Chung Lam
Owner
46-30 Kissena Blvd, Flushing, NY 11355
Chung Lam portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$3.7 million – industrial 72%, development 27%; Queens 100%, Manhattan 0%
4326th largest portfolio by dollar value
23,095 sqft – industrial 100%, development 0%;
3947th largest by SF
2 properties – Queens 100%, Manhattan 0%
155th largest
80 residential units – Queens 100%, Manhattan 0%
718th largest by residential units
4 foreclosures, 0 bankruptcies, 4 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 2 for 34,817 square feet
Top Ten Associated Companies:
Popular Bank (1), Xiaojun Pan (1)
Top Ten Associated People:
Travis Schelhorn (1), Xiaojun Pan (1)
Recent activity as signatory:
• Chung Lam filed plans for new building for 14,817 sqft in Borough Park, Brooklyn, on July 24, 2023.
• Chung Lam filed plans for major alteration for 20,000 sqft in Flushing, Queens, on February 02, 2023.
• Chung Lam borrowed $21.4 million from Popular Bank for 148-18 Hillside Avenue, Jamaica, Queens on September 16, 2022.
• Chung Lam sold 31-16 Linden Place, College Point, Queens for $7.7 million to Xiaojun Pan on February 09, 2021.
Litigation: