Chung Lam

Owner

Chung Lam portfolio

$3.7 million* – industrial 72%, development 27%; Queens 100%, Manhattan 0%

4367th largest portfolio by dollar value

23,095 sqft – industrial 100%, development 0%;

3988th largest by SF

2 properties – Queens 100%, Manhattan 0%

3649th largest

80 residential units – Queens 100%, Manhattan 0%

1649th largest by residential units

4 foreclosures, 0 bankruptcies, 4 other court cases.

Person Activity past 24 months:

Borrower signatory: 1 for $21.4 million

Developer (new building or major alteration): 3.0 for 19,057 square feet

Top Ten Associated Companies:

Popular Bank (1), Xiaojun Pan (1), Man Lam (1)

Top Ten Associated People:

Travis Schelhorn (1), Xiaojun Pan (1), Man Lam (1)

Recent activity as company:

Chung Lam borrowed $21.4 million from Man Lam for 148-18 Hillside Avenue, Jamaica, Queens on January 17, 2025.

Chung Lam filed plans for new building for 14,817 sqft in Borough Park, Brooklyn, on July 24, 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.

Court Records:

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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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