ARCFE Group 11
Pianist
I-526s Approved & Eligible Investors Repaid Under the Old Law.
EAD & AP Approved Under the EB-5 RIA 2022.
Qualified for TEA
Award-Winning
Regional Center
Prime location
PIANIST
Located at 3-11 27th avenue, Astoria, New York City, a prime location just across the river from the Upper East Side. With a total enclosed area of approximately 12,660 square feet, the 7-story residential and commercial mixed-use rental building will include a retail space of 7,988 square feet on the first floor, a doctor’s clinic/community facility of 7,988 square feet on the second floor, and 50 residential units from the 3rd floor up to the 7th floor. The project is expected to be substantially completed by Spring 2022, with the Temporary Certificate of Occupancy (TCO) to be obtained in the Summer of 2022.
Vibrant and unique modern architecture against the backdrop of old-school New York.
ASTORIA
Local artists infuse the neighborhood with a spark of irony without going full hipster while multi-generational families maintain Astoria’s authentic old-school street cred. In Astoria, you don’t sacrifice your nightlife. Close to Midtown Manhattan, the neighborhood is a quick getaway for those who want quality time socializing with friends without the oppressive crowds. From jet skiing in the East River to cozying up on a bench with a friend and your favorite food truck meal, Astoria serves both adventurous and solitary locals alike. This exuberant and inclusive neighborhood boasts views of the city, trendy restaurants, beer gardens, music venues, parks, schools, museums, and its own movie studio. Young professionals enjoy new luxury condos with personal terraces overlooking prewar buildings and single-family brick homes. The mix between new development and historical homes is palpable.
Developer
SOME COMPLETED PROJECTS
PREMIER DEVELOPER IN THE NYC AREA
iX Development
iX Development is a cutting-edge construction development company headquartered in New York City, with years of experience and numerous successful projects in the New York metropolitan area, especially familiar with the real estate market of Long Island City. As of 2022, they have built approximate total of over 1 million sqft.Total development size: 240,000+ Sqft
SOME COMPLETED PROJECTS
DECADES OF HANDS-ON EXPERIENCE
DESIGN ARCHITECT:
Angelo Ng & Anthony Ng Architects Studio
Angelo Ng & Anthony Ng has developed a diversified clientele throughout the New York region. The studio’s staff draws experience from some of the largest and most distinguished architectural offices in the nation. The firm was ranked among the top 5 in Residential Architects in Queens by the Real Deal Magazine and No. 15 in the Top Architecture firm of NYC.
The firm possesses over twenty five years of experience in the Queens residential and commercial marketplace, and has been the architect of record for a variety of multi-family housing types with a construction volume exceeding $100,000,000.00.
NEW EB-5 TEA REQUIREMENTS
The project Location is 3-11 27th Avenue, Astoria, NY 11102, meets the requirements of the new Targeted Employment Area (TEA) under the new EB-5 Immigration Investor Program Modernization Regulations, for the lower investment amount of $900,000.
Who We Are
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.
