The Drake is a 16 story post-war rental on 99th Street in Rego Park, completed in 1960 with 417 apartments. Its name recalls a neighborhood movie theater that opened in 1935 and previously occupied the site.
All apartments open to private outdoor space, a defining element of the residential program. Interiors have contemporary kitchens, while bathrooms are configured with soaking tubs and separate shower stalls.
The doorman attended lobby has a midcentury modern design. Shared amenities include a fitness center, resident lounge, children's playroom, dog run, pet spa, laundry room, and storage areas for bicycles and baby carriages.
Rego Park Center and Queens Center anchor the neighborhood's main shopping corridor. Farther east, Flushing Meadows Corona Park contains the Queens Museum, New York Hall of Science, and USTA Billie Jean King National Tennis Center, with Citi Field adjoining the park.
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Madison Realty Capital, founded in 2004, is a New York City-based real estate investment and lending firm managing roughly $24B in assets. It specializes in financing residential and commercial developments with institutional backing to deliver well-funded rental projects to tenants.
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