Ping Yeung

Owner

Ping Yeung portfolio

$63.4 million* – condo 69.0%, industrial 15.0%; Queens 100.0%, Manhattan 0.0%

810th largest portfolio by dollar value

455,026 sqft – condo 47.0%, industrial 26.0%;

658th largest by SF

20 properties – Queens 100%, Manhattan 0%

461th largest

Person Activity past 24 months:

Borrower signatory: 1 for $33.5 million

Top Ten Associated Companies:

First Commercial Bank (2), Flushing Bank (1), Cathay Bank (1)

Top Ten Associated People:

Jerry Kwok (1), Ching Fang Lio (1), Xiaojing Wang (1), Ching Fang Liao (1)

Recent activity as company:

Ping Yeung and Qiu Hui Lin borrowed $33.5 million from Cathay Bank for 36-03 Prince Street, 36-18 Main Sreet, 36-07 Prince Street, 36-16 Main Street, 36-20 Main Street, and others, Flushing, Queens on July 18, 2023.

United Construction & Development Group and Ping Yeung borrowed $20 million from First Commercial Bank for 140-35 Queens Boulevard, 140-35 Queens Boulevard, and 140-35 Queens Boulevard, Jamaica, Queens on May 20, 2022.

Ping Yeung borrowed $20 million from Flushing Bank for 51-01 Grand Avenue, Maspeth, Queens on May 03, 2022.

Ping Yeung borrowed $14.9 million from First Commercial Bank for 140-35 Queens Boulevard, Jamaica, Queens on November 09, 2021.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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