Jian Wu Chen
Owner
Jian Wu Chen portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$19.8 million – mixed-use 58%, retail 41%; Queens 100%, Manhattan 0%
1732th largest portfolio by dollar value
52,999 sqft – mixed-use 50%, retail 49%;
2744th largest by SF
3 properties – Queens 100%, Manhattan 0%
154th largest
Person Activity past 24 months:
Buyer signatory: 1 for $6.8 million
Seller signatory: 0 for $0
Borrower signatory: 1 for $9 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
CTBC Bank (2), Ming-Yuan Chen (1), Modell’s Sporting Goods (1)
Top Ten Associated People:
Ming-Yuan Chen (1), Yintung “Tony” Chang (1), Mingdao Li (1), Keyvan Ghaytanchi (1)
Recent activity as signatory:
• Jian Wu Chenand Xiao Chu Zhou borrowed $9 million from CTBC Bank for 45-01 82nd Street, Elmhurst, Queens on May 24, 2024.
• Ming-Yuan Chen sold 36-29 Main St, Flushing, Queens for $6.8 million to Jian Wu Chenand Xiao Chu Zhou on April 12, 2023.
• Jian Wu Chen borrowed $42 million from CTBC Bank for 39-12 Main Street, Flushing, Queens on November 09, 2021.
• Modell’s Sporting Goods sold 39-12 Main Street, Flushing, Queens for $67 million to Jian Wu Chen on November 09, 2021.
Latest Stories:
• Xiao Chu Zhou pays $14M for likely dev site in Elmhurst May 17, 2024
• Jian Wu Chen pays $67M for bankrupt Modell’s retail in Flushing November 10, 2021