Kuafu Properties

Name

Kuafu Properties

Legal name

Kuafu Properties LLC

Website

https://kuafuproperties.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

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

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Real Estate Development: Ground-up development of market-rate residential, mixed-use, and commercial properties. The company develops properties and sells/exits completed projects, generating revenue through property sales.
2. Real Estate Investment: Investment in existing assets where value can be added, including acquisitions, repositioning, and value-add strategies. Revenue generated through asset appreciation and eventual sale.
3. Project Advisory and Management Services: Full project advisory and management services for all stages of the development life cycle, provided for international investors.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Kuafu Properties is a fully integrated real estate development and investment company that performs ground-up development of market-rate residential, mixed-use, and commercial properties in New York City. It also invests in existing assets for value-add repositioning and provides full project advisory and management services spanning acquisition, development, construction, sales, marketing, and tax efficiency strategy for international investors.

Product overview

Kuafu Properties LLC is a privately held, fully integrated real estate development and investment company based in New York City. The company specializes in mixed-use urban developments that bridge Asian capital to U.S. real estate markets, offering a portfolio of residential, retail, hotel, and affordable housing projects across New York City. The company's product portfolio includes completed developments such as 86th & Lex (luxury condominiums with retail in Upper East Side), Manhattan View at MiMA (ultra-luxury rentals in Hudson Yards with LEED Gold certification), Hudson Rise (mixed-use hotel and residential tower), 615 10th Avenue (residential with Target anchor tenant), and Oosten (luxury condominiums in Williamsburg designed by Piet Boon). Active developments include RKO Flushing (historic preservation mixed-use project), 60th Street (Upper East Side condominiums with Central Park views), and 1404 Stebbins Ave (affordable/supportive housing in Bronx). The company also provides full project advisory and management services for all stages of development lifecycle and believes AI and new material applications in construction will reshape the real estate industry.

Differentiator

Problem solved

Functional benefit

Products and services

• 86th & Lex A 229,739 SF mixed-use building at the corner of Lexington Avenue and 86th Street in Manhattan's Upper East Side, featuring flagship retail space, a fitness club, and 61 luxury residential condominiums. Completed in 2019.
• Manhattan View at MiMA 151 ultra-luxury residential apartments occupying the top 13 floors of the MiMA mixed-use development in Hudson Yards, featuring spectacular Hudson River and Manhattan skyline views from 500 feet up, with over 44,000 square feet of amenities including an Equinox-managed fitness club. LEED Gold Certified.
• Hudson Rise A 42-story, 320,000 SF mixed-use tower in the Hudson Yards district featuring 240 luxury hotel rooms, 88 lifestyle condominiums, 42 ultra-luxury residential condos, and approximately 34,000 SF of flagship retail space with full-glass display.
• 60th Street (151 East 60th Street) A 300,000+ SF mixed-use high-rise building at 60th Street and Lexington Avenue in Manhattan's Upper East Side, featuring for-sale condominiums with Central Park views above flagship retail spaces, located steps from Central Park and Billionaire's Row.
• 615 10th Avenue A mixed-use retail and residential project on Manhattan's West Side between 44th and 45th streets on 10th Avenue, consisting of 92 condominium residences above 34,903 square feet of ground floor and lower level retail space, with Target Stores as anchor tenant occupying 28,090 square feet.
• RKO Flushing A 443,000 SF mixed-use project in downtown Flushing, Queens at the intersection of Northern Boulevard and Main Street, featuring residential, retail, and community facility components while preserving the original interior's historic landmark features. Anticipated completion date of 2025.
• Oosten A 7-story, 216 luxury condominium and retail building in downtown Williamsburg, Brooklyn, designed by Dutch Architect Piet Boon, featuring a 13,860 square foot landscaped courtyard, lap pool, landscaped rooftop, fitness center, children's playroom, and spa.
• 1404 Stebbins Ave A 7-floor affordable and supportive housing development in Bronx, NY, consisting of approximately 44 affordable housing units, 66 supportive units, and a community facility space. A 4% LIHTC affordable project financed by HCR and low-income tax credits in partnership with a local non-profit organization.
• Full Project Advisory and Management Services Comprehensive project advisory and management services covering all stages of the development life cycle, from acquisition through construction, sales, marketing, and tax efficiency strategies. Targeted at international and Asian investors seeking exposure to U.S. real estate.

Quantifiable outcome

• 86th & Lex project completed and exited in 2019
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Five partnerships are on record, tiered community, key and ongoing.

