Asia Bank
Named as the sponsor's construction lender in 3 New York City condominium offering plans, in the plan's text, where the sponsor says it has obtained its construction loan or financing, or, where the plan doesn't name one, as the lender on the mortgage and building loan agreement recorded in ACRIS on the building's lot before the plan was accepted. Each building below links the plan page or the recorded document. Where an amendment names a new lender, that lender is counted.
Asia Bank's 3 buildings in these plans are mostly in Queens (2 of 3), then Manhattan, all new construction, 28 units at the middle, offered at an average $781K per unit. Check size: $9M typical (the median of 3 loans whose size the plan states or ACRIS records), from $2.8M to $15.7M.
- Buildings
- 3
- Residential units
- 90
- Typical check
- $9M
- Years
- 2008–2011
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Recent Growth
Asia Bank's buildings and units by year for the last 6 years, and whether the pace is rising or falling.
No buildings accepted since 2021. 0% of all 2 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 0 | — |
| 2023 | 0 | — |
| 2022 | 0 | — |
| 2021 | 0 | — |
Latest: Park Tower Condominium, accepted Oct 4, 2011. 1 plan without an acceptance date isn't counted.
Strongest Relationships
No other firm is named with Asia Bank on more than one building yet.
From the same offering plans as the table below. A firm's own affiliates aren't counted.
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| Condominium | Accepted | Units | Loan |
|---|---|---|---|
| Park Tower Condominium132-29 Blossom Avenue & 42-60 Crommelin St. · Queens · new constructionSponsor: 132-29 Park Tower LLC · Recorded in ACRIS ↗ | 2011 | 52 | $9M* |
| Excel Tower Condominium31 Monroe Street · Manhattan · new constructionSponsor: 31 Monroe Realty LLC · Recorded in ACRIS ↗ | 2008 | 28 | $15.7M* |
| Tower 37 Condominium146-26 37th Avenue · Queens · new constructionSponsor: Kenchih Takchieh, LLC · Recorded in ACRIS ↗ | — | 10 | $2.8M* |
Loan is the construction financing the plan states: its stated total, or the building, project and other loans it lists added up (hover for the parts); a loan only for buying the land isn't counted. Where the plan states no amount, a figure marked * is the mortgage and building loan agreement recorded in ACRIS for the same lender on the building's lot, linked to the document. — means neither has one. The typical check is the median of these loans. A bank that changed its name is counted under its current name. Different spellings of one lender's name are counted together.