Eric Chong

HCRE Hung & Chong Real Estate

Owner

HCRE Hung & Chong Real Estate portfolio

$50 million* – office 43%, condo 36%; Manhattan 62%, Queens 37%

951th largest portfolio by dollar value

167,077 sqft – office 61%, condo 38%;

1384th largest by SF

19 properties – Manhattan 84%, Queens 15%

487th largest

17 residential units – Manhattan 100%, Bronx 0%

3399th largest by residential units

Person Activity past 24 months:

Seller signatory: 2 for $6.7 million

Borrower signatory: 1 for $25 million

Top Ten Associated Companies:

Katie Ka Yee Ko (1), Lori Eng (1), Morgan Stanley (1), Chao Li (1)

Top Ten Associated People:

Katie Ka Yee Ko (1), Lori Eng (1), Cynthia Eckes (1), Chao Li (1)

Recent activity as company:

HCRE Hung & Chong Real Estate borrowed $25 million from Morgan Stanley for 42-35 Main Street and 42-35 Main Street, Flushing, Queens on August 05, 2024.

HCRE Hung & Chong Real Estate sold 19 Pell Street, Chinatown, Manhattan for $4 million to Lori Eng on July 30, 2024.

Eric Chong sold 42-35 Main Street and 42-35 Main Street, Flushing, Queens for $2.7 million to Chao Li on October 19, 2023.

Eric Chong and Philip Chong sold 42-35 Main Street, 42-35 Main Street, and 42-35 Main Street, Flushing, Queens for $4.7 million to Katie Ka Yee Ko on August 15, 2022.

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

Leave a Reply