1CPS Tower

15-story mixed-use condominium building: 99 luxury condo units, 11 commercial units, 311 indoor parking spaces (a rare feature in Downtown Flushing area), ~255,000 sqft building area. Amenities include: 24/7 concierge services, fitness center, rooftop terrace with panoramic views, multi-functional lounge, and dedicated spaces for office work and private gatherings.

AG17 1CPS Tower is positioned within the emerging “Contemporary Flushing” submarket, driven by the westward evolution of the commercial core. Surrounded by major mixed-use developments such as Tangram, Sky View Parc, and One Fulton Square, the project is also well positioned to capture incremental demand generated by the Flushing Waterfront Special District and Willets Point redevelopment initiatives.

EB-5 is structured as a first-lien senior loan, pari passu with the bank. The senior loan is backed by a mortgage on land and building, with first priority in repayment. The bank manages the underwriting process and loan disbursement. Short investment cycle of 3 years. Providing a good job cushion, as the project is expected to generate over 1,000 jobs for 30 investors.