12 Story, Project-Based Section 8 Building In A Prime Clinton Location
A package of two large multifamily buildings located in the prime western Queens neighborhood of Astoria
The New York City multifamily market registered positive year-over-year gains during the first quarter of 2018. The city saw more transactions and higher dollar volume this quarter than any other in the prior year. In fact, dollar volume was the highest since 4Q16 while transaction volume was the highest since 3Q16.
36,000 SF Fordham Parking Garage:
305 East 182nd Street
The property consists of 240 parking spots with split zoning of C8-3/R7-1, which allows for approximately 35,000 commercial buildable square feet and 17,000 residential buildable square feet.
Multifamily Month in Review:
The New York City multifamily market finished off the first quarter of 2018 with strong activity that demonstrated significant year-over-year increases for the month of March.
Real Estate Developers In Queens Continue To Long For Land In Long Island City & Astoria
Developers’ quest for Queens real estate has been insatiable, particularly for sites situated in Long Island City and Astoria, where favorable pricing, wealth of transportation options, and strong demand for condominiums suggest substantial upside and potential for appreciation in the near- and long-term.