136-78 41 Avenue
Flushing, Queens
Parcel ID (BBL): 4050440044
Owner: Cai Yu Chen
Debt: December 27, 2021, $18 million
Built: 2021
SF: 56,516
Dwelling units: 44
No. of buildings: 1
Class: Semi-Fireproof With Stores (D7)
Floors: 12
Legacy BBLs: 4050440044.00000000
HPD Ownership Registration Information
Last registered: 2025-09-06 (expires 2026-09-01)
Qiong Lin
Head Officer
136-80 41st Ave. 3C Flushing, NY, 11355
Penrose Tower Condominium
Corporate Owner
136-80 41st Ave. Flushing, NY, 11355
Stella Tan
Agent
61-43 186th Street Fresh Meadows, NY, 11365
Stella Tan
Site Manager
Transactions:
• Cai Yu Chen borrowed $18 million from Bank of Hope for 136-78 41st Avenue and 136-82 41st Avenue, Flushing, Queens on December 27, 2021.
Development:
• Cai Yu Chen filed new building job 421580890 for 39,071 sqft R-2 building with 44 apartments in Flushing, Queens, on December 07, 2017.
• Jianzhong Zhan filed alteration job Q01143741 for 70 sqft building with 44 apartments in Flushing, Queens, on November 18, 2024.
• William Xu filed alteration job 440760703 for RES building with 44 apartments in Flushing, Queens, on December 12, 2022.
• William Xu filed alteration job 440760810 for RES building with 44 apartments in Flushing, Queens, on December 12, 2022.
• Mandip Kaur filed alteration job Q00719106 for 8,000 sqft building with 5 apartments in Flushing, Queens, on April 14, 2022.
• Mandip Kaur filed alteration job Q00647072 for 170 sqft building with 5 apartments in Flushing, Queens, on December 15, 2021.
Violations:
According to city public data, the properties have received $6,000 in OATH penalties in the last year.