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Renderings Revealed of 7-Story Roosevelt Ave Development

July 19, 2018 By Tara Law

A real estate brokerage firm has revealed renderings of a 7-story mixed-use building that will be going up in Jackson Heights.

The building, located at 77-02 Roosevelt Ave., will contain 44 apartments, a community facility and first-floor commercial space. The structure will replace a vacant 1-story building that was formerly the location of multiple businesses, including Arepa Lady.

(Photo: Google Maps)

The brokerage company, Greiner-Maltz Investment Properties, is now listing the building’s units for lease or sale. The developer, Magnus Capital Partners, provided the renderings to the brokerage firm.

Magnus Capital Partners first filed building permits for the structure in December 2016. Demolition permits have not yet been filed.

According to the realtor, the new building will contain 7,730 square feet of retail space and a residential lobby. About 54 to 65 parking spaces will be located on the cellar level.

A 6,027 square foot community facility intended for use as an educational, medical, or other community space will be located on the second floor.

Apartments will be located on floors two through seven. Residents will have access to an indoor lounge and outdoor space on the seventh story, as well as a fitness center on the second floor.


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Asaf the Arab

Great , more people is always good for business.
more people = more people spending.


Over crowded buses, trains , traffic, no parking.
In a short time developers are putting building left and right.
The bubble is going to burst.


very good plan.neighbourhood will change. we need new modern apt. in area for resident doctors in elmhurst hospital

Metal Rules

Where are the hustlers, prostitutes, drunks, illegal alien pregnant mothers with 5 kids in the artist redering?

Fat man Lou

So the master plan is keep adding & adding , keep stacking more & more people on top of each other. How about making the ENTIRE building a Community Center that offers workshops , helps the elderly , children , something for the neighborhood.

( DMV express is not a bad idea either )

Daniel Lafave

Why would a private developer build a community center? Are you proposing that the City buy the property in order to make a community center? I really have no idea what your point is.


How about you buy a property and build as you see fit. Good luck with the financing.


Nothing is free for the taxpaying citizens, seniors, veterans , nor legal aliens. FREE is only for the “undocumented”. If one expects our taxes to pay for something that will benefit the taxpayers, one is a socialist, or a bigot! One MUST be politically correct!


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