iCross Capital
16 Middle Neck Rd Ste 305, Great Neck, NY, 11021
People:
iCross Capital NYC portfolio
$104.6 million* – elevator 62%, development 31%; Queens 100%, Manhattan 0%
1146th largest portfolio by dollar value
106,710 sqft – elevator 95%, industrial 4%;
1841th largest by SF
5 properties – Queens 100%, Manhattan 0%
1532th largest
193 residential units – Queens 100%, Manhattan 0%
914th largest by residential units
2 foreclosures, 1 bankruptcy, 0 other court cases.
Company Activity past 24 months:
Borrower company: 1 for $25 million
Lender company: 10 for $289.8 million
Top Ten Associated Companies:
SB Development Group (3), Ponce Bank (2), Loketch Group (1), Century Development Group (1), Allan Lebovits (1), Nissin Seliktar (1), United Construction & Development Group (1), Nzdckns LLC (1), Joyland Group (1), Allyson Shepherd (1)
Top Ten Associated People:
Joseph Y. Stern (2), Pinchos C. Loketch (1), George Xu (1), Allan Lebovits (1), Nissin Seliktar (1), Jiashu Xu (1), Joel Wertzberger (1), Luis G. Gonzalez Jr. (1), Allyson Shepherd (1), Ken Huang (1)
Recent activity as company:
• Century Development Group borrowed $10.1 million from iCross Capital for 45-46 21st Street, 45-28 21st Street, 45-36 21st Street, and N/A 46th Avenue, Long Island City, Queens on March 13, 2025.
• Allan Lebovits borrowed $12.6 million from iCross Capital for 817 Classon Avenue, Crown Heights, Brooklyn on January 15, 2025.
• SB Development Group borrowed $83 million from iCross Capital for 29-26 40th Avenue, Long Island City, Queens on August 23, 2024.
• ZD Jasper Realty borrowed $25 million from iCross Capital for 45-40 Vernon Boulevard and 45-28 Vernon Boulevard, Long Island City, Queens on May 06, 2024.
• Ken Huang and Linzhong Zhuo borrowed $12 million from Amerasia Bank for 134-16 35th Avenue, 134-16 35th Avenue, 134-16 35th Avenue, 134-16 35th Avenue, 134-16 35th Avenue, and others, Flushing, Queens on April 26, 2024.
• Joyland Group borrowed $66 million from iCross Capital for 125 3rd Street, Gowanus, Brooklyn on March 05, 2024.
• SB Development Group borrowed $16.7 million from iCross Capital for 29-24 40th Avenue, 29-15 40th Road, and 29-13 40th Road, Long Island City, Queens on November 22, 2023.
• Lions Group borrowed $15 million from iCross Capital for 37-16 Union Street, Flushing, Queens on November 17, 2023.
• iCross Capital borrowed $25 million from Ponce Bank for 27-51 Jackson Avenue, Long Island City, Queens on September 28, 2023.
• Loketch Group borrowed $23.8 million from iCross Capital for 630 Grand Avenue, 399 Prospect Place, and N/A Grand Avenue, Crown Heights, Brooklyn on September 14, 2023.
Latest Stories:
• Lender Greystone takes back 55-unit Hello Living rental with $44.9M judgment (November 08, 2024)
• ZD Jasper Realty files plans for 190-unit project in LIC at $47M dev site (August 01, 2024)
• ZD Jasper pays $47M to Quadrum, Baron, Simon Dev. for LIC dev site (May 07, 2024)
• Sunlight Development, Linzhong Zhuo sign $12M refi in Flushing (April 29, 2024)
• Joyland Group signs $66M construction loan with iCross Capital in Gowanus (March 06, 2024)
• SB Development pays $8.7M for dev site in Long Island City (November 20, 2023)
• George Xu’s Century Development Group pays $6M for LIC office (October 24, 2023)
Court Records:
Properties: