FSA Capital

FSA Capital NYC portfolio

$74 million* – condo 43.0%, development 28.0%; Queens 64.0%, Brooklyn 35.0%

1443th largest portfolio by dollar value

57,106 sqft – mixed-use 45%, condo 30%;

2675th largest by SF

25 properties – Queens 84%, Brooklyn 16%

386th largest

2,437 residential units – Queens 99%, Manhattan 0%

84th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $2.3 million

Borrower company: 1 for $15 million

Top Ten Associated Companies:

Wilson Ko (2), BCB Community Bank (1), Li Shao (1), Preferred Bank (1), Bank of Hope (1), Global Bank (1), MidFirst Bank (1), Shaw Wei Zhang (1), Jenny Lee (1), Li Hong Huang (1)

Top Ten Associated People:

Angeles Desantis (1), Li Shao (1), Sylvia Tseng (1), Wilson Ko (1), Kevin Yu (1), James Lim (1), Shaw Wei Zhang (1), Jenny Lee (1), Li Hong Huang (1)

Recent activity as company:

• Shaw Wei Zhang and Jenny Lee sold 1811 66th Street, Bensonhurst, Brooklyn for $2.3 million to FSA Capital on September 12, 2023.

FSA Capital and Alan Yao borrowed $15 million from MidFirst Bank for 6523 18th Avenue and 6519 18th Avenue, Bensonhurst, Brooklyn on April 06, 2023.

FSA Capital borrowed $5.6 million from Preferred Bank for 36-36 Main Street, 36-36 Main Street, 36-32 Main Street, and 36-32 Main Street, Flushing, Queens on January 10, 2023.

FSA Capital borrowed $6.6 million from Global Bank for 36-27/51 College Point Blvd and 133-17 37th Avenue, Flushing, Queens on November 04, 2022.

Wilson Ko sold 36-27/51 College Point Blvd and 133-17 37th Avenue, Flushing, Queens for $14.2 million to FSA Capital on November 04, 2022.

FSA Capital borrowed $10.7 million from Bank of Hope for 23-15 44th Drive, 23-15 44th Drive, 23-15 44th Drive, 23-15 44th Drive, 23-15 44th Drive, and others, Long Island City, Queens on October 06, 2022.

FSA Capital borrowed $1.2 million from BCB Community Bank for 6517 18th Avenue, Bensonhurst, Brooklyn on June 09, 2022.

Li Shao sold 6517 18th Avenue, Bensonhurst, Brooklyn for $2.6 million to FSA Capital on June 09, 2022.

FSA Capital sold 5603 8th Avenue, Sunset Park, Brooklyn for $4.6 million to Li Hong Huang on February 15, 2022.

Wilson Ko sold 36-35 College Point Blvd, 133-17 37th Avenue, Flushing, Queens for $2.8 million to FSA Capital on May 08, 2020.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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