82-02 45 Avenue

Elmhurst, Queens

Parcel ID (BBL): 4015360201

Acris records

Owner: Xiao Chu Zhou

Acquired: May 16, 2024, $14 million

Debt: May 24, 2024, $9 million

Built: 1954

Renovated: 2018

SF: 16,539

Dwelling units: 0

No. of buildings: 1

Class: One Story Store Building (K1)

Floors: 1

Transactions:

Jian Wu Chen and Xiao Chu Zhou borrowed $9 million from CTBC Bank for 45-01 82nd Street, Elmhurst, Queens on May 24, 2024.

James Kwang Lee sold 45-01 82nd Street, Elmhurst, Queens for $14 million to Xiao Chu Zhou on May 16, 2024.

James Kwang Lee borrowed $6.1 million from PCB Bank for 45-01 82nd Street, Elmhurst, Queens on November 08, 2023.

• Central Penn Capital Management on May 25, 2022 bought a loan with an original principal of $6.1 million from Customers Bank, signed by Robert DeYoung, secured by 82-02 45th Avenue, Elmhurst, Queens, when owned by James Kwang Lee|Soon Lee.

Development:

Jian Chen filed plans for alteration in Elmhurst, Queens, on June 10, 2024.

Jian Chen filed plans for alteration in Elmhurst, Queens, on June 10, 2024.

Jeffrey Wu filed plans for alteration in Elmhurst, Queens, on April 10, 2018.

Jeffrey Wu filed plans for major alteration for 10,000 sqft in Elmhurst, Queens, on January 17, 2018.

• Anh Tran filed plans for alteration in Elmhurst, Queens, on September 13, 2002.

Litigation:

• Noble Group and Central Penn Capital Management filed a $6.1 million pre-foreclosure 712364/2022 on June 13, 2022, against James Kwang Lee and Soon Lee at 45-01 82 Street.

Violations:

According to city public data, the properties have received $10,000 in ECB penalties and $10,000 in OATH penalties in the last year.

Leave a Reply