31-19 37th Street

Long Island City, NY 11101

GROUND UP • ASTORIA

 

 

In under 12 months, the CW team drove this residential build from ground-breaking to full occupancy.

To accomplish this, the full scope of our seamless scheduling and advanced planning capabilities came into play. Careful coordination between engineers, architects, expediters, contractors, and ground teams eliminated work gaps and communication errors. Additionally, by understanding the current rental market in Astoria, and the amenities it values, the building hit the market hot, with each unit positioned as highly desirable.

Building inspections were completed January of 2020,, and only 3 weeks later, every unit was occupied with quality tenants.

 

 


PROJECT BUDGET: 12.5 M

RENTAL INCOME: 1.2 M Per Annum

COMPLETION: 12 Months

SQ FT: 36,500

UNITS: 38 Residential

FLOORS: 5