Lian Wu Shao
Owner
Lian Wu Shao portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$18.9 million – industrial 51%, retail 29%; Brooklyn 84%, Queens 15%
1783th largest portfolio by dollar value
142,167 sqft – industrial 72%, retail 16%;
1509th largest by SF
11 properties – Brooklyn 90%, Queens 9%
146th largest
Person Activity past 24 months:
Buyer signatory: 2 for $14.7 million
Seller signatory: 1 for $2.5 million
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Lester Weiss (4), Popular Bank (1), Jay Weitzman (1), Yong Luo (1), Yingqiu Luo (1), Bank of America (1), Winmax Realty (1)
Top Ten Associated People:
Lester Weiss (4), Keping Liang (1), Jay Weitzman (1), Yong Luo (1), Yingqiu Luo (1), Kathleen M. Luongo (1), Leing Yan Yee (1)
Recent activity as signatory:
• Bank of America sold 880 Quincy Street, N/A Gates Avenue, N/A Gates Avenue, and 884 Quincy Street, Bedford Stuyvesant, Brooklyn for $5.5 million to Lian Wu Shao on March 22, 2024.
• Lian Wu Shao sold 38-08 Union Street, Flushing, Queens for $2.5 million to Yong Luoand Yingqiu Luo on October 27, 2023.
• Jay Weitzman sold 346 Maujer Street, East Williamsburg, Brooklyn for $9.2 million to Lian Wu Shao on August 31, 2023.
• Lian Wu Shao borrowed $12.4 million from Popular Bank for 419 Vandervoort Avenue, East Williamsburg, Brooklyn on December 21, 2022.
• Lian Wu Shao borrowed $5.1 million from Lester Weiss for 429 Vandervoort Avenue, East Williamsburg, Brooklyn on May 20, 2022.
• Lian Wu Shao borrowed $8.1 million from Lester Weiss for 419 Vandervoort Avenue, East Williamsburg, Brooklyn on May 20, 2022.
• Lester Weiss sold 429 Vandervoort Avenue, East Williamsburg, Brooklyn for $8.5 million to Lian Wu Shao on January 27, 2022.
• Lester Weiss sold 419 Vandervoort Avenue, East Williamsburg, Brooklyn for $13.5 million to Lian Wu Shao on January 27, 2022.
• Winmax Realty sold 1769 84th Street, Bensonhurst, Brooklyn for $3 million to Lian Wu Shao on May 07, 2021.
Latest Stories:
• Lian Wu Shao pays $5.5M for Bed-Stuy bank building unsold for more than 100 years March 25, 2024
• Lian Wu Shao pays $9.2M to Jay Weitzman for industrial in East Williamsburg September 01, 2023
• Meadow Partners signs contract to purchase industrial buildings in East Williamsburg May 05, 2020