Private Equity Capital Investment

Northern Parc Flushing, NY

An opportunity to invest alongside an experienced NYC developer in an exciting mixed-use development located in the vibrant Northern Blvd Corridor in Flushing, NY.
Invested
Q4 2023
Northern Parc Flushing
Location:
Flushing Queens, NY
Partner:
W&L Development
Completed:
Under Construction
Market:
New York City MSA
Units:
172 (plus 13 retail suites)
Type:
Condominium/Mixed-Use

Scenario

EastAlliance was presented with the opportunity to collaborate with an international bank and an experienced NYC-based developer to design a creative capital structure that will help bring this high-profile project to completion.

Asset

When complete, the Property will be a newly constructed seven‐story steel and poured concrete mixed‐use condominium building consisting of approximately 32,913 SF of retail space, 172 residential units, and 198 parking spaces. The Property will also deliver to its residents approximately 4,867 SF of outdoor recreational space and 1,796 SF of indoor amenity space, along with bicycle storage on each of the residential floors.

Northern Parc Flushing
Northern Parc Flushing

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