Jia He Chen
Sunlight Development
(Sunlight Construction, Sunlight Development Group)
135-25 Northern Blvd FL. 2 Flushing, NY 11354
201 46th St, Brooklyn, NY 11220
Sunlight Development NYC portfolio
$305.2 million -retail 47%, industrial 18%, elevator 17%; Queens 77%, Brooklyn 22%*
714th largest portfolio by dollar value
365,130 sqft – elevator 55%, industrial 16%, condo 14%; Brooklyn 61%, Queens 38%
1065th largest by SF
18 properties – Queens 89%, Brooklyn 10%
570th largest
218 residential units – Queens 72%, Brooklyn 27%
1093th 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:
Jimmy Tsai (1), Chi-Jen Hsu (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.