Astoria

The Rowan At 21-21 31st Street Receives TCO With Move-Ins Imminent In Astoria, Queens

The Rowan, at 21-21 31st Street in Astoria, Queens, has received its TCO, with closings now imminent. DXA Studio is the designer of the residential development, which yields a total of 46 residences, and is among the newest construction projects that have risen over the neighborhood in recent years. RockFarmer Properties is the developer of the building and Brown Harris Stevens Development Marketing is handling sales and marketing of the one to three bedroom condominiums. Only four units remain available for sale, which include a three-bedroom duplex measuring 1,856 square feet with 1,057 square feet of outdoor space, asking $2,549,000; and two three-bedroom penthouses with their own outdoor space. The Rowan is over 85 percent sold, with a recent penthouse sale setting a new record for the highest price per square foot paid for a three-bedroom condominium in the neighborhood.

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Excavation Underway for Three-Story Target Store at 22-11 31st Street in Astoria, Queens

Excavation work is ramping up at 22-11 31st Street, the site of a three-story retail structure with a Target store in Astoria, Queens. Developed by Jenel Real Estate, the building will yield 97,314 square feet with 175 feet of frontage along 31st Street. Pav-Lak Contracting, Inc. is the general contractor for the property, which was previously occupied by a two-story Key Food supermarket until its demolition in 2020. Target signed a lease with A&H Acquisitions and will provide a variety of households needs, décor, men’s and women’s apparel and accessories, baby and children’s apparel and toys, an adult beverage section, a CVS Pharmacy and Order Pickup, and tech and fitness accessories.

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Affordable Housing Lottery Units Still Available at 22-22 Steinway Street in Astoria, Queens

There are affordable housing lottery units available at 22-22 Steinway Street, a four-story residential building in Astoria, Queens. Designed by NDKazalas Architecture, the structure yields 13 residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $66,858 to $139,620.

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Rendering of 26-25 Fourth Street. Designed by J Frankl Associates

Developers Secure $65.9M for 165-Unit Building at 26-25 Fourth Street in Astoria, Queens

SCALE Lending recently provided $65.9 million in financing to facilitate the completion of a new 19-story residential building at 26-25 Fourth Street in Astoria, Queens. Designed by J Frankl Associates and developed by Bruman Realty, the 289,000-square-foot structure will stand 204 feet tall and yield 165 rental apartments, 38,000 square feet of retail space, and a 101-vehicle parking garage on a lot between 26th and 27th Avenues.

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