According to the U.S. Census Bureau, Queens reported a new record population of 2,405,464 people, second of the NYC boroughs only to Brooklyn, and enough people to be the country’s fourth-largest city after Chicago and Los Angeles. The growth of Manhattan-adjacent neighborhoods like Long Island City and Astoria is a key factor in the influx, but they are not the only ones attracting new residents: Tangram, a new multi-building development in downtown Flushing, saw Tangram House South, its first of two residential towers, rapidly sell out.
The second tower, Tangram House West, topped out construction in spring 2019 and is gearing up to open this year.
Sales are now underway at Tangram House West from $693,081 for studios, $914,291 for one-bedrooms, and $1,310,348 for two-bedrooms. A three-bedroom, 3.5-bath penthouse measuring 2,156 interior square feet and featuring a 1,123-square-foot terrace with wet bar is also listed for $3,122,915, making it the highest-priced luxury listing in Flushing.
Tangram House West comes in well below the Manhattan's median condo prices, which range from $750K for studios to $4.7 million for three-beds (figures per CityRealty listings), while offering luxe interiors and an extensive amenity package. Additionally, a 13-year 421-A tax abatement is in effect to further bring monthly costs down.
Sales are now underway at Tangram House West from $693,081 for studios, $914,291 for one-bedrooms, and $1,310,348 for two-bedrooms. A three-bedroom, 3.5-bath penthouse measuring 2,156 interior square feet and featuring a 1,123-square-foot terrace with wet bar is also listed for $3,122,915, making it the highest-priced luxury listing in Flushing.
Tangram House West comes in well below the Manhattan's median condo prices, which range from $750K for studios to $4.7 million for three-beds (figures per CityRealty listings), while offering luxe interiors and an extensive amenity package. Additionally, a 13-year 421-A tax abatement is in effect to further bring monthly costs down.
“Today’s buyers are seeking a home with ample space, outdoor access and the finest amenities at their fingertips, while still having the ability to get on a train and be in Manhattan in 20-30 minutes. Brooklyn and Manhattan have set record-setting highs for high-end real estate in the past year – Queens is the next frontier" – Wendy Chang, Director, F&T Group
Tangram House's impressive amenity package includes:
- Doorman and concierge service
- Garden with grills, seating areas, and a Japanese teahouse-inspired Pavilion with lounge and meditation areas
- Tennis courts
- Children's playground
- Outdoor dog run
- 8,000-square-foot health and wellness club with fitness center, lap pool, vitality pool, sauna, and salt room
- Library
- Lounge
- Children's playroom
- Porte-cochere
- Deeded storage units for sale
- Valet or reserved parking spaces for rent
In addition to living near popular Flushing restaurants and the Main Street 7 train, residents of Tangram House West enjoy direct access to the development's new retail offerings. The Regal Cinemas 4DX movie theater is the first new movie theater to open in Flushing in 35 years, and the first 4DX theater in Queens. A 24,000-square-foot food hall and beer garden is home to restaurants like Xiao Long Kan Hot Pot, Meet Fresh, and Ju Qi. At the height of the pandemic, developer F&T Group partnered with charitable organization Asians in America to deliver meals from the restaurants at the food hall, as well as from its other food tenants, to first responders. Additional retail tenants include Goldfish Swim School, Funzy Play, Queens Baby Store, Muze Salon, and OrangeTheory Fitness.
Another key component of Tangram is Renaissance New York Flushing Hotel, the brand’s first in Queens and one of a few four-star hotels in the borough. Opening is estimated for later this spring, and the hotel will offer 208 well-thought guest rooms, a Club Lounge, free shuttle service to LaGuardia Airport, and Prime Met, a rooftop restaurant with a whiskey bar, a sake bar, and a menu described as a "fusion of Asian flavor and western steakhouse."
Another key component of Tangram is Renaissance New York Flushing Hotel, the brand’s first in Queens and one of a few four-star hotels in the borough. Opening is estimated for later this spring, and the hotel will offer 208 well-thought guest rooms, a Club Lounge, free shuttle service to LaGuardia Airport, and Prime Met, a rooftop restaurant with a whiskey bar, a sake bar, and a menu described as a "fusion of Asian flavor and western steakhouse."