Developers Advance Seven Residential Projects in Astoria

Construction crews are actively reshaping the Astoria skyline with a series of new residential and mixed-use developments.

Updated on Oct. 28, 2026 in Construction

Developers Advance Seven Residential Projects in Astoria

Live Poll

Is the rapid growth of new residential apartment buildings in your neighborhood a positive change?

Developers are currently building seven distinct residential and mixed-use projects across Astoria, with multiple sites undergoing active excavation and demolition. These new developments will introduce hundreds of new housing units to the neighborhood over the next several years.

Why it matters

The surge in high-rise construction significantly increases the residential density of the Astoria area. This wave of development reflects ongoing efforts to meet housing demand through both active construction projects and future planned sites.

The projects include buildings ranging from 6 to 26 stories tall, with the largest planned development at 37-09 36th Ave. set to house 198 apartments. 3103 Milo Enterprises LLC secured a $45.6 million loan to finance the development located at 31-03 37th Ave.

The players

3103 Milo Enterprises LLC

This is a real estate development entity that recently secured $45.6 million in financing for a major project in Astoria.

The details

Crews are clearing land by demolishing low-rise structures to make way for new multi-story buildings, including a 16-story mixed-use tower with 234 units at 35-17 42nd St. Meanwhile, the 9-story condo building at 32-16 38th Ave. is currently under construction, adding 87 units to the local housing stock.

November 2026: Expected topping out of the 31-03 37th Ave. building.
2027: Expected completion of the 37-04 34th St. building.
Fall 2027: Expected completion of the 36-31 31st St. building.
Winter 2027: Expected completion of the 31-03 37th Ave. building.
First half 2028: Expected completion of the 32-16 38th Ave. and 38-12 33rd St. buildings.

Market Landscape

These projects represent a major uptick in development intensity allowed under the New York City Zoning Resolution, marking a departure from Astoria's historical low-rise residential character. This construction spree positions developers to capture significant market share in an increasingly dense urban landscape.

These projects will significantly increase the volume of available housing units in Astoria, potentially expanding options for local renters and buyers. Residents in the immediate vicinity of these sites should anticipate ongoing construction activity, including site demolition and noise, through at least early 2028.

The takeaway

Astoria is currently undergoing a rapid transformation as developers utilize new financing to build dense residential towers. Residents should stay informed about local construction timelines to anticipate neighborhood changes and potential impacts on housing availability.