Hang Dong Zhang
(Ben Zhang)
B Square Realty
Owner
136-20 38th Avenue Suite 3E Flushing, NY 11354
B Square Realty|Hang Dong Zhang NYC portfolio
$105.7 million -industrial 39%, hotel 22%, office 12%; Queens 87%, Brooklyn 12%*
1420th largest portfolio by dollar value
106,844 sqft – hotel 49%, condo 20%, industrial 13%; Queens 63%, Brooklyn 36%
2255th largest by SF
13 properties – Queens 95%, Brooklyn 4%
784th largest
28 residential units – Queens 100%
3257th largest by residential units
Person Activity past 24 months:
Buyer signatory: 3 for $18.9 million
Borrower signatory: 2 for $52 million
Developer (new building or major alteration): 13 for 129,125 square feet
Top Ten Associated Companies:
Tze Hsiung Raymond Ku (2), Marica Donadic (2), Steve Donadic (2), Ponce Bank (2), Amerasia Bank (2), S3 Capital (1), Prince Club (1), Victor Peng (1), NewBank (1), Styliani Moustakas (1)
Top Ten Associated People:
Tze Hsiung Raymond Ku (2), Marica Donadic (2), Steve Donadic (2), Chi-Jen Hsu (2), Victor Peng (1), Styliani Moustakas (1), Shang Shen Chen (1), Susan Showsan Lin (1), Henry Lo (1), Paul Lo (1)
Recent activity as signatory:
• Werwaiss Properties sold None for $9.8 million to B Square Realty on February 26, 2026.
• B Square Realty borrowed $19 million from Ponce Bank for 27-20 43 Avenue on February 03, 2026.
• Hang Dong Zhang filed plans for new building for 55,244 sqft in Long Island City, Queens, on November 10, 2025.
• Hang Dong Zhang filed plans for new building for 34,478 sqft in Long Island City, Queens, on May 19, 2025.
• Gregory Biel sold 27-20 43 Avenue for $5.6 million to B Square Realty on April 30, 2025.
• Jane Collyer sold 42-46 27 Street for $3.5 million to B Square Realty on December 24, 2024.
• Hang Dong Zhang borrowed $33 million from Ponce Bank for 42-40 27 Street on December 24, 2024.
• Hang Dong Zhang filed plans for new building for 9,933 sqft in Long Island City, Queens, on May 21, 2024.
• B Square Realty borrowed $12 million from Amerasia Bank for 41-04 27th Street, 41-04 27th Street, 41-04 27th Street, 41-04 27th Street, 41-04 27th Street, and others, Long Island City, Queens on March 28, 2024.
• Hang Dong Zhang sold 25-63 125th Street, College Point, Queens for $2.2 million to Marco Lei Chiu and Peipei Bao-Chiu on February 02, 2024.
Latest Stories:
• B Square Realty pays $9.8M to Werwaiss Properties for likely dev site in LIC (March 24, 2026)
• B Square Realty signs $19M construction loan for 32-unit project in LIC (March 10, 2026)
• B Square Realty pays $5.6M for likely dev site in Long Island City (May 19, 2025)
• B Square Realty signs $33M construction loan with Ponce Bank in LIC (January 21, 2025)
• B Square Realty pays $3.5M for portion of 56-unit LIC dev site (January 06, 2025)
• Hang Dong Zhang pays $13M for retail, office dev site in Flushing (February 09, 2024)
• Hang Dong Zhang, Jing An pay $10.7M for hotel in Astoria (March 16, 2023)
• Hang Dong Zhang buys stake valued at $5.3M in hotel in Sunset Park (July 15, 2022)
• B Square Realty pays $10.5M for 2 buildings in Long Island City (March 15, 2022)