Jackson Heights Development Site on the Market for Big Bucks

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    An unfinished development site is on the market at 37-59 81st Street, in Jackson Heights. It’s asking $13,000,000. The 5,600-square-foot lot, right off Roosevelt Avenue and close to the 82nd Street 7 train stop, already has major development plans in place. According to the listing, plans include two seven-story towers, one designated for residential use and the other for a hotel. Both buildings include commercial space. DOB permits say the design is by Michael Kang Architect.

    Construction’s already finished on the building foundations, the basement and the ground floor. It’s unclear to us how long the unfinished structure has been sitting there. If you know any more info about the site in question, hit up our tipline.

    37-59 81st Street Listing [Q’Stoner] GMAP

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