What Argo Real Estate does

Argo Real Estate is a privately-held, New York-based real estate services firm that has operated continuously since 1952, headquartered at 50 West 17th Street in Manhattan. The company operates across three integrated lines of business: full-service property management for residential co-op and condominium buildings (covering staff management, regulatory compliance, capital projects, budget oversight, and board relations); real estate development including ground-up construction and gut renovation of luxury condominiums and townhouses in New York and New Jersey (notably 360 Central Park West, 64 University Place, 17 East 9th Street, and the 64-unit The Artisan rental in Hoboken); and brokerage services for sales and leasing, housed under the Argo Residential sub-brand. The firm manages an owned-and-operated portfolio of approximately 12,000 units across the New York metropolitan area and employs between 51 and 100 people.

Revenue mechanics combine a recurring managed-services stream from third-party co-op and condo boards, transaction-fee income from sales and leasing activity across the owned-and-operated portfolio and third-party clients, and one-time development proceeds from project sales. Distribution is direct: property management mandates are secured through engagement with co-op and condo boards and via RFP submission on the corporate website; development units are sold through in-house brokerage operations and external broker networks; brokerage oversight is consolidated under a Director of Brokerage. The go-to-market motion is enterprise field sales, anchored in long-tenured board and ownership relationships.

Supporting the core services, Argo offers a Board Member Portal (a third-party MDS Tenant Portal deployment), Argo University (an education and training platform delivering Argo University events for board members and quarterly superintendent training programs covering mechanicals, OSHA, customer service, and professional development), a Compliance Financing Town Hall series in coordination with NYSERDA, Bright Power, NYC Accelerator, and PACE on Local Law 97, an internship program, and a Brooklyn Community Dinner Series. Marketing reach combines the Argo.com website, earned media in The Real Deal, Wall Street Journal, Mansion Global, and Crain's New York Business, and direct educational events for board members and building staff. The firm has no disclosed proprietary technology stack, no AI/ML capability disclosed in source materials, and no disclosed institutional investors, parent company, or M&A history.

Name

Argo Real Estate

Legal name

Argo Real Estate LLC

Website

https://argo.com

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

51–100 employees

Short description

Argo Real Estate is a privately-held New York-based firm providing full-service property management for residential co-ops and condos, luxury real estate development, and brokerage services through its Argo Residential sub-brand, managing approximately 12,000 units across the New York metro area.

Ownership category

akta.pro rank

Product category

Residential Real Estate Services

NAICS

Residential Property Managers (531311), Offices of Real Estate Agents and Brokers (5312), Real Estate Property Managers (53131)

SIC

Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industries

Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE), Residential Real Estate Asset Management (BPAJAMAA), Property Management Advisory & Leasing Administration (FSAEAJAN)

Keywords

• Residential property management
• Luxury real estate development
• Co-op and condo services
• Residential sales brokerage
• Building management services

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Property Management Services: Argo Real Estate manages residential co-ops and condos throughout New York City, providing comprehensive property management including staff management, regulatory compliance, capital projects, budget management, and board meeting attendance.
2. Real Estate Development: The company develops new construction and gut renovation projects including luxury condominiums and townhouses in New York and New Jersey. Projects include 64 University Place (28 residences), 360 Central Park West (99 units), 17 East 9th Street (5-story townhome), and The Artisan in Hoboken (64-unit rental).
3. Brokerage Services: The firm oversees sales and leasing agents for new development projects, condo/co-op clients, and its owned-and-operated portfolio of approximately 12,000 units in the New York metro area.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Argo Real Estate provides full-service residential property management for co-ops and condos throughout the New York metropolitan area, covering building staff oversight, regulatory compliance, capital projects, and budget administration. The company also develops and sells new construction and gut-renovation luxury residential projects (condominiums, townhouses, and boutique rentals) in New York and New Jersey, and operates a residential sales and leasing brokerage through its Argo Residential sub-brand.

Product overview

Argo Real Estate is a privately-owned New York real estate firm offering a comprehensive portfolio of property management, development, and residential services. The company manages approximately 12,000 residential units in the New York metro area through its core Property Management Services, while its Development division executes new construction and renovation projects including 360 Central Park West, 17 East 9th Street, 64 University Place, and The Artisan in Hoboken. Argo Residential handles sales and leasing for new development projects and the firm's owned-and-operated portfolio. Supporting services include a Board Member Portal for client access, Argo University for staff and board education, and an Internship Program for professional development. The company operates its own portfolio alongside management services for third-party co-op and condo clients.

