Residential Conversion Underway At 33-01 38th Avenue, Long Island City


Northern Long Island City is on its way to getting a new residential building, made out of an old commercial one. We have photos of the work underway at 33-01 38th Avenue, courtesy of an alert reader.

The two-story, 22,280-square-foot commercial building, located between 33rd and 34th streets, was purchased by the Hakimian Organization for $14.4 million, according to The Real Deal. Now, YIMBY can report it is being converted into a six-story, 65,916-square-foot residential building, and structural elements have risen above the two-story mark.

The latest filing indicates 92 units (though the new building permit indicates 94). If you do the math on 92, that works out to an average unit size of about 716 square feet. So, they will probably be rentals.

There will be 10.5 units on the first floor, the rest of that half unit on a mezzanine level, 19 units each on floors two through five, and five units on the sixth floor.

The Schedule A lists amenities in the cellar including one or two lounges, an exercise room, and a game room, plus the management office and super’s office. The first floor will have room 47 bicycles and a fitness room. The second floor will feature an amenity terrace. More amenity terraces will be located on the sixth floor and on the roof. Also listed are 31 automobile parking spaces on the first floor.

The location is very convenient for mass transit, with the M and R trains located a little over one block away and the N/Q not much farther the other way.

The Midtown-based GreenbergFarrow architecture firm is listed as the applicant of record. On-site signage says completion should come in 2018.

New York YIMBY