Amerasia Bank
Lender
People:
Amerasia Bank NYC portfolio
$12.9 million -retail 41%, office 37%, industrial 21%; Queens 58%, Brooklyn 41%*
4453th largest portfolio by dollar value
21,450 sqft – office 73%, retail 26%; Queens 73%, Brooklyn 26%
5010th largest by SF
7 properties – Queens 85%, Brooklyn 14%
1698th largest
6 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 2 for $11.9 million
Seller company: 1 for $6.9 million
Lender company: 16 for $144.3 million
Top Ten Associated Companies:
Top Ten Associated People:
Jia He Chen (1)
Recent activity as company:
• Peter Mosconi and Peter Christopher Mosconi borrowed $5 million from Amerasia Bank for None on June 30, 2026.
• Kin Chau Cheng borrowed $6.3 million from Amerasia Bank for 4224 2 Avenue on June 30, 2026.
• Sunlight Development borrowed $20 million from Amerasia Bank for 138-32 Northern Blvd, 138-18 Northern Blvd, and 138-18 Northern Blvd, Flushing, Queens on June 17, 2026.
• Yanghua Su borrowed $9.8 million from East West Bank for 39-06 108th St, 39-06 108th St, 39-06 108th St, 39-06 108th St, 39-06 108th St, 39-06 108th St, 39-06 108th St, 39-06 108th St, 39-06 108th St, 39-06 108th St, 39-06 108th St, 39-06 108th St, 39-06 108th St, 39-06 108th St, 39-06 108th St, 39-06 108th St, 39-06 108th St, 39-06 108th St, 39-06 108th St, 39-06 108th St, and others, North Corona, Queens on May 01, 2026.
• Palwinder Singh borrowed $8.8 million from Amerasia Bank for 177-06 87 Drive on April 28, 2026.
• Sunlight Development and B Square Realty borrowed $13.5 million from Amerasia Bank for 133-47 39 Avenue on April 23, 2026.
• Lee Fung Fong and Henry Zheng borrowed $17 million from Amerasia Bank for None on February 27, 2026.
• Moshe Ben Saul borrowed $6.2 million from Amerasia Bank for 109-21 Horace Harding Expressway on December 09, 2025.
• Cun Long Chen borrowed $45 million from Ponce Bank for 136-30 37 Avenue on September 30, 2025.
• Vision Enterprises Management sold 214-01 Northern Boulevard for $6.5 million to Amerasia Bank on September 30, 2025.
Latest Stories:
• Lee Fung Fong, Henry Zheng pay $27.2M for Senton Hotel in NoMad (March 10, 2026)
• Amerasia Bank pays $6.5M to buy its headquarters in Bayside (October 15, 2025)
• Palwinder Singh pays $3.6M for 36-unit dev site in Jamaica Estates (August 31, 2025)
• Sherajul Islam pays $10.5M for 31-unit rental in Jamaica (April 30, 2025)
• Ramji Dass pays $6.1M to Mark Shakarov for new 8-unit rental in Astoria (April 25, 2025)
• Sunlight Development pays $9.8M for mid-construction project in Sunset Park (September 03, 2024)
Court Records:
Properties: