A new luxury penthouse building is coming to Jamaica Estates, further suggesting a change in investors’ attitudes toward the emerging market around the neighborhood.
Great Neck-based TCX Development is constructing the building, which will be located at 177-30 Wexford Terrace, a block away from the F train.
The group is also behind a seven-story rental building with a penthouse, which is being constructed at nearby 190-11 Hillside Ave.
The Wexford Terrace building will feature a rooftop terrace on top of eight stories with studios and one- and two-bedroom apartments. The exterior of the building will boast black brick and white panels.
There will be 68 total apartments, a 9,500-square-foot community facility space for residents and 47 parking spaces.
Prices at the residence building will start at $1,550 per month for studios, $1,750 for one-bedroom apartments and $2,200 for two-bedrooms, according to a representative from the firm.
The top two floors will have 10 penthouse units, which will start at $2,600.