466-Unit Long Island City Mixed-Use Tower Hits Investment Sales Market
Simon Development has introduced the sale offering of the Alta+ complex located in the Queens neighborhood of Long Island City at 29-22 Northern Boulevard. The luxury mixed-use rental complex that opened in 2018 hosts 466 residential units that are about 97% occupied and 43,000 square feet of 75% occupied retail space; and has an estimated value of $425 million.
Source: https://therealdeal.com/2022/03/11/simon-development-marketing-425m-queens-tower/