Feb. 27, 2019 By Nathaly Pesantez
A charming corner home on 43rd Street built in the early 20th century will likely be torn down to make way for a new apartment building.
The two-story home, located since 1929 at 42-17 48th Ave.—where Woodside and Sunnyside meet—was recently purchased by an Astoria-based developer who plans on building a four-story, 10-unit building on site.
Demolition plans for the brick home were filed by Farzan Adhami, the developer, in mid January after he purchased the property in August for $1.17 million.
Development plans were then filed earlier this month for the new apartment building spanning more than 6,700 square feet, which will see between two to three units on each floor. An rooftop recreational area is also planned as part of the project.
The new building would be about 30 feet lower in height than the six-story apartment complex on the same block toward 42nd Street.
Ryan Adhami, who is part of the development team, told the Sunnyside Post that the corner site has great potential in the growing neighborhood.
“I think it’s a really great area for families,” he said, adding, “There’s probably good demand for family-sized apartments, so it just made sense for us.”
The apartments will all be rentals, are a mix of studio and two-bedroom units.
Renderings are not yet available for the new development, as its look is still being determined. The team, meanwhile, is also focusing on the project’s buildout, given the existing brick home’s arrangement.
While the corner home is a single property, it appears to be connected to an entirely separate home immediately adjacent to it, which has a different address and owner. The development team has no plans to purchase the adjoining property, and is set on moving forward with the project as planned.
“We’re still trying to work out the whole plan with our engineer now,” Ryan said. “Our biggest thing is to protect the neighbor.”
The team, operating under “Leopold 48 LLC,” hopes to have the building completed in two years time, which depends on obtaining Department of Building approvals.