• Local Non-profit OrganizationcommunityStrategic or Co-development Partner · 1 January 2020For the 1404 Stebbins Avenue affordable housing project in Bronx, Kuafu Properties partnered with a local non-profit organization. The project is a 4% LIHTC affordable project financed by HCR and low-income tax credits, consisting of approximately 44 affordable housing units and 66 supportive units.
• SCG AmericakeyStrategic or Co-development Partner · 1 April 2015In Spring 2015, Kuafu Properties partnered with SCG America to acquire Manhattan View, the 151 luxury residences consisting of the top 13 floors of the mixed-use project MiMA (originally developed by Related Companies). The project achieved LEED Gold Certification and included one of the largest residential amenity packages in Manhattan covering over 44,000 square feet. Kuafu completed the business plan in 2016 and exited its financial interests in 2018.
• Ceruzzi PropertieskeyStrategic or Co-development Partner · 1 September 2014In September 2014, Kuafu Properties partnered with Ceruzzi Properties to acquire a rare corner assemblage at 86th Street and Lexington Avenue in Manhattan's Upper East Side. Together they developed a 229,739 SF mixed-use project with flagship retail space, a fitness club, and luxury condominiums. The project was completed in 2019 and Kuafu exited the project.
• Siras DevelopmentkeyStrategic or Co-development Partner · 1 June 2014In June 2014, Kuafu Properties partnered with Siras Development to acquire a site in the Hudson Yards district for a 320,000 SF mixed-use building. The project included luxury residential condominiums, a full-service hotel, lifestyle residential units, and retail spaces. The 42-story Hudson Rise was completed and Kuafu exited in 2019.
• Xin Development Group International, Inc.ongoingStrategic or Co-development PartnerKuafu is serving as Project Manager in conjunction with Xin Development Group International, Inc. for multiple projects including 615 10th Avenue (completed 2020), RKO Flushing (pre-development phase, anticipated completion 2025), and Oosten (216 luxury condominiums in Williamsburg, Brooklyn).

Scale indicators7 records

Recent moves3 records

Expansion highlights4 records

Direct peers

• JDS Development Group: NYC-based luxury residential and mixed-use developer behind projects like 111 West 57th Street and Steiner East Village. Comparable in segment focus on Manhattan trophy mixed-use and luxury condo product.
• Xin Development Group International: Asian-capital-backed U.S. real estate developer and JV partner with Kuafu on multiple NYC projects (615 10th Avenue, RKO Flushing, Oosten). Operates the same cross-border bridge model targeting Chinese investors in U.S. real estate.
• HFZ Capital Group: NYC-focused luxury residential and mixed-use developer active in Manhattan ultra-luxury condo product (e.g., The Zaha Hadid tower at 520 W 28th). Comparable in product segment though typically serves domestic buyers.
• Greenland USA: U.S. arm of Shanghai-based Greenland Group, one of the largest Chinese-capital-backed developers in the U.S. Direct peer in the Asian-to-U.S. real estate capital bridge model, though operating at materially greater scale than Kuafu.
• Siras Development: Co-developer with Kuafu on the 320,000 SF Hudson Rise mixed-use tower in Hudson Yards. Operates in the same NYC luxury mixed-use development niche with Asian capital backing.
• Ceruzzi Properties: New York-based real estate developer and active JV partner with Kuafu on the 86th & Lex mixed-use project. Comparable as a mid-sized NYC developer operating via JV structures with Asian capital sources.

Broad incumbents

• Tishman Speyer: Global real estate investor and developer with a substantial NYC portfolio including Hudson Yards assets. Broad incumbent competing for the same prime Manhattan mixed-use sites Kuafu targets.
• Vornado Realty Trust: NYSE-listed REIT and major Manhattan office and mixed-use owner with deep concentration in the same submarkets where Kuafu develops (Midtown, Upper East Side). Represents institutional competition for trophy NYC assets.
• Forest City Realty Trust: Major U.S. real estate developer historically active in NYC mixed-use development, including as the original developer of the MiMA tower. Broad incumbent comparable in product type, though operating at national scale.
• Related Companies: One of the largest U.S. real estate developers and the original developer of MiMA, from which Kuafu acquired Manhattan View. Operates at significantly greater scale across NYC mixed-use, affordable, and luxury residential product.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kuafu-properties-llc

Revenue estimate

Valuation estimate

Number of profiles

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 Kuafu Properties