Cun Long Chen

(Cun Chen)

Developer, Owner

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Cun Long Chen portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$6.1 million – retail 70.0%, V0 29.0%; Queens 100.0%, Manhattan 0.0%

3416th largest portfolio by dollar value

14,781 sqft – retail 81.0%, V0 18.0%;

4631th largest by SF

101 properties – Queens 91%, Brooklyn 8%

65th largest

Person Activity past 24 months:

Buyer signatory: 1 for $37.5 million

Seller signatory: 0 for $0

Borrower signatory: 4 for $51.2 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 5 for 229,276 square feet

Top Ten Associated Companies:

Amerasia Bank (3), Richard Gelman (1), Corey Gelman (1), Cathay Bank (1)

Top Ten Associated People:

Chi-Jen Hsu (2), Richard Gelman (1), Corey Gelman (1)

Recent activity as signatory:

• Cun Chen filed plans for major alteration for 36,063 sqft in Sunset Park, Brooklyn, on December 20, 2024.

• Cun Long Chen borrowed $12.7 million from Cathay Bank for 134-11 Franklin Avenue, Flushing, Queens on December 19, 2024.

• Xin Xiang Linand Cun Long Chen borrowed $5 million from Amerasia Bank for 811 45th Street, 811 45th Street, 811 45th Street, 811 45th Street, 811 45th Street, and others, Sunset Park, Brooklyn on August 13, 2024.

• Cun Chen filed plans for new building for 138,837 sqft in Flushing, Queens, on January 26, 2024.

• Cun Long Chenand Hui Xin Chenand Jin Zhui Chenand Mei Chenand Guo Rong Linand Jian Linand Shu Ming Linand Xiu Min Linand Ying Hua Linand Jian Ping Zheng for Andy Xiao Feng Chen filed plans for major alteration for 25,938 sqft in Sheepshead Bay, Brooklyn, on December 26, 2023.

• Cun Chen filed plans for major alteration for 3,093 sqft in Flushing, Queens, on October 27, 2023.

• Cun Chen filed plans for major alteration for 3,159 sqft in Flushing, Queens, on September 12, 2023.

• Cun Chen filed plans for new building for 48,124 sqft in Flushing, Queens, on August 01, 2023.

• Cun Long Chenand Xin Xiang Lin borrowed $16 million from Amerasia Bank for 136-29 38th Avenue, Flushing, Queens on July 21, 2023.

• Richard Gelmanand Corey Gelman sold 136-29 38th Avenue, Flushing, Queens for $37.5 million to Cun Long Chenand Xin Xiang Lin on July 21, 2023.

Properties:

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