinsky.com

A 24-story building will rise in Long Island City, replacing a two-story structure that included a coffee shop.

The building at 41-05 29th St. will include 66,934 square feet of residential space and 84 apartments. The ground floor will feature 2,050 square feet of commercial space, according to permits filed with the Department of Buildings.

Amenities will include a fitness center, library, a children’s lounge and storage for 41 bicycles, YIMBY first reported. There will be no parking. The building is located on a triangular lot right across the street from Newcomers High School.

SB Development Group purchased the property for $15.5 million last November, according to The Real DealFogerty Finger Architecture is responsible for the design.

“It took some time to assemble the various parcels and development rights necessary to build something substantial,” SB Development co-founder Joseph Stern told The Real Deal. “The irregular triangular shaped lot has its challenges, but the opportunity to build something different and unique for the neighborhood is what we envisioned with our architect.”

In a report released by the Long Island City Partnership on April 12, the development corporation found that more than 10,200 residential units are currently under construction or proposed beyond 2020.

The building is located near the Queens Plaza section of Long Island City and around the block from where Queens Plaza Park, a 70-story tower developed by Durst Organization, is slated to be constructed.