Hiwin Group USA
136-33 37th Avenue, 8B Flushing, NY 11354
People:
Hiwin Group USA NYC portfolio
$259.6 million -D6 56%, development 14%, mixed-use 14%; Queens 56%, Manhattan 43%*
795th largest portfolio by dollar value
65,921 sqft – retail 49%, mixed-use 28%, office 22%; Manhattan 100%
2974th largest by SF
7 properties – Manhattan 85%, Queens 14%
1426th largest
162 residential units – Queens 100%
1307th largest by residential units
Company Activity past 24 months:
Buyer company: 7 for $145.3 million
Borrower company: 2 for $125 million
Developer (new building or major alteration): 3 for 306,814 square feet
Top Ten Associated Companies:
Maxim Capital Group (1), Emerald Creek Capital (1)
Top Ten Associated People:
Mark Bahiri (1)
Recent activity as company:
• Hiwin Group USA and McSam Hotel Group borrowed $110 million from Maxim Capital Group for 131-02 40 Road on March 09, 2026.
• Jade Century Properties, Maohua Dong and Yong Qiu sold 131-02 40 Road for $32 million to Hiwin Group USA on October 21, 2025.
• Albert Bialek sold 249 West 34 Street for $6.6 million to Hiwin Group USA on August 15, 2025.
• Hiwin Group USA for Harry Song filed plans for new building for 129,346 sqft in Midtown West, Manhattan, on June 16, 2025.
• Buchbinder & Warren sold 10 West 45 Street for $38.5 million to Hiwin Group USA on March 17, 2025.
• Moinian Group sold 236 West 54 Street for $10.5 million to Hiwin Group USA on October 07, 2024.
• Hiwin Group USA for Harry Song filed plans for new building for 49,568 sqft in Flatiron District, Manhattan, on August 22, 2024.
• Hiwin Group USA for Harry Song filed plans for new building for 127,900 sqft in Sunnyside, Queens, on July 08, 2024.
• Gerald Shallo sold 240 West 54 Street for $21 million to Hiwin Group USA on May 15, 2024.
• Hiwin Group USA borrowed $15 million from Emerald Creek Capital for 117 Cedar Street on March 28, 2024.
Latest Stories:
• Hiwin Group USA pays $32M for under-construction hotel in Flushing (November 17, 2025)
• Hiwin Group USA pays $6.6M to expand Garment District dev site (August 29, 2025)
• Hiwin Group files plans for 125 units in Midtown West at $38.5M dev site (June 20, 2025)
• Hiwin Group pays $10.5M to Moinian Group, expands Midtown West dev site (October 10, 2024)
• Hiwin Group pays $21M for possible dev site in Midtown West (May 28, 2024)
• Hiwin Group USA pays $15M for dev site in Garment District (March 25, 2024)
• Emerald Creek alleges $23.5M Hidrock FiDi loan in maturity default (June 29, 2023)
Properties: