Xin Xiang Lin
Owner
Xin Xiang Lin portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$54 million – D7 61.0%, condo 12.0%; Queens 81.0%, Brooklyn 12.0%
885th largest portfolio by dollar value
297,368 sqft – D7 55.0%, elevator 22.0%;
886th largest by SF
157 properties – Queens 60%, Brooklyn 38%
37th largest
277 residential units – Queens 81.0%, Brooklyn 15.0%
529th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Person Activity past 24 months:
Buyer signatory: 4 for $44.2 million
Seller signatory: 0 for $0
Borrower signatory: 3 for $38.5 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Amerasia Bank (3), Yi Your Li (1), Lai Geng Ng Jr. (1), Tu Jui-Mei Cheng (1), Qin Yun Zheng (1), Richard Gelman (1), Corey Gelman (1), Popular Bank (1)
Top Ten Associated People:
Chi-Jen Hsu (2), Yi Your Li (1), Lai Geng Ng Jr. (1), Tu Jui-Mei Cheng (1), Qin Yun Zheng (1), Richard Gelman (1), Corey Gelman (1)
Recent activity as signatory:
• Xin Xiang Linand Cun Long Chen borrowed $5 million from Amerasia Bank for 811 45th Street, 811 45th Street, 811 45th Street, 811 45th Street, 811 45th Street, and others, Sunset Park, Brooklyn on August 13, 2024.
• Cun Long Chenand Xin Xiang Lin borrowed $16 million from Amerasia Bank for 136-29 38th Avenue, Flushing, Queens on July 21, 2023.
• Richard Gelmanand Corey Gelman sold 136-29 38th Avenue, Flushing, Queens for $37.5 million to Cun Long Chenand Xin Xiang Lin on July 21, 2023.
• Qin Yun Zheng sold 134-17 Franklin Avenue, Flushing, Queens for $2 million to Xin Xiang Lin on March 09, 2023.
• Tu Jui-Mei Cheng sold 134-11 Franklin Avenue, Flushing, Queens for $2.7 million to Xin Xiang Lin on March 09, 2023.
• Lai Geng Ng Jr. sold 134-15 Franklin Avenue, Flushing, Queens for $2 million to Xin Xiang Lin on March 06, 2023.
• Xin Xiang LInand Cun Long Chen borrowed $17.5 million from Amerasia Bank for 70-65 Queens Boulevard, 70-65 Queens Boulevard, 70-65 Queens Boulevard, 70-65 Queens Boulevard, 70-65 Queens Boulevard, and others, Maspeth, Queens on January 17, 2023.
• Yi Your Li sold 119 Ludlow Street, Lower East Side, Manhattan for $3.7 million to Xin Xiang Lin on January 07, 2022.
• Xin Xiang Lin borrowed $19.5 million from Popular Bank for 70-65 Queens Boulevard, Elmhurst, Queens on February 23, 2021.
Latest Stories:
• Cun Long Chen files plans for 91K sf commercial building in Flushing February 15, 2024
• Cun Chen plans 42-unit project in Flushing August 31, 2023
• Xin Xiang Lin pays $4.7M to complete 3-parcel dev site in Flushing March 10, 2023
Litigation: