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7-Story Building Planned for 52nd Street and Roosevelt Avenue

A developer has filed plans for a seven-story building spanning three properties by 52nd Street and Roosevelt Avenue. (Google Maps)

Jan. 17, 2019 By Nathaly Pesantez

A developer has filed plans for a seven-story building at the corner of 52nd Street and Roosevelt Avenue in a project that comes after several properties were recently purchased on the stretch.

“52 Roosevelt Ave Inc,” the developer that recently purchased three properties on the avenue including the old Nunziato Florists building, the lot with the small home next to it, and the two-story building where Payag restaurant was, has plans for a single building that would span all three sites.

The proposed project, with an address of 51-24 Roosevelt Ave. calls for a 63,000 square foot building with 40 apartments, offices and stores, and a house of worship on site.

At least two retail stores would take up part of the ground floor at the proposed development, along with a lobby leading to an office and the house of worship on the second floor.

Floors three through seven would hold between six and nine apartments, with a recreation room and laundry room planned for the third floor.

The plans also include 20 enclosed parking spaces for cars, and 20 more for bicycles.

An approximate outline of the three properties combined. (Queens Post/Google Maps)

The Flushing-based property owner had been in negotiations to purchase the three properties since last year, and closed on the sales in the last several months.

The 51-28 Roosevelt Ave. and the 51-24 Roosevelt Ave. properties, both previously held by the owners of Nunziato Florists, were sold for a combined $3.67 million on Nov. 30.

The corner 51-30 Roosevelt Ave. property, with a relatively new building on site, was sold on Jan. 4 for $3.58 million.

Goldenwood Property Advisors, which brokered the deal for the corner property, said the location was sold as a mixed-use development site, meaning that a new project was likely forthcoming. Demolition plans for the three sites have yet to be filed.

All the properties are under R6 zoning with commercial overlays, which allow for as-of-right developments like the proposed building.

The developer could not be reached for comment.

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9 Comments

Phil

Station is already too crowded and they have no business putting a parking lot in that location. Cancel permits!

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Julisa

One day everyone’s gonna wake up and find that NYC is all residential buildings and Chase Banks.

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maria perez

This is just getting to crazy with Condos, Co-Ops with their prices so called AFFORDABLE ..You have to make more than $70,000 to $95,000 for 1 person in a studio rent is over $1,900. HOW DO YOU CALL THAT AFFORDABLE…..All these placing popping up are killing the small apts for people you have decent rents…It’ll make those landlords to raise rents….Is that fair to the rest of us!!!! This is way there are so many people living in the streets….Plus more apts and no place to park the cars…Why don’t they build a packing lot, which will help a lot of us needing a place to park our cars.

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SUSAN BUTLER

Wait till the new tenwt finds out the $$$$$$$$$$$rent and then every two minutes during rush hour OH the NOISE!!!!!!!!!!!!!!!!!!!!

657
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rgs midtown

no doubt the view & sound of the 7 will cost more.. in the not to distant past it was only people who had less that lived under the el.. my park slope grandma is laughing in her brooklyn grave..

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Cult of Bezothulhu

A house for the Amazon hipsters to worship their god Bezothulhu.
Ph’nglui Bezothulhu Roosevelt wgah’nagl fhtagn
(In his house at Roosevelt Bezothulhu waits dreaming)

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