31-16 23 Avenue

Owner: Raymond Chan

Acquired: July 15, 2024, $2 million

Debt: June 08, 2026, $18.8 million

Built: 0

SF: 0

Dwelling units: 0

No. of buildings: 3

Class: Not Zoned Residential or Manhattan Below 110 St (V1)

Legacy BBLs: 4008350119.00000000

Transactions:

• Raymond Chan, Robert Huang and Moon Free Lee borrowed $18.8 million from Ponce Bank for 31-12 23rd Avenue, Ditmars Steinway, Queens on June 08, 2026.

• Societa Fraterna Accetturese San Guiliano di Mutuo Soccorso sold 31-16 23rd Avenue, Ditmars Steinway, Queens for $2 million to Raymond Chan on July 15, 2024.

Development:

• Robert Shengchu Huang filed new building job Q01112550 for 31,148 sqft R-2 building with 28 apartments in Ditmars Steinway, Queens, on September 23, 2024.

• Robert Shengchu Huang filed alteration job Q01267005 for 34,570 sqft R-2 building with 29 apartments in Ditmars Steinway, Queens, on August 22, 2025.

• Robert Shengchu Huang filed alteration job Q01267010 for 34,750 sqft R-2 building with 29 apartments in Ditmars Steinway, Queens, on August 22, 2025.

• Prabhjit Singh filed alteration job Q01161987 for 1,120 sqft building with 4 apartments in Ditmars Steinway, Queens, on January 27, 2025.

• Robert Shengchu Huang filed alteration job Q01097551 for 3,600 sqft building with 0 apartments in Ditmars Steinway, Queens, on August 26, 2024.