Grand Two at Sky View Parc

131-03 40th Road, Flushing, Queens
Sold Out
131-03 40th Road

Amenities

  • Basketball Court
  • Fitness Facility
  • Garage
  • Garden
  • Health Club
  • Outdoor Parking
  • Playroom
  • Pool
  • Roof Deck
  • Sauna
  • Spa Services
  • Steam Room
  • Valet Service

Overview

Located in the prime location of Downtown Flushing, Sky View Parc is one of the largest mixed-use developments in New York City offering a new and unique investment opportunity. Due to the overwhelming success of Phase I, Onex Real Estate Partners is proud to present Grand Two, the second of three new luxury condominium towers to be built as part of Phase II. Grand Two will join the 14 acres, a million square foot development and will comprise: – 258 luxury condominium units ranging in size from spacious studios to three bedroom residences – Stylishly furnished lobby with designer furniture – The Shops at Sky View Center, a 785,000 square foot, multl-level retail space, housing popular retailers including a new Nordstrom Rack, Target, Bed, Bath & Beyond, Best Buy, Nike, Forever 21, Grandma’a Dim Sum, Little Lamb Hot Pot, BJ’s, Wholesale Club and Sky Foods – a 33,000 squarefoot Asian supermarket – Four-acre landscaped rooftop garden equipped with first-class amenities and a new rooftop swimming pool – Exclusive new amenity club and spa for The Grand residents – 2,400 retail parking spaces offering private and residential valet service The Amenities include: – 24-hour staffed Lobby and Concierge – Private residential valet parking – 4-acre rooftop garden – Rooftop swimming pool – Children’s playground – Putting green – Dog run – Gas-fired barbecue grills – State of the art health club – Two tennis courts – Basketball court – Running track
Located in the prime location of Downtown Flushing, Sky View Parc is one of the largest mixed-use developments in New York City offering a new and unique investment opportunity. Due to the overwhelming success of Phase I, Onex Real Estate Partners is proud to present Grand Two, the second of three new luxury condominium towers to be built as part of Phase II. Grand Two will join the 14 acres, a million square foot development and will comprise: – 258 luxury condominium units ranging in size from spacious studios to three bedroom residences – Stylishly furnished lobby with designer furniture – The Shops at Sky View Center, a 785,000 square foot, multl-level retail space, housing popular retailers including a new Nordstrom Rack, Target, Bed, Bath & Beyond, Best Buy, Nike, Forever 21, Grandma’a Dim Sum, Little Lamb Hot Pot, BJ’s, Wholesale Club and Sky Foods – a 33,000 squarefoot Asian supermarket – Four-acre landscaped rooftop garden equipped with first-class amenities and a new rooftop swimming pool – Exclusive new amenity club and spa for The Grand residents – 2,400 retail parking spaces offering private and residential valet service The Amenities include: – 24-hour staffed Lobby and Concierge – Private residential valet parking – 4-acre rooftop garden – Rooftop swimming pool – Children’s playground – Putting green – Dog run – Gas-fired barbecue grills – State of the art health club – Two tennis courts – Basketball court – Running track

Status

Sold Out

Flushing Neighborhood


Little did the Quakers know when they demanded freedom of religion in the Flushing Remonstrance of 1657, that the neighborhood would one day become a case study in coexisting diversity. Today, Flushing has the largest Chinatown in New York City, in addition to scores of immigrants from all over the globe. The organizers of the 1939 and 1964 World’s Fairs that were held in Flushing couldn’t have picked a better location in NYC for a celebration of the world’s nationalities. More so than any other neighborhood in the city, Flushing is a microcosm of New York as a whole and the characteristics and concerns of the area mirror that of the larger city. Much like skyscraper Manhattan vs. the outer boroughs, Flushing’s downtown has a high-rise center with residential edges. Foreign investors, especially from Asia, are buying up property just like they are in Manhattan. Flushing has its own sprawling parks, including gigantic Flushing Meadows – Corona Park, where the lakes and walkways are given an off-kilter touch by space-age sculptural art. Flushing is like an archaeological dig site with multiple levels of history exposed at once; colonial farmhouses, 1960s visions of the future, and recent ideas about urban development are all fighting for their place. Religious and ethnic diversity abounds and the combination of booming investment and immigration has led to a proliferation of both specialty boutiques and chain stores. The only missing element in Flushing is adequate subway access. The 7 train makes a scant two stops on the western side of the neighborhood, but the slack is picked up by the Long Island Rail Road and the metro bus system. In the realm of real estate, Flushing has a healthy share of historical houses from the colonial era and beyond – as long as some landmarking regulations kick in to save what’s left. For new development, multi-use is the key word in Flushing, where developers are hailed/hated and don’t appear to be slowing down for any community group or anti-development blog. Co-ops and luxury condos with retail space on the ground floor seem to be the most common model, but residents are calling for inclusion of more affordable housing and community resources in new buildings. For these reasons, zoning issues are causing major tension in Flushing. The out-of-control real estate development in Flushing has led to concerns about affordable housing, landmarking, and future use of industrial areas. There are demands for down-zoning to preserve residential neighborhoods, up-zoning to allow for necessary high-density housing, rezoning for commercial uses, you name it. In this wild market, average home prices are difficult to pin down, though single family homes often go for more than $800K. Renting a studio cost a median price of $1100/mo and a 1Br is $1200/mo.
Little did the Quakers know when they demanded freedom of religion in the Flushing Remonstrance of 1657, that the neighborhood would one day become a case study in coexisting diversity. Today, Flushing has the largest Chinatown in New York City, in addition to scores of immigrants from all over the globe. The organizers of the 1939 and 1964 World’s Fairs that were held in Flushing couldn’t have picked a better location in NYC for a celebration of the world’s nationalities. More so than any other neighborhood in the city, Flushing is a microcosm of New York as a whole and the characteristics and concerns of the area mirror that of the larger city. Much like skyscraper Manhattan vs. the outer boroughs, Flushing’s downtown has a high-rise center with residential edges. Foreign investors, especially from Asia, are buying up property just like they are in Manhattan. Flushing has its own sprawling parks, including gigantic Flushing Meadows – Corona Park, where the lakes and walkways are given an off-kilter touch by space-age sculptural art. Flushing is like an archaeological dig site with multiple levels of history exposed at once; colonial farmhouses, 1960s visions of the future, and recent ideas about urban development are all fighting for their place. Religious and ethnic diversity abounds and the combination of booming investment and immigration has led to a proliferation of both specialty boutiques and chain stores. The only missing element in Flushing is adequate subway access. The 7 train makes a scant two stops on the western side of the neighborhood, but the slack is picked up by the Long Island Rail Road and the metro bus system. In the realm of real estate, Flushing has a healthy share of historical houses from the colonial era and beyond – as long as some landmarking regulations kick in to save what’s left. For new development, multi-use is the key word in Flushing, where developers are hailed/hated and don’t appear to be slowing down for any community group or anti-development blog. Co-ops and luxury condos with retail space on the ground floor seem to be the most common model, but residents are calling for inclusion of more affordable housing and community resources in new buildings. For these reasons, zoning issues are causing major tension in Flushing. The out-of-control real estate development in Flushing has led to concerns about affordable housing, landmarking, and future use of industrial areas. There are demands for down-zoning to preserve residential neighborhoods, up-zoning to allow for necessary high-density housing, rezoning for commercial uses, you name it. In this wild market, average home prices are difficult to pin down, though single family homes often go for more than $800K. Renting a studio cost a median price of $1100/mo and a 1Br is $1200/mo.