Zehao Fang
(Jack Fang)
Developer, Owner
Zehao Fang NYC portfolio
$62.2 million -development 75%, condo 19%, industrial 4%; Queens 99%*
2148th largest portfolio by dollar value
32,635 sqft – condo 100%; Queens 100%
4343th largest by SF
5 properties – Queens 100%
2066th largest
110 residential units – Queens 100%
1819th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $4.6 million
Borrower signatory: 2 for $43.2 million
Developer (new building or major alteration): 8 for 44,145 square feet
Top Ten Associated Companies:
Ponce Bank (2), Amalgamated Bank (1), Newtek Bank (1), Theodore Avdoulos (1), Carlo Bordone (1), Louis Kokalis (1), Muslim American Legal Aid Society (1)
Top Ten Associated People:
John Papadas (1), Steven A. Tsavaris (1), Theodore Avdoulos (1), Carlo Bordone (1), Louis Kokalis (1), Rahmi Yazar (1)
Recent activity as signatory:
• Zehao Fang borrowed $10.2 million from Newtek Bank for 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, 23-01 41st Avenue, and others, Long Island City, Queens on June 30, 2026.
• Zehao Fang and Simon Hung borrowed $33 million from Ponce Bank for 37-42 30 Street on February 20, 2026.
• Jack Fang filed plans for new building for 34,145 sqft in Long Island City, Queens, on August 20, 2025.
• Louis Kokalis sold 40-10 Crescent Street for $4.6 million to Zehao Fang on December 10, 2024.
• Zehao Fang and Simon Hung borrowed $10 million from Ponce Bank for 37-42 30 Street on March 26, 2024.
• Carlo Bordone sold 40-19 27 Street for $3.2 million to Zehao Fang on August 14, 2023.
• Zehao Fang sold 86-18 58 Avenue for $2 million to Muslim American Legal Aid Society on August 31, 2022.
• Zehao Fang borrowed $6.5 million from Amalgamated Bank for 38-35 Crescent Street on December 29, 2021.
• Jack Fang filed plans for new building for 63,074 sqft in Long Island City, Queens, on September 10, 2021.
• Theodore Avdoulos sold 37-42 30 Street for $9.2 million to Zehao Fang on October 15, 2020.
Latest Stories:
• Zehao Fang, Simon Hung sign $33M refi with Ponce Bank for 64-unit rental in LIC (April 01, 2026)
• Zehao Fang signs $10M construction loan for 47-unit project in LIC (April 25, 2024)
• Developer Zehao Fang pays $3.2M for 9-unit LIC dev site (August 30, 2023)
• Zehao Fang pays $9M for 11K lot in Long Island City (November 09, 2020)