XI ZHAO

Owner

XI ZHAO portfolio

$7.8 million* – office 72.0%, development 27.0%; Queens 100.0%, Manhattan 0.0%

3071th largest portfolio by dollar value

32,324 sqft – office 100.0%, None 0.0%;

3514th largest by SF

7 properties – Queens 100%, Manhattan 0%

1241th largest

155 residential units – Queens 100.0%, Manhattan 0.0%

1063th largest by residential units

Person Activity past 24 months:

Borrower signatory: 3 for $14.6 million

Top Ten Associated Companies:

Berkshire Bank (1), S3 Capital (1), Ken Huang (1), Jan Chetnik (1)

Top Ten Associated People:

Valerie Patyka (1), Joshua Crane (1), Ken Huang (1), Jan Chetnik (1)

Recent activity as company:

Xi Zhao borrowed $0 from Ken Huang for 140-44 Sanford Avenue, 140-46 Sanford Avenue, and 140-42 Sanford Avenue, Flushing, Queens on May 10, 2024.

Xi Zhao borrowed $6.6 million from S3 Capital for 108-17 72nd Avenue, Forest Hills, Queens on May 03, 2024.

Xi Zhao borrowed $8 million from Berkshire Bank for 133-20 41st Road, Flushing, Queens on March 16, 2023.

Xi Zhao filed plans for new building for 22,305 sqft in Long Island City, Queens, on December 03, 2020.

Jan Chetnik sold 42-64 Hunter Street, Long Island City, Queens for $2.5 million to Xi Zhao on July 24, 2020.

Properties:

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

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