Differentiator

Problem solved

Functional benefit

Brands

• Argo Residential: A separate residential brand operated by Argo Real Estate, accessible at argoresidential.com

Products and services

• Property Management Services Full-service residential property management for co-ops and condos in the New York metro area, including building staff management, NYC housing law compliance, capital project oversight, budget administration, vendor management, and board meeting support. Service is delivered to co-op and condo boards and ownership groups across New York City.
• Real Estate Development End-to-end real estate development services covering acquisition, construction management, and sales for new construction and gut-renovation projects, including luxury condominiums, townhouses, and boutique rental buildings in New York and New Jersey. Customers are individual buyers, family offices, and tenant prospects for rental units.
• Argo Residential (Sales and Leasing Brokerage) Residential brokerage services for new development projects, condo and co-op clients, and Argo's owned-and-operated portfolio of approximately 12,000 units in the New York metro area. Sales and leasing agents serve individual buyers, sellers, and renters of residential properties.
• 64 University Place A 12-story ultra-luxury Greenwich Village condominium comprising 28 residences, designed by Kohn Pedersen Fox Architecture with interiors by Space Copenhagen. Available for individual unit purchase by high-net-worth buyers seeking new-construction luxury in Manhattan.
• 360 Central Park West A 99-unit luxury condominium at Central Park West resulting from a conversion and gut renovation of a Rosario Candela–designed building, reimagined by CetraRuddy Architecture. Sold as individual residences to buyers seeking architecturally significant luxury on the Upper West Side.
• 17 East 9th Street (The Argo Townhome) A 9,100-square-foot, 5-story single-family townhouse (The Argo Townhome) in Greenwich Village, originally built in 1844 and redesigned by Workshop APD, featuring 5 bedrooms and 9 bathrooms. Sold as a single luxury residence.
• The Artisan (1400 Clinton Street, Hoboken) A ground-up 6-story boutique luxury rental building in Hoboken, NJ, comprising 64 units. Available for lease to individual renters seeking luxury housing in the Hoboken market.

Quantifiable outcome

• Recognized as one of Crain's New York's Best Places to Work for five consecutive years (2021, 2022, 2023, 2024, 2025)

Named customers10 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• NYSERDA (New York State Energy Research and Development Authority)coreStrategic or Co-development Partner · 18 April 2023NYSERDA participated as an expert panel member at Argo's Compliance Financing Town Hall event focused on Local Law 97 compliance, decarbonization, and energy reduction policies for NYC co-ops and condos.
• Bright PowercoreStrategic or Co-development Partner · 18 April 2023Bright Power participated as an expert panel member at Argo's Compliance Financing Town Hall event focused on energy management and Local Law 97 compliance strategies for NYC buildings.
• NYC AcceleratorcoreStrategic or Co-development Partner · 18 April 2023NYC Accelerator participated as an expert panel member at Argo's Compliance Financing Town Hall to discuss funding programs and compliance solutions for building decarbonization.
• PACE (Property Assessed Clean Energy)coreStrategic or Co-development Partner · 18 April 2023PACE financing programs were discussed as part of the panel at Argo's Compliance Financing Town Hall on Local Law 97 compliance and building energy reduction.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• The Related Companies: Major NYC developer and manager of luxury residential, affordable, and mixed-use properties; overlaps with Argo on high-end condo development, condo conversions, and large-scale property management.
• Compass: National technology-enabled residential brokerage with a major NYC presence; competes for the same agents, listings, and new-development assignments as Argo Residential.
• Corcoran Group: Established NYC and Hamptons residential brokerage brand offering sales, leasing, and new-development services that overlap with Argo Residential's offerings.
• Douglas Elliman: Large regional residential brokerage and management firm; Argo's Director of Brokerage was hired from here, and the firm is a direct competitor on NYC new development and resale mandates.
• Sotheby's International Realty: Global luxury residential brokerage with strong NYC presence in co-op, condo, and trophy-property sales — competitive overlap with Argo's luxury development and resale pipeline.
• FirstService Residential: Large-scale residential property manager serving NYC co-op and condo boards; competes with Argo on managed-services mandates and brings more standardized national operating playbooks.

Direct peers

• TF Cornerstone: NYC-focused residential developer and long-term owner/manager of rental and condo properties with an integrated model similar to Argo's owned-and-operated + third-party management approach.
• Rose Associates: NYC-focused residential property manager and developer with a comparable portfolio of co-op, condo, and rental assets and an integrated management-and-development platform similar to Argo.
• Brown Harris Stevens: Major NYC residential brokerage and management firm with overlapping co-op, condo, and new-development sales business that competes directly with Argo Residential.
• Halstead: NYC-focused residential brokerage active in co-op, condo, and new-development sales — directly comparable to Argo Residential's transaction-fee business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Argo Real Estate