Permits have been filed for a 22-story mixed-use building at 1695 2nd Avenue on Manhattan’s Upper East Side. Located between East 87th Street and East 88th Street, the lot is two blocks north of the 86th Street subway station, serviced by the Q train. Aimco is listed as the owner behind the applications.
The proposed 270-foot-tall development will yield 96,543 square feet, with 93,945 square feet designated for residential space and 2,507 square feet for ground-floor commercial space. The building will have 51 residences, most likely condos based on the average unit scope of 1,842 square feet. The concrete-based structure will also have a cellar. Previous permits filed in 2019 called for a 22-story building with a smaller footprint and 41 residences.
Hill West Architects is listed as the architect of record.
Demolition permits were filed in 2019 and the low-rise on the site was recently vacated. An estimated completion date has not been announced.