Manhattan Parking

What Manhattan Parking does

Manhattan Parking Group (MPG) is a privately held parking operator founded in 1966 and headquartered at 545 5th Avenue, Suite 600, New York. The company operates more than 100 parking facilities with over 20,000 parking spaces across Manhattan, Brooklyn, Queens, the Bronx, and Westchester, organized through a structure of nine wholly-owned operating LLCs (e.g., MP 325 LLC, MP 34 Tribeca LLC, MP Battery 70 LLC, MP South Cove LLC, MP Battery Gateway LLC, 1 BPP Garage LLC). MPG offers self-park and valet services in indoor garages and outdoor lots, with disclosed monthly rates ranging from $600 (e.g., Gateway Plaza, The Riverwatch) to $1,050 (450 Washington Street) at premium Manhattan addresses.

The company's product surface combines physical parking operations with a digital layer consisting of a native iOS/Android mobile app (mobile parking passes, location-based recommendations, account management), Google Maps integration on location pages, and a ParkingBase marketplace integration for online monthly reservations at select facilities. Payment processing uses SSL encryption with tokenization via a third-party processor. MPG also provides full-service parking management — staffing, security, and operations — to enterprise clients including real estate developers, luxury hotels, and hospitals.

MPG's revenue model combines subscription recurring revenue (monthly parking with auto-billing on the 3rd of each month), usage-based revenue (daily parking reservations), and managed-services revenue (B2B property management contracts). Customer segments span individual consumers, real estate developers and property owners, luxury hotels, and hospitals. Distribution is primarily direct through owned facilities and the company's own digital channels, supplemented by word-of-mouth referrals from building residents and property managers. Key executives have been with MPG for over 30 years, and the company explicitly positions its privately-held, hands-on operating model against larger consolidated public parking competitors.

Name

Manhattan Parking

Legal name

Manhattan Parking Group

Website

https://mpgparking.com

Company type

Private

Founded year

1966

Operating status

Operating

Short description

Manhattan Parking Group is a privately held New York City parking operator, founded in 1966, running 100+ facilities with 20,000+ spaces across Manhattan, Brooklyn, Queens, the Bronx, and Westchester, serving individual monthly/daily subscribers, real estate developers, luxury hotels, and hospitals.

Ownership category

akta.pro rank

Product category

Parking Facility Management

NAICS

Parking Lots and Garages (81293), Parking Lots and Garages (812930)

SIC

Services-Automotive Repair, Services & Parking (7500)

akta.pro primary industry

Parking Facility Operations (Garages, Lots, On-/Off-Street) (BPABAKAA)

akta.pro secondary industries

Off-Street Parking Facilities Operations (Garages, Lots, Park-and-Ride) (TLAJAIAB), Parking Management & Enforcement (Citations, Permits, Compliance) (BPABAKAB), Parking Facilities Property Management (BPAJAGAN)

Keywords

• Parking facility operations
• Monthly parking subscriptions
• Parking management services
• Valet parking services
• Event parking services

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Monthly Parking Subscriptions: Recurring monthly fees for dedicated parking spaces at MPG facilities. Customers sign up online, provide vehicle information, and are billed monthly with automatic payment processing on the 3rd of each month. The subscription continues month-to-month until cancelled with 30 days notice.
2. Daily Parking: Per-use parking charges for customers needing occasional parking. Daily parking reservations are available through the website with multiple in/out privileges not allowed for daily reservations.
3. Property Management Services: Parking operations management services for real estate developers, property owners, luxury hotels, and hospitals. MPG provides full-service parking management including staffing, security, and operational expertise.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Manhattan Parking Group operates and manages over 100 parking facilities with more than 20,000 parking spaces across Manhattan, Brooklyn, Queens, the Bronx, and Westchester. The company sells monthly parking subscriptions with automatic billing, daily/hourly parking, event parking, valet services, and self-park options. It also provides full-service parking operations management to real estate developers, property owners, luxury hotels, and hospitals, with digital access via iOS/Android mobile apps and online account management.

Product overview

Manhattan Parking Group (MPG) operates a single integrated parking services platform offering monthly and daily parking subscriptions, event parking, valet, and self-park options across 100+ facilities with 20,000+ spaces in NYC. The core offering combines physical parking operations with digital tools including mobile apps (iOS/Android), online account management, and ParkingBase booking integration for certain locations. Services are primarily B2B focused, providing parking management to real estate developers, property owners, luxury hotels, and hospitals, while also serving retail consumers through monthly and daily parking plans. MPG does not appear to offer distinct modular software products but rather a unified parking operational service with ancillary digital access.

Differentiator

Problem solved

Functional benefit

Products and services

• Monthly Parking Subscriptions

Quantifiable outcome

• 100+ parking facilities
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• ParkMobile: Mobile parking payment app and platform that integrates with parking operators. Comparable to MPG's mobile app strategy and interacts with MPG's payment and reservation infrastructure.
• Metropolis: Technology-forward parking and mobility platform using computer vision and checkout-free exits. Comparable through shared customer demand layer; represents a structurally different competitor that could disintermediate traditional operators.
• SpotHero: Digital parking marketplace aggregating inventory from operators like MPG. Comparable via the demand side — provides online booking that overlaps with MPG's direct and ParkingBase digital channels.

Broad incumbents

• ABM Industries: Large facilities services company whose parking segment competes with MPG for institutional parking management contracts and property-level operational outsourcing.
• Impark: North American parking management company operating thousands of facilities. Comparable to MPG on managed-services delivery and commercial real estate client base, though geographically broader.
• SP+ Corporation (now Arrive Mobility): National parking and mobility services provider operating thousands of facilities across the US. Competes with MPG on managed-services contracts for hotels, hospitals, and commercial real estate.

Direct peers

• LAZ Parking: One of the largest privately-held parking operators in the US with deep NYC presence, directly competing with MPG for monthly, daily, and managed parking contracts with property owners, hotels, and institutions. Closest comparable by footprint and service mix.
• Champion Parking: Operator of parking garages and lots in NYC offering monthly, daily, event, and valet services. Directly comparable service mix and target customer base to MPG.
• Icon Parking: NYC-focused parking operator offering monthly and daily parking across Manhattan. Competes head-to-head with MPG on price, locations, and digital booking in the same neighborhoods.
• CPS Parking: NYC-area parking operator running garage and lot facilities with monthly parking and event services. Direct competitor for the same customer base in Manhattan and Brooklyn.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Manhattan-Parking-Group-368532346512859

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Manhattan Parking