The Kraus Organization

What The Kraus Organization does

The Kraus Organization LLC is a privately held, vertically integrated real estate services company headquartered in Long Island City, New York, operating across the New York Metro area for approximately four to five decades. The company is structured as a parent entity with ten wholly-owned subsidiaries that collectively deliver three core service lines: property management (Kraus Management Inc., Ashton Management Corp.), building maintenance (Kraus Maintenance Inc., Kay Plumbing Inc., H.I. Kaye Electrical Inc., Kraus Elevator Service Inc., plus dedicated painting, roofing/waterproofing, pest control, and site amenities divisions), and security (Kraus Security System Inc., Kraus Hi-Tech Security Inc.), supported by an in-house law firm (Kraus & Kraus LLP) and parking operations (Kraus Parking System Inc.). The company manages over 5,000 residential housing units for both private property owners and Federal, State, and City government agencies, posting 99% rent collection and sub-1% vacancy rates across the portfolio.

The technology stack is operational rather than digital-native: a 24-hour manned electronic video monitoring center, hi-tech audio-video intercom installations, a centralized radio-dispatch system sending rolling-shop vehicles for 24/7 maintenance response, a mobile field office for on-site subsidized-housing recertification, and web-based resident portals (loftliving.com) deployed across 16+ properties. The go-to-market is direct enterprise and government sales with quote-based pricing, leveraging five decades of relationship capital in the affordable and conventional housing sector. Revenue is generated from management fees on managed properties plus fee-for-service maintenance, security, plumbing, elevator, electrical, pest control, and ancillary trades provided both to managed properties and external commercial clients. The company is privately held with no disclosed revenue, funding, or M&A activity, and no identified parent ownership.

Name

The Kraus Organization

Legal name

The Kraus Organization LLC

Website

https://krausinc.com

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

The Kraus Organization is a New York Metro-area real estate services firm that, through ten subsidiaries, provides integrated property management, building maintenance, and security services to over 5,000 residential units for private owners and Federal, State, and City government agencies.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311), Corporate, Subsidiary, and Regional Managing Offices (551114)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

akta.pro secondary industry

Association Maintenance, Vendor & Capital Project Management (BPAJAHAM)

Keywords

• Residential property management
• Building maintenance services
• Commercial security services
• Affordable housing management
• Facilities repair services

Headquarters

HQ city

Long Island City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property Management Services: Comprehensive management services for conventional and affordable housing including field operations, sales & rental, tenant services, recertification, accounting and legal services. Revenue generated from management fees charged to property owners and government agencies.
2. Security Services: Licensed security services including uniformed guards, private investigators, and hi-tech security installations. Provided through Kraus Security System Inc. and Kraus Hi-Tech Security Inc.
3. Maintenance Services: Full-service maintenance including plumbing, electrical, elevator, painting, pest control, roofing, carpentry, and site amenities through subsidiary companies (Kraus Maintenance Inc., Kay Plumbing Inc., H.I. Kaye Electrical Inc., Kraus Elevator Service Inc.)

Go-to-market motion1 record

Distribution channels1 record

Core offering

The Kraus Organization is a multi-dimensional real estate company providing integrated property management, building maintenance, and security services through wholly-owned subsidiary entities. It manages over 5,000 residential housing units in the New York Metro area for both private property owners and government housing agencies, while also offering specialized trade services (plumbing, electrical, elevator, painting, roofing, pest control) to commercial clients. The firm operates a 24-hour manned communications and monitoring center, an in-house hardware department, and a radio-dispatched fleet of rolling-shop service vehicles.

Product overview

The Kraus Organization is a multi-dimensional real estate company that operates through three main divisions: Kraus Maintenance Inc., Kraus Management Inc., and Kraus Security System Inc. Kraus Maintenance provides comprehensive building services including plumbing (Kay Plumbing Inc.), electrical (H.I. Kaye Electrical Inc.), elevator (Kraus Elevator Service Inc.), painting, carpentry, roofing/waterproofing, pest control, and site amenities. Kraus Management offers property management services with specialized departments for field operations, sales and rental, tenant services, recertification, accounting, and legal support. Ashton Management Corp. also operates as part of the organization managing rental and co-op/condo properties. Kraus Security provides uniformed guards, hi-tech security installations, and central monitoring through Kraus Security System Inc. and Kraus Hi-Tech Security Inc. The organization manages over 5,000 residential housing units in the New York Metro area with supporting services in accounting, insurance, legal, R.E. brokerage, and property and market analysis.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Management Services Comprehensive property management for conventional and affordable housing, including field operations, sales and rental, tenant services, recertification, accounting, and legal support, provided to private property owners and government housing agencies in the New York Metro area.
• Building Maintenance Services Full-service building maintenance covering plumbing, electrical, elevator, painting, carpentry, roofing, waterproofing, pest control, and site amenities for residential and commercial properties, supported by a 24-hour radio-dispatched rolling-shop fleet and centralized hardware department.
• Plumbing Services Licensed plumbing and boiler installation and repair services for residential and commercial properties in the New York Metro area, with clients including Gumley Haft, Ivy Walk Construction, Creative Core Inc., and NASDAQ AMEX.
• Electrical Services Licensed electrical services including installations, fixture relocations, new fixtures, outlets, GFI outlets, computer lines, and A/C units for residential and commercial properties.
• Elevator Services Hi-tech elevator installation, modernization, repair, and inspection services for residential, commercial, and institutional buildings.
• Painting Services Professional painting services for residential and commercial properties with riggers, scaffolding, exterior and interior painting capabilities.
• Roofing and Waterproofing Services Roofing installation, repair, and waterproofing services approved as a contractor for Firestone, John Mansville, and Soprema roofing systems.
• Pest Control Services Professional pest control services including rodent and vermin eradication for commercial and residential clients such as Costco Wholesale, United Talmudic Academy, and S.K.I. Home Beverage Depot.
• Site Amenities and Grounds Services Grounds and exterior building maintenance services including playground design, walkways, fencing, and landscaping.
• Security Services Licensed security services including armed and unarmed uniformed trained guards, patrol vehicles, a 24-hour manned electronic video monitoring center, and design and installation of hi-tech audio-video intercom systems, supported by a state-licensed in-house training school.
• Parking Management Services Parking management services for residential and commercial properties operated through Kraus Parking System Inc., with an associated online resident portal.
• Legal Services for Property Management Legal services specializing in landlord and tenant law, including tracking and collection of rent arrears and institution of legal proceedings when necessary, provided in support of property management operations.

Quantifiable outcome

• 99% rent collection rate at managed properties
• +2 more outcomes

Named customers15 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Kraus & Kraus LLPcoreImplementation/ SI/ Consulting PartnerLaw firm specializing in landlord and tenant law that works closely with Kraus Management Inc. to track and collect rent arrears and authorize legal proceedings when necessary.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• FirstService Residential: North America's largest residential property management company with national scale across condo, HOA, and rental. Comparable to Kraus as a property manager for residential associations, but operates at significantly larger scale and broader geography.
• Greystar Real Estate Partners: Global leader in multifamily rental property management and investment. Comparable business model to Kraus Management for conventional rental housing, but operates at vastly larger scale across many U.S. markets.
• Cushman & Wakefield (Residential Management): Global real estate services firm offering residential and multifamily property management among a much broader commercial real estate platform. Overlaps with Kraus in NYC residential management but serves a wider customer base.

Direct peers

• Orsid Realty Corp: Manhattan-based residential property manager handling luxury and conventional rentals, co-ops, and condos. Direct competitor to Kraus Management in the NYC private-owner and co-op/condo segment.
• AKAM Associates: Large NYC-area residential property management company focused on condo, co-op, and managed residential buildings with integrated services. Highly comparable to Kraus in serving co-op/condo associations and offering in-house maintenance and operational support.
• Wavecrest Management: New York-based firm specializing in management of affordable and subsidized housing portfolios, including LIHTC and HUD-assisted properties. Closely comparable to Kraus's affordable housing / government contract segment.
• Rose Associates: New York-based residential property management firm managing a large portfolio of rental, condo, and co-op properties in the NYC metro area. Directly comparable to Kraus Management Inc. in target customer (private owners and co-op/condo boards) and service scope, and similarly long-tenured in the NY market.
• Clinton Management: Residential property management firm serving affordable housing, conventional rentals, and condo/co-op properties in the NYC metro area. Direct overlap with Kraus's customer base and service mix.
• BFC Partners: NYC-based developer and operator of affordable and mixed-income multifamily housing with integrated property management. Comparable to Kraus in affordable housing mandate, though with a stronger development angle.

Regional players

• The Wentworth Group: Northeast-focused property management company serving residential, commercial, and association clients in the NY metro. Comparable scale and customer mix to Kraus, but operates primarily outside the NYC core.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kraus-management

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries10 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 The Kraus Organization