Detailed proposals contained within an environmental assessment statement reveal plans to construct a mixed-use affordable housing building in Sunnyside, Queens. Located at 50-25 Barnett Avenue, the eight-story building could yield 167 to 189 residential units, 170 parking spaces, and 5,323 square feet of office area that will be reserved for non-profit use.
The total development could span up to 194,710 square feet. In its existing condition, the site supports a 223-unit public parking lot.
The residential component will be marketed exclusively to low- and moderate-income households. It is anticipated that 50 percent of the units will be restricted to households earning up to 60 percent of the area median income (AMI) and the remaining units would be for moderate-income households earning up to 110 percent AMI.
An environmental assessment statement is required, because the development cannot proceed without zoning map amendments. The amendments would effectively rezone the project site and the surrounding area for increased residential volume and mandatory inclusionary housing.
The proposals arrive from Phipps Houses, which is the largest and longest-running non-profit developer, owner, and property management company with a focus on affordable housing projects. If approved, partial funding for the project would be sourced from the Department of Housing Preservation and Development’s “Our Space Initiative” subsidy and the Housing Development Corporation.
Phipps Houses anticipates full completion by 2023, following approximately 24 months of construction.