United Construction & Development files plans for 387-unit project in LIC
23-07 43rd Avenue (Credit - Gary Edward Handel architect via DOB)
Jiashu Xu’s United Construction & Development Group through the entity Grand Construction and Development submitted a new building construction project for a 387-unit, 268,204 square-foot residential (R-2) building at 23-07 43rd Avenue in Long Island City, Queens. The plan was filed with the New York City Department of Buildings on August 12, 2025 under job number Q01263805. It calls for the construction of a 39-story building. The architect is Handel Architects. William Xu, a vice president at United Construction & Development Group, filed the plans.
This property was sold by Fisher Brothers and Hakim Organization for $57.5 million to United Construction & Development Group on February 22, 2024.
The project calls for a pool, sauna and steam room on the lower level, a 1,774-square-foot retail space on the first floor, 98 parking spots on the first and second floors, and co-working and amenity space on the second and third floors. The plans call for between six and 11 apartments on floors four through 38. There is a roof terrace and “galleria lounge” on the 39th floor.
ZD1 DOB Zoning Diagram_23-07 43rd Avenue
This new project comes approximately a week after United Construction & Development Group filed plans for more than 600 units in a two-tower project in Rego Park, under job number Q01025398.
| wdt_ID | wdt_created_by | wdt_created_at | wdt_last_edited_by | wdt_last_edited_at | floor | comment | description | persons_permitted | occupancy_label | zoning_use | dwelling_units |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | Cellar | (NORTH SIDE) AMENITY SWIMMING POOL AND POOL DECK | Apartment | 25 | Residential | ||
| 2 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | Cellar | (NORTH SIDE) AMENITY - SAUNA | Apartment | 7 | Residential | ||
| 3 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | Cellar | (NORTH SIDE) AMENITY - STEAM ROOM | Apartment | 7 | Residential | ||
| 4 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | Cellar | (NORTH SIDE) MECHANICAL ROOM | Mechanical and/or electrical equipment room | 2 | Factory and Industrial | ||
| 5 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | Cellar | (SOUTH SIDE) DOMESTIC PUMP ROOMS, ELECTRICAL ROOMS, STORM DETENTION TANK, STORM PUMP ROOM, FIRE PUMP ROOM, GAS METER ROOM, TELECOM ROOM, | Mechanical and/or electrical equipment room | 15 | Factory and Industrial | ||
| 6 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | Cellar | (SOUTH SIDE) STORAGE ROOM | Storage of non combustible Materials | 1 | Storage | ||
| 7 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 1 | PACAKAGE ROOM | Apartment | 3 | Residential | ||
| 8 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 1 | TRASH COMPACTOR ROOM | Storage of non combustible Materials | 0 | Storage | ||
| 9 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 1 | RETAIL | Retail Sale | 30 | Mercantile | ||
| 10 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 1 | LOBBY, MAILROOM | Apartment | 0 | Residential | ||
| 11 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 1 | BICYCLE ROOM 216 BIKE SPACES PROVIDED IN 1822 SF ROOM | Apartment | 10 | Residential | ||
| 12 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 1 | MECHANICAL ROOMS | Mechanical and/or electrical equipment room | 2 | Factory and Industrial | ||
| 13 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 1 | ATTENDED PARKING (35) SPACES | Parking Garage | 31 | Storage | ||
| 14 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 2 | AMENITY SPACES (CO-WORKING AREA, READING ROOM, LAUNDRY ROOM) | Apartment | 27 | Residential | ||
| 15 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 2 | ATTENDED PARKING (63) SPACES | Parking Garage | 55 | Storage | ||
| 16 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 2 | POOL MECHANICAL ROOM, ELECTRICAL ROOM | Mechanical and/or electrical equipment room | 4 | Factory and Industrial | ||
| 17 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 3 | AMENITY ROOF TERRACE (PASSIVE RECREATION @ 200SF) | Apartment | 24 | Residential | ||
| 18 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 3 | MANAGEMENT OFFICE | Apartment | 8 | Residential | ||
| 19 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 3 | AMENITY SPACES (FITNESS ROOM, KID PLAYROOM, COWORKING SPACE, PARTY ROOM, EVENT SPACE, GAME ROOM) | Apartment | 176 | Residential | ||
