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DUTCH KILLS PROJECTS
I-956F Receipt Notice received. Investors can immediately file I-526E
LUXURY MIXED-USE BUILDING IN NEW YORK CITY
DUTCH KILLS
ARCFE Group 15 Dutch Kills consists of 2 real estate development projects located in Long Island City (Queens borough, New York City). Group 15 qualified for TEA, putting the investment at $800,000 USD per investor, and met requirements for 10% EB-5 visa set aside. Both developers will provide completion guarantee and personal guarantee to ensure the success of the projects.
The EB-5 fund will be supervised by a third-party company using cutting-edge web3 blockchain technology. Third-party construction engineer company will also be hired to conduct construction inspection and provide progress report for each loan advance requisition. Financial reports will also be provided upon request to investors to ensure transparency in the use of funds.
Project A is a 12 floors mixed-use building, including 190 rental units and 76 parking spaces, located at 29-24 40th Avenue, Long Island City NY 11101. The EB-5 fund serves as senior loan, securing the first priority mortgage on land and building, offering unwavering security for investment. This also means that EB-5 will have the first priority in repayment. The project is expected to be completed in Quarter 1 of 2026. Project A’s developer: SB Development: www.SBDG1OAK.com
Project B is a 9 floors mixed-use building, including 71 residential condominiums and 22 parking spaces, located at 46-30 21st Street, Long Island City NY 11101. The project is expected to be completed in Quarter 2 of 2025. Project B’s developer: Grand Construction: www.THEGRANDCONSTRUCTION.com
PRIME LOCATION WITH HIGH RENTAL DEMAND
LONG ISLAND CITY
The Dutch Kills project locates in Long Island City, NYC’s fastest growing and most centrally located neighborhood and is only 3 subway stops away from Midtown Manhattan. Long Island City is a dining, entertainment, shopping and transportation hub with 8 lines of subway, buses, ferries and more.
Long Island City is a highly sought after area by many young professionals and students from top universities like NYU and Columbia University due to its proximity, amenities and a huge variety of dining, entertainment and shopping options. In recent years, rental prices have consistently surged, making it undoubtedly one of the most secured choices for real estate investment in NYC. Long Island City recently also made it to top 20 “hottest” neighborhood in a study conducted by RentHop.com.
PREMIER DEVELOPER IN THE NYC AREA
Project A: SB DEVELOPMENT
*Payments were divided into 2 wires per investors’ requests.
A premier real estate developer with over 10 years of experience in ground-up residential construction and development in the New York Metropolitan area. The company was formed in 2010 and grew to a full-service development company over the last decade. SBD was founded by real estate developers Roni Benjamini and Joseph Stern whose backgrounds combined engineering, construction, development, acquisitions and finance. Having constructed over 2 million sqft of commercial, alternate-use and residential properties to luxury residential, SBD understands both the complexities of new construction as well as the need to live by a responsive decision-making process.
ARCFE and SBD has previously had a very successful partnership through the One Murray Park (also known as ARCFE GROUP A) project. The building has been completed and went into operation. GROUP A project was approved by USCIS, investors’ I-526s and I-829s have been approved as well, and 100% EB-5 funds have been repaid to eligible investors. https://sbdg1oak.com/
PROJECTS IN THE SAME AREA AS DUTCH KILLS PROJECT A
(Left) RISE LIC:
Average rent for 1B: $4,202/month
100% leased out.
(Right) NOVA:
Average sold price: $1,422/sqft
SOME COMPLETED PROJECTS
Project B: GRAND CONSTRUCTION
Grand Construction & Development is a dynamic, fast-growing company that has been actively involved in real estate development and construction since 2000. Grand Construction & Development has successfully completed the development, construction, and operation of a wide range of projects including residential homes, condominiums, day care, mixed-use retail/office development, hotel, and commercial buildings. Grand Construction & Development handle jobs of any size, whether it is a one-story or multi-story building, residential or commercial building.
SOME COMPLETED PROJECTS
OVER 10 YEARS OF EXPERIENCE
AWARD-WINNING REGIONAL CENTER
ARCFE is an award-winning EB-5 regional center with over 10 years of experience in real estate financing. We were first designated by the USCIS in 2013 and are redesignated under the new law in 2022. Our team consists of professionals in the immigration, real estate and financial industries, including team members who are CFA and CPA.
Our team works diligently to explore opportunities to provide investors with the best EB-5 projects and flexible investment solutions to meet investors’ needs. ARCFE investors who filed concurrently for Adjustment of Status in the U.S. have successfully obtained their EAD card and Advance Parole within just 4-8 months of filing.
Dutch Green is a 12 floors mixed-use building, including 190 rental units and 76 parking spaces, located in the heart of Long Island City – fastest growing and most centrally located neighborhood of New York City. Dutch Green is in close proximity to a vast number of amenities, dining and shopping options as well as transportation, with 8 lines of subway, buses, ferries and more! As a TEA qualified project, the minimum investment for each investor is placed at $800,000, and investors will be eligible to participate in the 10% High Unemployment Set Aside EB-5 visa category. The EB-5 fund serves as senior loan in the Dutch Green project, securing the first priority mortgage on the land and building, offering unwavering security for the investment. The developer also provides Completion Guarantee and Personal Guarantee to ensure the successful completion of the project.
The EB-5 fund will be supervised by a third-party company using cutting-edge web3 blockchain technology. Third-party construction engineer company will also be hired to conduct construction inspection and provide progress report for each loan advance requisition. Audited financial report will also be provided annually to both investors and USCIS to ensure transparency in the use of funds.
CHOOSE THE PLAN THAT’S RIGHT FOR YOU
FLEXIBLE INVESTMENT PLAN
TRADITIONAL
For investors who seek maximum returns the project can offer.
PARTIAL
For investors who want more time to prepare their funds and be fully funded in 12 months.
FINANCING
For investors who seek to have another legal source of funds to use for their EB-5 investment. Provided by a third-party lender.
THE TEAM BEHIND THE LEGAL PACKAGE
LEADING TEAM OF PROFESSIONALS
Economist
(TEA letters & Economic Report)
Baker Tilly US, LLP is an advisory CPA firm, currently ranks among top 10 largest CPA firms in the U.S. The firm has over 6,500 team members across 61 local and 13 overseas offices. Baker Tilly US, LLP is the largest member firm of Baker Tilly International, the world’s 10th largest network of accounting & business services firms.
Securities & Immigration Attorney
Leading full-service law firm in the U.S. with over 400 attorneys and a team of top-notch business professionals, including attorney who’s recognized as Top 25 Immigration Attorney on EB5Investors.com.
Immigration Attorney
Mr. Han Jun Li, Esq. is an immigration attorney with over 10 years of experience in the EB-5 industry. Mr. Li has successfully assist both Regional Centers in their designation and project filings, as well as EB-5 investors from China, Hong Kong, Taiwan, Vietnam and India to file their EB-5 petitions. Up to date, Mr. Li has 100% approval rate on the EB-5 project package he has filed.
Disclaimers:
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GROUP 15 FULL PACKAGE
Conduct your due diligence before investing.