Jia He Chen
Sunlight Development
(Sunlight Development Group, Sunlight Construction)
135-25 Northern Blvd FL. 2 Flushing, NY 11354
201 46th St, Brooklyn, NY 11220
Sunlight Development NYC portfolio
$272.3 million -retail 47%, elevator 20%, industrial 20%; Queens 74%, Brooklyn 25%*
773th largest portfolio by dollar value
357,825 sqft – elevator 56%, industrial 17%, condo 14%; Brooklyn 62%, Queens 37%
1066th largest by SF
16 properties – Queens 88%, Brooklyn 11%
627th largest
160 residential units – Queens 61%, Brooklyn 38%
1331th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 1 for $6.9 million
Borrower signatory: 1 for $7.8 million
Top Ten Associated Companies:
Amerasia Bank (2)
Top Ten Associated People:
Chi-Jen Hsu (1), Jimmy Tsai (1)
Recent activity as signatory:
• Amerasia Bank sold 134-38 35th Avenue, 134-38 35th Avenue, 134-38 35th Avenue, 134-38 35th Avenue, 134-38 35th Avenue, and others, Flushing, Queens for $6.9 million to Sunlight Development on September 29, 2025.
• Sunlight Development borrowed $7.8 million from Amerasia Bank for 816 58 Street on August 14, 2024.