Yung Ching Siu
Owner
Yung Ching Siu portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$13.5 million – elevator 57%, industrial 26%; Queens 57%, Bronx 27%
2211th largest portfolio by dollar value
58,512 sqft – industrial 55%, elevator 40%;
2611th largest by SF
7 properties – Bronx 42%, Brooklyn 42%
150th largest
19 residential units – Queens 89%, Brooklyn 10%
779th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $16 million
Seller signatory: 0 for $0
Borrower signatory: 3 for $35.9 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Axos Bank (2), East West Bank (1), New York Community Bank (1), Beth Siegel (1), Flagstar Bank (1), Constance Tinneny (1), CPIF Lending (1), Salvation Army (1), Asset Realty & Construction Group (1), Philip Vallone (1)
Top Ten Associated People:
Janny Cheung (1), James C. Ricca (1), Beth Siegel (1), Thomas Constantine (1), Constance Tinneny (1), Adolph M. Orlando (1), Dino Tomassetti Jr. (1), Philip Vallone (1)
Recent activity as signatory:
• Yung Ching Siu borrowed $6.7 million from Axos Bank for 349 Weirfield Street, Bushwick, Brooklyn on October 05, 2023.
• Yung Ching Siu borrowed $18.7 million from Axos Bank for 4855 Baldwin Street, None, Bronx on August 14, 2023.
• Criterion Group borrowed $10.5 million from Flagstar Bank for 1066 Zerega Avenue, Unionport, Bronx on May 02, 2023.
• Beth Siegel sold 1066 Zerega Avenue, Unionport, Bronx for $16 million to Criterion Group on May 02, 2023.
• Criterion Group borrowed $10.2 million from New York Community Bank for 4855 Baldwin Street and 4616 Bradley Street, None, Bronx on June 16, 2022.
• Yung Ching Siu borrowed $7.3 million from East West Bank for 28-18 Steinway Street, Astoria, Queens on March 30, 2022.
• Philip Vallone sold 4855 Baldwin Street and 4616 Bradley Street, None, Bronx for $7.2 million to Yung Ching Siu on December 27, 2021.
• Yung Ching Siu borrowed $12.1 million from Columbia Pacific Advisors for 4855 Baldwin Street and 4616 Bradley Street, None, Bronx on December 27, 2021.
• Asset Realty & Construction Group sold 3536 Peartree Avenue, Eastchester, Bronx for $5.8 million to Criterion Group on December 17, 2021.
• Salvation Army sold 1818 Webster Avenue and 4133 Park Avenue, Tremont, Bronx for $5.5 million to Yung Ching Siu on November 26, 2021.
Latest Stories:
• Yung Ching Siu signs $18.7M refi with Axos Bank for industrial in Mt. Vernon August 15, 2023
• Criterion Group pays $16M for industrial in Bronx May 03, 2023
• Criterion Group signs $10.2M refi for two industrial properties in Bronx June 17, 2022
• Yung Ching Siu pays $7.2M to Philip Vallone for Bronx industrial December 28, 2021
• Criterion Group pays $5.8M to Asset Realty for development site in Eastchester December 20, 2021
• Criterion Group pays $6.7M for industrial in Bushwick April 19, 2021