| 20 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 4 | (7) CLASS A APARTMENTS | Apartment | 0 | Residential | 7 | |
| 21 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 4 | MEHCANICAL ROOM WITH CATWALK | Mechanical and/or electrical equipment room | 8 | Factory and Industrial | ||
| 22 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 5 | (7) CLASS A APARTMENTS | Apartment | 0 | Residential | 7 | |
| 23 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 5 | MECHANICAL CATWALK | Mechanical and/or electrical equipment room | 2 | Factory and Industrial | ||
| 24 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 6 | MECHANICAL ROOMS | Mechanical and/or electrical equipment room | 2 | Factory and Industrial | ||
| 25 | acris | 08/14/2025 06:37 AM | acris | 08/14/2025 06:37 AM | 6 | (19) CLASS A APARTMENTS | Apartment | 0 | Residential | 19 |
The property
The parcel has two buildings with frontage of 186 feet and is 179 feet deep with a total lot size of 33,950 square feet. The zoning is M1-5/R9 which allows for up to 5 times floor area ratio (FAR) for manufacturing and up to 7.52 times FAR for residential with inclusionary housing. The city-designated market value for the property in 2022 is $5.9 million. The most recent loan totaled $38.2 million and was provided by Maxim Capital Group on February 22, 2024.
Development
In a previous plan, Fisher Brothers submitted a new building construction project for a 240-unit, 245,887 square-foot residential (R-2) building at 42-50 24th Street in Long Island City, Queens. The plan was filed with the New York City Department of Buildings on October 18, 2019 under job number 420666363. It called for the construction of a 35-story building. That plan was abandoned.
Violations and lawsuits
According to city public data, the property has received $600 in OATH penalties in the last year.
There were no lawsuits or bankruptcies filed against the property for the past 24 months.
The neighborhood
In Long Island City, The bulk, or 32 percent of the 60.1 million square feet of commercial built space are industrial buildings, with elevator buildings next occupying 31 percent of the space. In sales, Long Island City has near average sales volume among other neighborhoods with $1 billion in sales volume in the last two years and is the highest in Queens. For development, Long Island City is the 9th most active neighborhood among other neighborhoods. It had 5.3 million square feet of commercial and multi-family construction under development in the last two years, which represents 9 percent of the neighborhood’s built space.
The block
On this tax block, PincusCo has identified the owners of three of the six commercial properties representing 3,000 square feet of the 3,000 square feet. The two identified owners are United Construction & Development Group and Werwaiss Properties. On the tax block, there were four new building construction projects totaling 677,238 square feet. The largest is a 387-unit, 268,204 square-foot residential (R-2) building submitted by William Xu with plans filed August 12, 2025 and it has not been permitted yet. The second largest is a 240-unit, 245,887 square-foot residential (R-2) building submitted by Fisher Brothers and filed by Alex Adams with plans filed October 18, 2019 and permitted November 4, 2020.
The owner
The PincusCo database currently indicates that United Construction & Development Group owned at least 21 commercial properties with 422 residential units in New York City with 1,277,240 square feet and a city-determined market value of $139.3 million. (Market value is typically about 50% of actual value.) The portfolio has $821.9 million in debt, with top three lenders as Bank of China, New Era Life Insurance Company, and Centennial Bank respectively. Within the portfolio, the bulk, or 33 percent of the 1,277,240 square feet of built space are O8 properties, with elevator properties next occupying 24 percent of the space. The bulk, or 94 percent of the built space, is in Queens, with Brooklyn next at 6 percent of the space.
The surrounding
Within a 400-foot radius of 42-63 23 Street, PincusCo identified two commercial real estate items of interests occurred over the past 24 months. Of those two items, two were loans above $5 million totaling $407.6 million. The most recent of the two was Carlyle Group and Stonehenge NYC in which borrowed $158.2 million from Natixis secured by the 390,824-square-foot, 392-unit rental (D6) on 23-01 42nd Road on June 20, 2025.
Direct link to the property’s ACRIS page and link to DOB NOW portal.