Amerasia Bank
Lender
People:
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Chi-Jen Hsu Vice President Office: +1 718-463-3600
Jimmy Tsai Coo
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Amerasia Bank NYC portfolio
$12.9 million -retail 41%, office 37%, industrial 21%; Queens 58%, Brooklyn 41%*
4320th largest portfolio by dollar value
21,450 sqft – office 73%, retail 26%; Queens 73%, Brooklyn 26%
4896th largest by SF
7 properties – Queens 85%, Brooklyn 14%
1600th 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: 13 for $113 million
Top Ten Associated Companies:
Top Ten Associated People:
Jia He Chen (1)
Recent activity as company:
• 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.
• Amerasia Bank sold 134-38 35th Avenue, 134-38 35th Avenue, 134-38 35th Avenue, 134-38 35th Avenue, 134-38 35th Avenue, and others, Flushing, Queens for $6.9 million to Sunlight Development on September 29, 2025.
• FSA Capital borrowed $5.6 million from Amerasia Bank for 2-24 51 Avenue on September 05, 2025.
• Mei Ping Matsumura borrowed $6 million from Amerasia Bank for 35-36 Farrington Street on August 26, 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:
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• Ping Cheung and Kevin Ye filed a $500,000 lawsuit 654118/2025 against Global Bank and Amerasia Bank on July 09, 2025, seeking a money judgment related to loan at 43 Mott Street.
• Amerasia Bank filed a $2.5 million pre-foreclosure 712770/2021 on June 04, 2021, against Farina YinFun Wang, Maria Yeung, Jackie Wu at 87-81 Parsons Boulevard, 87-85 Parsons Boulevard and 87-77 Parsons Boulevard.
• Amerasia Bank filed a $2.5 million pre-foreclosure on May 28, 2021, against Farina YinFun Wang, Maria Yeung and Jackie Wu at 87-85 Parsons Boulevard.
• Amerasia Bank filed a $2.5 million pre-foreclosure on May 28, 2021, against Farina YinFun Wang, Maria Yeung and Jackie Wu at 87-81 Parsons Boulevard.
• Amerasia Bank filed a $2.5 million pre-foreclosure on May 28, 2021, against Farina YinFun Wang, Maria Yeung and Jackie Wu at 87-77 Parsons Boulevard.
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Properties:
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• Retail building on 2147 86 street, bensonhurst, brooklyn (3063470059)
• Office building on 214-01 northern boulevard, bayside, queens (4063000001)
• Industrial building on 43-27 214 place, bayside, queens (4063010006)
• Industrial building on 43-23 214 place, bayside, queens (4063010008)
• Industrial building on 43-21 214 place, bayside, queens (4063010009)
• Industrial building on 43-19 214 place, bayside, queens (4063010010)
• Industrial building on 43-17 214 place, bayside, queens (4063010011)
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