XI ZHAO
Owner
XI ZHAO portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$7.8 million – office 72.0%, development 27.0%; Queens 100.0%, Manhattan 0.0%
3034th largest portfolio by dollar value
32,324 sqft – office 100.0%, None 0.0%;
3477th largest by SF
7 properties – Queens 100%, Manhattan 0%
150th largest
155 residential units – Queens 100.0%, Manhattan 0.0%
643th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 3 for $14.6 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Berkshire Bank (1), S3 Capital (1), Ken Huang (1), Jan Chetnik (1)
Top Ten Associated People:
Valerie Patyka (1), Joshua Crane (1), Ken Huang (1), Jan Chetnik (1)
Recent activity as signatory:
• Xi Zhao borrowed $0 from Ken Huang for 140-44 Sanford Avenue, 140-46 Sanford Avenue, and 140-42 Sanford Avenue, Flushing, Queens on May 10, 2024.
• Xi Zhao borrowed $6.6 million from S3 Capital for 108-17 72nd Avenue, Forest Hills, Queens on May 03, 2024.
• Xi Zhao borrowed $8 million from Berkshire Bank for 133-20 41st Road, Flushing, Queens on March 16, 2023.
• Xi Zhao filed plans for new building for 22,305 sqft in Long Island City, Queens, on December 03, 2020.
• Jan Chetnik sold 42-64 Hunter Street, Long Island City, Queens for $2.5 million to Xi Zhao on July 24, 2020.
• Xi Zhao filed plans for new building for 27,586 sqft in Flushing, Queens, on August 23, 2019.
• Xi Zhao filed plans for new building for 26,896 sqft in Flushing, Queens, on April 02, 2019.
Latest Stories:
• $9.5M note sold on mid-construction, 34-unit project in Flushing May 13, 2024
• Developer Xi Zhao buys parcel one block south of Queens Plaza for $2.6M July 27, 2020
• Xi Dennis Zhao borrows $7.3M from Popular Bank for development in Forest Hills July 13, 2020