Mega to Develop Two 99-unit Apartment Buildings in Astoria

NYC developer, Mega Development, today announced the firm’s plans for 22-54 46th and 22-51 45th Streets in Astoria, Queens and unveils https://fabricastoria.com/, an eight-story, two-building development that will offer 99 residences. Building one will be condominiums located on 46th Street and will consist of homes, in which 25 will be market-rate, ranging from one- to three-bedroom homes; and building two will be rentals located on 45th Street and will consist of 64 residences ranging from studios to three-bedroom apartments, of which 44 will be market-rate.

https://www.mns.com/, an innovative New York City (NYC) based real estate firm, has been selected for leasing, and marketing at Fabric Astoria.

“As we continue to deliver quality housing to the communities of New York City, we are excited to produce residences with stylish finishes and a robust amenity package for the neighborhood of Astoria,” said Emanuel Kokinakis, Development Principal of Mega Development.

Designed by https://www.dattner.com/, an NYC-based architecture firm known for design excellence and civic engagement, the condominiums at Fabric Astoria will feature energy efficient double-paned windows; Herringbone-patterned oak flooring; central heating and cooling; fully integrated Liebherr and Bosch appliances; Bianco Calacata Quartz countertops; in-unit washer/dryers and Kohler plumbing fixtures.
What’s more, all residents (both owners and renters) will enjoy over 22,000 square feet of expansive amenity areas including:

- Furnished and landscaped roof-top terrace w/ sweeping Manhattan views 
- Second floor furnished and landscaped terrace w/ a BBQ grill station
- Ground floor courtyard for active exercise and children’s play area
- Resident’s lounge with convertible billiards/dining table
- Co-working space with private conference room and private work stations
- State-of-the-art fitness center
- Sauna
- Children’s playroom
- Bicycle storage
- On-site parking garage with EV chargers 
“Our team is thrilled to serve as the , leasing and marketing firm for Fabric Astoria,” said Andrew Barrocas, CEO of MNS. “We are excited to see the building’s impact on the already buzzing Astoria market and we’re confident that the amenities included will set the standard for future developments in the neighborhood.”

Estimated pricing for the condominiums will range from about $750,000 to $1.75 million and pricing for the rentals will range from about $3,000/month to $7,000/month.

Located between Ditmars Boulevard and Astoria Boulevard North, Fabric Astoria delivers an easy commute to Manhattan. As well, the neighborhood continued to be increasingly attractive to residents as an alternative to owning or renting in Manhattan. A trendy yet traditional atmosphere, Astoria offers a variety of restaurants, bars and shopping located a quick distance from Fabric Astoria.

ABOUT Mega Development
Mega Development, an affiliate of Mega Contracting Group, LLC, is a full-service construction management, general contracting and real estate development firm. Mega has over three decades of experience building and developing ground-up new construction buildings throughout New York City. Mega is dedicated to the delivery of quality housing that serves all communities and households across the vast range of needs in the City.
 
ABOUT MNS
MNS is an innovative real estate brokerage specializing in the marketing, sale and rental of residential properties. To increase impact, we seamlessly integrate marketing, sales, and technology to produce the most efficient sales possible at the highest market-driven prices. Our services reflect our unique position as trendsetters, innovators, and shapers of the market. We focus on relationships rather than transactions, offering clients and customers an unsurpassed level of personalized service. For more information, please visit http://www.mns.com.
*Pending HPD approval

This advertisement is not an offering. It is a solicitation of interest in the advertised property. No offering of the advertised units can be made and no deposits can be accepted, or reservations, binding or non-binding, can be made until an offering plan is filed with the New York State Department of Law. This advertisement is made pursuant to Cooperative Policy Statement #1, issued by the New York State Department of Law. AG file #CP23-0008. Sponsor: MD45 Developers, LLC 48-02 25th Avenue, Astoria NY 11105. Artist renderings and images are for illustrative purposes only. (Credit: Brett Fisher)