Xiao Jun Chen
(Xiaojun Chen, Leon Chen)
Jun’s Construction
Owner, Developer
Private Equity
122-03 14th Ave College Point NY 11356
Jun’s Construction|Xiao Jun Chen NYC portfolio
$127.8 million -retail 42%, elevator 19%, condo 13%; Queens 67%, Brooklyn 32%*
1310th largest portfolio by dollar value
139,100 sqft – elevator 34%, office 27%, condo 19%; Queens 65%, Brooklyn 34%
1979th largest by SF
8 properties – Brooklyn 50%, Queens 50%
1332th largest
40 residential units – Queens 100%
2926th largest by residential units
0 foreclosures, 0 bankruptcies, 4 other court cases.
Person Activity past 24 months:
Borrower signatory: 1 for $35 million
Developer (new building or major alteration): 2 for 0 square feet
Top Ten Associated Companies:
East West Bank (3), Cathay Bank (2), Rena Martinolich (1), Frances T. Lutfy (1), Slate Property Group (1), NYU Langone Hospitals (1), Ponce Bank (1), Capital One (1), Jackson Group (1), Redemptorist Fathers of New York (1)
Top Ten Associated People:
Rena Martinolich (1), Frances T. Lutfy (1), John Shi (1), David Schwartz (1), Aaron Fong (1), Francesco Pizzolla (1), Larry McReynolds (1), Steven A. Tsavaris (1), Jennifer A. Windbeck (1), Gabriel Chehebar (1)
Recent activity as signatory:
• Xiao Jun Chen borrowed $35 million from Ponce Bank for 122-11 14 Avenue on January 21, 2026.
• Jackson Group sold 1423 Avenue U for $7.7 million to Xiao Jun Chen on May 15, 2024.
• Xiao Jun Chen borrowed $10.2 million from East West Bank for 6025 6th Avenue, Sunset Park, Brooklyn on March 20, 2024.
• Xiao Jun Chen sold 6025 6th Avenue, Sunset Park, Brooklyn for $4.3 million to NYU Langone Hospitals on March 20, 2024.
• Xiao Jun Chen filed plans for new building for 52,817 sqft in Sheepshead Bay, Brooklyn, on March 12, 2024.
• Xiao Jun Chen borrowed $10 million from Cathay Bank for 640 86 Street on October 17, 2023.
• Xiao Jun Chen filed plans for new building for 62,680 sqft in Sunset Park, Brooklyn, on November 01, 2022.
• Xiao Jun Chen borrowed $19 million from East West Bank for None on July 29, 2022.
• Xiao Jun Chen borrowed $12.8 million from East West Bank for 741 61st Street, Dyker Heights, Brooklyn on April 25, 2022.
• Rena Martinolich and Frances T. Lutfy sold 31-90 42 Street for $2.9 million to The buyer on January 19, 2022.
Latest Stories:
• Jun’s Construction files plans for 98 units in Sheepshead Bay (April 27, 2026)
• Xiao Jun Chen pays $7.7M to Jackson Group for retail in Sheepshead Bay (May 24, 2024)
• Azimuth signs $68.9M construction loan for 129 units in Melrose (April 11, 2024)
• Jackson Group pays $4.6M to Parkland Group for retail in Sheepshead Bay (September 12, 2023)
• Westhab pays $13.2M to Slate Property Group for dev site in Rego Park (August 15, 2022)
• Mark Sonnenschein pays $2.2M for two dev parcels in Melrose (February 10, 2022)
• Xiao Jun Chen pays $3.5M to Capital One for retail in College Point (July 23, 2021)
Court Records: