Ping Cheung
Owner
Ping Cheung portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$9.3 million – elevator 38%, walkup 36%; Manhattan 61%, Brooklyn 38%
2750th largest portfolio by dollar value
34,818 sqft – elevator 58%, walkup 24%;
3369th largest by SF
3 properties – Manhattan 66%, Brooklyn 33%
155th largest
28 residential units – Brooklyn 75%, Manhattan 25%
770th largest by residential units
2 foreclosures, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 1 for $8.5 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Preferred Bank (1), Greystone & Co. (1)
Top Ten Associated People:
Sylvia Tseng (1), Laura R. Caldwell (1)
Recent activity as signatory:
• Ping Cheung borrowed $8.5 million from Greystone & Co. for 260 Flatbush Avenue, Park Slope, Brooklyn on January 02, 2025.
• Ping Cheung borrowed $9 million from Preferred Bank for 174 Bowery, Nolita, Manhattan on March 28, 2022.
Litigation: