2018-04-18 / Front Page

Astoria Building With 114 Rental Units On Market For $100M

The Mega Contracting Group has put a mixed-use building at 31-57 31st Street featuring 114 apartments on the market for $100 million, according to the Real Deal real estate website.

Mega Contracting acquired the property for $17.4 million in 2015, when it was used as a parking lot, according to the Real Deal. Mega then developed the rental building with an underground garage, retail and community space.

Te building is conveniently located one block from the MTA Broadway/Astoria N/W elevated subway line and offers direct access to the MTA Q102 bus line.

It is also located within walking distance to the Broadway retail strip and the Steinway Street shopping district.

 –Liz Goff

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