Rose partnered with O’Connor Capital to turn a former brownfield site into a new 188-unit rental building in a burgeoning Long Island City neighborhood. The building also features 1,150 square feet of retail. Rose’s team re-engineered the original unit layout and mix to generate a higher per-square-foot value and increase the debt and third-party equity available for the project.
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5-11 47th Ave, Long Island City, NY 11101
|Neighborhood:||Long Island City|
|Number of Units:||188|
Advisory & Pre-Development
Leasing & Sales
Energy and Technical Services
Property Management Operations
Located at 5-11 47th Avenue in Long Island City, The Maximilian is a newly constructed 12-story full-service luxury rental property comprised of 188 units in studio, one-, and two-bedroom layouts. The property offers top-notch amenities including a landscaped roof deck with barbecue areas and an outdoor theater, an indoor lounge with leather club furniture and a billiards room, a state-of-the-art fitness center, bicycle storage and much more. Our units feature polished hardwood floors, modern kitchens with GE stainless steel appliances and Italian-made cabinetry. Many units have terraces with views of the East River and the Manhattan skyline.