Le Havre Owners Corporation

Name

Le Havre Owners Corporation

Legal name

Le Havre Owners Corp LLC

Website

https://lhocorp.com

Company type

Private

Founded year

1958

Operating status

Operating

Ownership category

akta.pro rank

Headquarters

HQ city

Whitestone

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Others

Revenue model

1. Cooperative Housing Revenue: Le Havre Owners Corporation generates revenue through monthly maintenance fees paid by shareholders, refinancing fees, and resale/share transfer fees. As a cooperative housing corporation, residents purchase shares in the corporation that entitle them to occupy a specific unit, with ongoing monthly carrying charges covering building expenses, taxes, and debt service.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Le Havre Owners Corporation operates a 28-acre waterfront residential cooperative housing community in Whitestone, Northeast Queens, NY, consisting of 1-, 2-, and 3-bedroom luxury apartments. Residents purchase shares in the corporation entitling them to occupy a unit, with monthly maintenance fees covering building operations, taxes, and debt service. The community includes shared amenities such as two swimming pools, a health club, a café (Compton's Sandwich Shop at Le Club), tennis courts, playgrounds, and a clubhouse.

Product overview

Le Havre On the Water is a single, unified residential co-op community offering waterfront living in Northeast Queens. The community consists of luxurious apartments located on 28 park-like acres with amenities including two swimming pools, a fitness center/health club, café (Compton's Sandwich Shop at Le Club), three tennis courts, two children's playgrounds, and a clubhouse. The property offers apartment layouts in three sizes: 1 Bedroom (approximately 882 sq ft), 2 Bedroom (approximately 1,014 sq ft), and 3 Bedroom (approximately 1,144 sq ft). The community was originally built in 1958 and converted from luxury rental apartments to a co-op on September 12th, 1984.

Differentiator

Problem solved

Functional benefit

Products and services

• Co-op Share Ownership at Le Havre On the Water

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Shares of New YorkcoreChannel Partner/ Reseller/ DistributorShares of New York operates an on-site sales office at Le Havre handling resales and new share purchases for the cooperative.

Scale indicators2 records

Recent moves4 records

Broad incumbents

• The Related Companies: Large New York real estate developer and operator with significant affordable and market-rate multifamily housing exposure. Comparable in operating NYC residential housing at scale, though it is a developer/manager rather than a resident-owned co-op.
• Equity Residential: Large publicly traded multifamily REIT operating urban and suburban apartment communities. Comparable in operating apartment buildings at scale with amenity packages, though differs fundamentally in ownership model (institutional rental REIT vs. shareholder co-op).
• AvalonBay Communities: Multifamily REIT operating a national portfolio of apartment communities with amenity-rich properties in the NY metro area. Comparable as an operator of multifamily housing with shared amenities, though it owns for-rent rather than co-op.
• Rose Associates: Major New York-based residential property manager overseeing a large portfolio of multifamily and mixed-use properties. Comparable as a third-party operator of NYC residential real estate, though it manages for institutional owners rather than resident shareholders.

Direct peers

• Shorefront Cooperative: Waterfront-adjacent residential cooperative in the NY metropolitan area offering similar shareholder ownership and amenity-driven community living. Directly comparable as a co-op with waterfront positioning and a residential rather than transient-stay model.
• Penn South Cooperative: Residential cooperative complex in Chelsea, Manhattan offering thousands of units under shareholder ownership with shared amenities. Comparable as a NYC residential co-op with similar board-approval sales process and recurring maintenance fee revenue model.
• Co-op City (Riverbay Corp): The largest residential cooperative housing development in the world, located in the Bronx, NY. Operates the same shareholder-owned co-op model with multiple residential buildings, shared amenities, and resident board governance - directly comparable in ownership structure and operating model to Le Havre.
• Parkchester Apartments: Large residential cooperative complex in the Bronx with multiple mid-rise buildings, courtyards, and on-site amenities. Comparable as a NYC residential co-op operating under a similar shareholder ownership and amenitized community model.
• Starrett City (Spring Creek Towers): Large residential cooperative complex in East New York, Brooklyn, comprising multiple high-rise buildings with shared amenities and a private security patrol. Comparable as a multi-building NYC co-op with a unified shareholder governance structure.
• Rochdale Village: Residential cooperative community in Queens, NY, comprising multiple high-rise buildings with shared amenities and shareholder governance. Comparable as a NYC residential co-op, with particularly close geographic proximity to Le Havre in Queens.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Le Havre Owners Corporation