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42-05 Parsons Blvd

Overview

Situated in the vibrant Flushing neighborhood of Queens, 42-05 Parsons Boulevard is a contemporary mixed-use condominium building blending residential and office spaces. Its steel-frame construction, complemented by a sleek glass window wall, fosters inviting and modern environments across 14 residential units and 5 office condominiums.


Triangle Equities strategically acquired the non-performing note secured by the property, which was approximately 85% complete at the time. Following a foreclosure process, the firm gained full control of the asset and successfully finalized construction in 2014, transforming it into a fully operational and desirable community anchor.

Location

42-05, Parsons Blvd, Queens, NY

Neighborhood

Flushing

Property Type

Residential Condominiums/Office

Number of Units

14

Completion (Year)

2015

Achievements

14

Residential Condominiums

5

Office Condominiums

30,000

Gross Square Feet

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