ZD Jasper Realty
60 Cuttermill Road, Suite 405 Great Neck NY 11021
People:
ZD Jasper Realty NYC portfolio
$999.3 million -industrial 53%, development 16%, retail 9%; Queens 62%, Manhattan 37%*
229th largest portfolio by dollar value
289,964 sqft – industrial 42%, elevator 17%, mixed-use 15%; Queens 83%, Manhattan 16%
1215th largest by SF
30 properties – Queens 70%, Manhattan 30%
320th largest
488 residential units – Queens 60%, Manhattan 39%
598th largest by residential units
Company Activity past 24 months:
Buyer company: 10 for $161.5 million
Borrower company: 15 for $629.9 million
Lender company: 1 for $0
Developer (new building or major alteration): 6 for 599,843 square feet
Top Ten Associated Companies:
Ponce Bank (4), Maxim Capital Group (3), BridgeCity Capital (3), Pacific National Bank (3), Bank Hapoalim (2), First Citizens Bank (2), iCross Capital (2), Maxim Credit Group (2), Preferred Bank (1), Madison Realty Capital (1)
Top Ten Associated People:
Louis Lebovits (3), Yaroslav Portuhay (2), Eric Chan (2), Steven A. Tsavaris (2), Mimi Vu (1), Garrett Thelander (1), Sylvia Tseng (1), Benjamin Azizi (1), Lily Guo (1), Brad Harris (1)
Recent activity as company:
• ZD Jasper Realty for Jasper Wu filed plans for new building for 57,670 sqft in Long Island City, Queens, on March 24, 2026.
• ZD Jasper Realty borrowed $11.9 million from Ponce Bank for None on January 28, 2026.
• Wilbee Corporation sold None for $17.7 million to ZD Jasper Realty on January 28, 2026.
• ZD Jasper Realty borrowed $42 million from Bank of China for 43-13 52 Street on December 29, 2025.
• ZD Jasper Realty borrowed $15.7 million from Ponce Bank for 45-39 Davis Street on December 05, 2025.
• Ernest Henick sold 45-39 Davis Street for $21.8 million to ZD Jasper Realty on December 05, 2025.
• Ernest Henick sold 45-40 Pearson Street for $2.3 million to ZD Jasper Realty on December 05, 2025.
• ZD Jasper Realty on December 03, 2025 bought a loan with an original principal of $1.3 million from Titan Capital ID, signed by David Saferstein, secured by 46-30 11 Street, when owned by Wael Reda.
• ZD Jasper Realty for Jasper Wu filed plans for new building for 113,702 sqft in Long Island City, Queens, on December 02, 2025.
• ZD Jasper Realty borrowed $74 million from Morgan Stanley for 45-13 Davis Street on September 19, 2025.
Latest Stories:
• Developer ZD Jasper Realty pays $17.7M for likely dev site in Astoria (February 02, 2026)
• ZD Jasper signs $42M refi for new 87-unit rental in Sunnyside (January 16, 2026)
• ZD Jasper Realty pays $2.3M for parcel in Long Island City (December 15, 2025)
• ZD Jasper Realty pays $12.75M for dev site in Long Island City (October 01, 2025)
• ZD Jasper signs $95.3M construction loan with iCross for 186-unit project in LIC (May 07, 2025)
Properties: