Mega Development has announced plans for Fabric Astoria, a new development in the vibrant neighborhood of Astoria, Queens. The project will consist of two buildings offering a total of 99 residences. One building on 46th Street will feature 35 condos, with a mix of market-rate and middle-income units. The other building on 45th Street will offer 64 rental apartments, also with a mix of market-rate and middle-income options.
Designed by renowned firm Dattner Architects, Fabric Astoria promises to provide residents with luxurious living spaces and top-of-the-line amenities spanning over 22,000 square feet. These amenities include furnished rooftops for stunning views, an inviting courtyard area perfect for relaxation or socializing with neighbors ,and a state-of-the-art fitness center.
The condo prices at Fabric Astoria range from $750k to $1.75 million while rentals start at $3k per month up to $7k per month – all eligible for the desirable tax abatement program known as “421a”. Mega Development’s Principal Emanuel Kokinakis stated that they are committed to delivering high-quality housing options in New York City and are thrilled to bring stylish residences along with an impressive amenity package to the dynamic community of Astoria.
Sales and leasing services will be handled by MNS,a reputable real estate firm based in NYC.With its prime location,fabulous design,and exceptional offerings,FabricAstoriawill surely attract many buyers lookingfor their dream home or renters seeking luxury living experiences without havingto sacrifice affordability.The latest additiontothe thriving landscapeof this popular neighborhood,MegaDevelopment’sFabricAstoriaproject is setto make its markas oneofthe most sought-after developmentsinQueens.
