Hiwin Group USA
136-33 37th Avenue, 8B Flushing, NY 11354
People:
Hiwin Group USA NYC portfolio
$312.8 million -H2 46%, mixed-use 29%, development 11%; Manhattan 53%, Queens 46%*
775th largest portfolio by dollar value
625,988 sqft – H2 88%, retail 5%, mixed-use 4%; Queens 88%, Manhattan 11%
779th largest by SF
8 properties – Manhattan 87%, Queens 12%
1402th largest
Company Activity past 24 months:
Buyer company: 4 for $87.6 million
Borrower company: 2 for $150 million
Developer (new building or major alteration): 3 for 306,814 square feet
Top Ten Associated Companies:
Cathay Bank (1), Maxim Capital Group (1), Emerald Creek Capital (1)
Top Ten Associated People:
Steven Chen (1), Mark Bahiri (1)
Recent activity as company:
• Hiwin Group USA borrowed $40 million from Cathay Bank for 35 West 14 Street on April 27, 2026.
• 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.
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 files plans for 49 units in Flatiron District, site cost $22.5M (August 26, 2024)
• Heli Song pays $8M to Elysee Investment for 1-story retail in Flatiron District (July 10, 2024)
• Hiwin Group pays $21M for possible dev site in Midtown West (May 28, 2024)
Properties: