ARCFE GROUP 3
8th Ave
I-526s Approved
I-829s Approved
Qualified for TEA
16 Investors
Golden
location
8th Ave
The project is located in a prime location on Eighth Avenue and at the intersection of 56th Street. It was originally a branch of HSBC Bank. The project has a total construction area of 81,000 square feet. The building has 6 floors above ground, with shops on the first floor, 34 office clinics on the second to sixth floors, and 154 parking spaces underground. Clinics, shops, and parking spaces are the scarcest resources on 8th Avenue. Clinic price is $900/SF. The annual rent is expected to be $50$60/SF after 3 years, with a rental return rate of 6% to 7%. Property taxes and management fees for commercial properties are generally borne by the tenants.
WHERE THE STREETS HUM WITH THE RHYTEM OF DIVERSITY
BROOKLYN
Brooklyn, a vibrant borough of New York City, pulsates with an energy uniquely its own. From the bustling streets of Williamsburg to the historic brownstones of Park Slope, Brooklyn embodies a rich tapestry of cultures, each contributing to its dynamic atmosphere.
The aroma of diverse cuisines wafts through the air, inviting exploration of its eclectic culinary scene. Artistic expression flourishes in its numerous galleries and street murals, while music spills out from bars and venues, filling the air with rhythm and melody. Along the waterfront, the iconic skyline of Manhattan provides a breathtaking backdrop, reminding residents and visitors alike of the city's boundless possibilities.
In Brooklyn, tradition intertwines seamlessly with innovation, creating a vibrant mosaic that reflects the spirit of this ever-evolving urban landscape.
Developer
SOME COMPLETED PROJECTS
DECADES OF HANDS-ON EXPERIENCE
Raymond Chan Architect
Raymond Chan Architect was formed by Mr. Raymond Chan in 2002. He is licensed to practice architecture in New York, New Jersey, Maryland and Pennsylvania.
Over the years, he has built numerous multi‐story and mid‐rise buildings including commercial, residence, mixed‐use, and hotels. Raymond Chan has won many design awards including design of the “China Buddhist Center” to jazzy “Beama Grill” in Manhattan. The commercial projects which have won design awards include “Asia Bank Loan Center”, “Asia Plaza”, “Queens Office Tower” and “New York Eye Center” among many others.
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.
