Ki Tai Yeung
Owner
Ki Tai Yeung portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$44.6 million – condo 80%, industrial 19%; Queens 80%, Brooklyn 19%
1005th largest portfolio by dollar value
232,754 sqft – condo 68%, industrial 31%;
1050th largest by SF
117 properties – Queens 98%, Brooklyn 1%
53th largest
2,513 residential units – Queens 100%, Manhattan 0%
77th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 1 for $21.4 million
Seller signatory: 1 for $21.4 million
Borrower signatory: 1 for $22 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Cathay Bank (3), Frank Wong (3), Bank of China (1), Ki Tai Yeung (1)
Top Ten Associated People:
Frank Wong (3), Diane Chan (1)
Recent activity as signatory:
• United Construction & Development Groupand Ki Tai Yeung sold 23-15 44th Drive, 23-15 44th Drive, 23-15 44th Drive, 23-15 44th Drive, 23-15 44th Drive, and others, Long Island City, Queens for $21.4 million to Frank Wong on May 30, 2024.
• Frank Wong sold 6201 6th Avenue and N/A 6th Avenue, Sunset Park, Brooklyn for $21.4 million to United Construction & Development Groupand Ki Tai Yeung on May 29, 2024.
• United Construction & Development Groupand Ki Tai Yeung borrowed $22 million from Cathay Bank for 23-15 44th Drive and 23-15 44th Drive, Long Island City, Queens on June 06, 2023.
• Ki Tai Yeung borrowed $50.6 million from Bank of China for 23-15 44th Drive, 23-15 44th Drive, 23-15 44th Drive, 23-15 44th Drive, 23-15 44th Drive, and others, Long Island City, Queens on September 12, 2022.
• Jiashu Xuand Ki Tai Yeungand Frank Wong borrowed $21.4 million from Cathay Bank for 6201 6th Avenue and N/A 6th Avenue, Sunset Park, Brooklyn on June 22, 2022.
• Frank Wong sold 6201 6th Avenue and N/A 6th Avenue, Sunset Park, Brooklyn for $21.4 million to United Construction & Development Groupand Ki Tai Yeung on June 22, 2022.
• Ki Tai Yeung borrowed $15 million from Cathay Bank for 45-11 82nd Street, 45-11 82nd Street, 45-11 82nd Street, 45-11 82nd Street, 45-11 82nd Street, and others, Elmhurst, Queens on October 26, 2020.
• Ki Tai Yeung sold 45-11 82nd Street, 45-11 82nd Street, 45-11 82nd Street, 45-11 82nd Street, 45-11 82nd Street, and others, Elmhurst, Queens for $42.8 million to Ki Tai Yeung on October 26, 2020.
Latest Stories:
• United Construction & Dev, Ki Tai Yeung pay $21.4M for two properties in Sunset Park June 23, 2022
Litigation: