Incoco Capital
- Company typePrivate
- Founded2022
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Incoco Capital does
Incoco Capital is a privately owned investment management firm that operates as a sponsor and co-investor in commercial real estate development projects concentrated in the New York metropolitan area. The firm was founded in 2022 and is structured as Incoco Capital LLC, with headquarters at 358 5th Avenue in New York City and an additional office in Seoul. Its portfolio comprises five identified projects spanning Long Island City (LIC Court Square, a 55-story, 636-unit condominium under construction since June 2025), Gowanus (175 Third Street, a 27-story ~1,100-unit mixed-use development expected to complete in 2028, and 300 Nevins Street, a 650+ unit residential project), Williamsburg (The Dime, a 23-story, 177-unit mixed-use tower completed in 2020), and the Meatpacking District (Meatpacking Plaza, an 80,000 SF office/retail property completed in 2022). The company leverages construction financing from institutional capital providers, including a $525 million loan for LIC Court Square (Madison Realty Capital, Kushner Companies, OneIM) and $785 million for 175 Third Street (Apollo, Affinius Capital, RXR). Incoco Capital is affiliated with Innovative Cosmetic Concepts (INCOCO), the parent company of the Color Street nail polish brand founded by Fa Park.
The firm's go-to-market is enterprise relationship-driven: deal flow originates from established developer partnerships, primarily with Charney Companies and Tavros, and direct institutional investor relationships for capital formation. Incoco Capital explicitly does not operate as a registered investment adviser, does not solicit third-party advisory clients, and does not charge management fees, generating economics instead through development sponsorship, profit participation, and co-investment alongside its partners. Distribution runs through direct institutional sales and joint-venture structures, with only a corporate LinkedIn page as a public marketing channel. Underlying technology is non-proprietary, and the operating model is deliberately lean, with fewer than ten employees supporting a multi-billion-dollar pipeline of development capital.
Strategically, the firm is executing a scale-up phase, transitioning from completed, smaller assets to mega-deals involving top-tier institutional capital partners. Tenant relationships include Whole Foods and Chelsea Piers Fitness at LIC Court Square, and Life Time at 175 Third Street. The Seoul office and Korean affiliation via the INCOCO parent provide a potential channel for cross-border capital, although operating geographies remain US-focused.
Incoco Capital firmographics
Firmographics- Name
- Incoco Capital
- Legal name
- Incoco Capital LLC
- Website
- https://incococapital.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Incoco Capital industry classification
Industry- Product category
- Real Estate Investment Management
- NAICS
- Other Financial Investment Activities (5239), All Other Financial Investment Activities (52399), Miscellaneous Intermediation (52391)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799)
- akta.pro primary industry
- Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)
Keywords
Where Incoco Capital is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Incoco Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Real Estate Development Sponsorship: Incoco Capital sponsors and co-invests in real estate development projects in the New York metropolitan area, generating returns through development profit participation and co-investment arrangements with institutional partners.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
Incoco Capital product offering
Product offeringCore offering
Incoco Capital is a privately owned investment management firm that sponsors and co-invests in select commercial real estate development and acquisition projects in the New York metropolitan area. The firm partners with institutional investors and established real estate developers (such as Charney Companies and Tavros) to source, finance, and execute large-scale projects, generating returns through development profit participation and co-investment arrangements. The firm is explicitly not registered as an investment adviser and does not provide investment advice to third-party investors.
Product overview
Incoco Capital operates as a privately owned investment management firm specializing in real estate development and acquisition opportunities in the New York metropolitan area. The company sponsors and invests in select commercial real estate projects, maintaining partnerships with investment management firms and institutional investors. Its portfolio includes four primary development projects: LIC Court Square (a 55-story, 636-unit condominium in Long Island City), The Dime (a 23-story mixed-use tower in Williamsburg with 177 units), 300 Nevins Street (a 650+ unit residential development in Gowanus), and Meatpacking Plaza (an 80,000 SF office and retail property). Additionally, Incoco Capital partnered on the 175 Third Street Gowanus Wharf project with Charney Companies and Tavros. The company also maintains an affiliation with Innovative Cosmetic Concepts (INCOCO), the parent company of the Color Street direct selling brand.
Differentiator
Problem solved
Functional benefit
Companies that use Incoco Capital
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles2 records
Incoco Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Incoco Capital partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- TavroscoreTavros is a core co-development partner of Incoco Capital, with the two companies partnering on major New York real estate developments including the $525 million LIC Court Square project and the $785 million 175 Third Street Gowanus project.
- Charney CompaniescoreCharney Companies (Charney) is a core co-development partner of Incoco Capital, with the two companies partnering on major New York real estate developments including the $525 million LIC Court Square project and the $785 million 175 Third Street Gowanus project.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
Incoco Capital competitors and assessment
Company assessmentDirect peers
- Kushner Companies: Diversified NYC-focused real estate investor and developer participating in Incoco Capital's LIC Court Square financing. Operates in the same NYC development-sponsor and capital-markets space.
- Tavros: Real estate development and investment firm that co-developed the $525M LIC Court Square and $785M 175 Third Street projects with Incoco Capital. Comparable NYC development-sponsor profile.
- Charney Companies: NYC-based real estate developer and sponsor that has co-developed major projects with Incoco Capital, including LIC Court Square and 175 Third Street. Direct overlap in sponsor/development activity on similar NYC asset classes.
- Madison Realty Capital: NYC-focused real estate private equity and debt provider, acting as lead lender on Incoco Capital's $525M LIC Court Square construction loan. Comparable NYC real estate capital intermediary with overlapping deal flow.
- RXR: NYC-focused real estate owner, developer, and investment manager that sponsors and co-invests in large-scale developments. RXR provided $185M of equity on the 175 Third Street Gowanus project alongside Incoco Capital, operating in the same development-sponsor lane.
- Affinius Capital: Real estate investment manager providing debt and equity for development projects, including the 175 Third Street Gowanus financing alongside Incoco Capital. Comparable development-capital sponsor.
- Greystone Capital Advisors: Real estate capital advisory firm that acted as exclusive advisor on the $525M LIC Court Square construction loan. Comparable NYC real estate debt-placement intermediary serving similar sponsor clients.
Broad incumbents
- Tishman Speyer: Global developer and investment manager focused on office, residential, and mixed-use assets in NYC and other gateway cities. A larger incumbent sponsor with overlapping NYC development exposure.
- Brookfield Asset Management: Global alternative asset manager with one of the largest real estate platforms, active across NYC development, multifamily, and office. Operates in the same development-sponsor and capital-markets arena at much greater scale.
- Apollo Global Management (Real Estate): Global alternative asset manager with a large real estate debt and equity franchise that provided $600M of construction debt on Incoco's 175 Third Street project. Comparable real estate capital provision, though at vastly greater scale and broader mandate.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Incoco Capital social profiles
Digital presenceIncoco Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Incoco Capital leadership team
Management profileNumber of profiles
Profiles1 record
Incoco Capital funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Incoco Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Incoco Capital
What does Incoco Capital do?
Incoco Capital is a privately owned investment management firm that sponsors and co-invests in select commercial real estate development and acquisition projects in the New York metropolitan area. The firm partners with institutional investors and established real estate developers (such as Charney Companies and Tavros) to source, finance, and execute large-scale projects, generating returns through development profit participation and co-investment arrangements. The firm is explicitly not registered as an investment adviser and does not provide investment advice to third-party investors.
Is Incoco Capital a public or private company?
Incoco Capital is a private company. It is classified as corporate owned and is currently operating.
When was Incoco Capital founded?
Incoco Capital was founded in 2022. It employs 1 to 10 people.
Where is Incoco Capital based?
Incoco Capital is headquartered in New York, United States, in the North America region.
How does Incoco Capital make money?
One revenue line is on record: real Estate Development Sponsorship.
Who are Incoco Capital's main competitors?
Direct peers on record are Kushner Companies, Tavros, Charney Companies, Madison Realty Capital, RXR, Affinius Capital and Greystone Capital Advisors. Broad incumbents are Tishman Speyer, Brookfield Asset Management and Apollo Global Management (Real Estate).
Does Incoco Capital have an API?
No public API is recorded for Incoco Capital.
What industry is Incoco Capital in?
Incoco Capital's product category is Real Estate Investment Management. Its primary akta.pro industry code is BPAJANAE, Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing). Its NAICS code is 5239 and its SIC code is 6532.