MPC Properties

What MPC Properties does

MPC Properties, LLC is a privately held, full-service residential real estate brokerage headquartered at 505 Park Avenue, New York, NY, with operations specialized exclusively in the Jackson Heights neighborhood of Queens. The firm represents buyers and sellers of co-ops, condos, and houses, with particular emphasis on the locally distinctive co-op market and the complex board approval process that governs these transactions. MPC operates as a team within Nest Seekers International, leveraging the larger brokerage's brand, infrastructure, and licensing.

The company's core offering comprises three product lines: buyer representation services (including a proprietary co-op board application template and a referral network of Jackson Heights-experienced attorneys and mortgage bankers), seller representation services built around a multi-channel marketing stack (The New York Times, StreetEasy, Zillow, Trulia, social media, direct mail, outdoor advertising, and storefront displays), and an online property listings portal covering the Jackson Heights inventory. MPC has closed 600+ transactions across 100+ buildings and maintains a 10+ year exclusive relationship with MAXX Properties to represent sponsor units.

MPC generates revenue through traditional real estate commissions on transaction closings, with rates negotiated per deal. Its customer base is dominated by individual residential buyers and sellers in Jackson Heights, supplemented by a recurring enterprise relationship with MAXX Properties for sponsor unit disposition. The firm employs 51-100 people and is led by founder and Licensed Real Estate Broker Michael P. Carfagna, supported by Associate Broker Sean C. Clancey, CFO Dijana Sikimić, and additional licensed agents. There are no indications of external investors, parent organizations, or non-real-estate business lines.

Name

MPC Properties

Legal name

MPC Properties, LLC

Website

https://mpcproperties.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

51–100 employees

Short description

MPC Properties is a privately held New York real estate brokerage specializing in the buying and selling of co-ops, condos, and houses in the Jackson Heights neighborhood of Queens, operating as a team within Nest Seekers International and serving individual residential buyers and sellers.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Real Estate Commission: Traditional real estate brokerage earning commissions on property sales and purchases. The company represents buyers and sellers in residential property transactions in Jackson Heights, Queens, with typical real estate commission structures applied to transaction values.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

MPC Properties is a full-service residential real estate brokerage firm specializing in the buying and selling of co-ops, condos, and houses in Jackson Heights, Queens, New York. The company provides buyer representation with proprietary co-op board application guidance and seller representation with multi-channel marketing strategies including The New York Times, StreetEasy, Zillow, Trulia, and outdoor advertising.

Product overview

MPC Properties operates as a full-service residential real estate brokerage firm specializing in Jackson Heights, Queens. The company functions as a unified brokerage platform offering buyer services (including co-op purchase guidance with proprietary board application templates), seller services (multi-channel marketing across The New York Times, StreetEasy, Zillow, Trulia, and social media), and an online property listings platform. The company is affiliated with Nest Seekers International and has been representing sponsor units for MAXX Properties for over 10 years. The portfolio includes co-op, condo, and house listings spanning from affordable studios to multi-bedroom residences in historic pre-war buildings.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Brokerage Services Full-service residential real estate brokerage specializing in the sale of co-ops, condos, and houses in Jackson Heights, Queens. The company provides buyer representation with board application guidance and seller representation with multi-faceted marketing strategies.
• Buyer Representation Services
• Seller Representation Services
• Property Listings Platform
• Co-op Apartment Listings

Quantifiable outcome

• Over 600 properties successfully closed in Jackson Heights
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• Nest Seekers InternationalcoreChannel Partner/ Reseller/ DistributorMPC Properties operates as a team within Nest Seekers International, a real estate brokerage firm. This affiliation provides the company with brand recognition, listing infrastructure, and brokerage licensing support.
• MAXX PropertiescoreStrategic or Co-development PartnerMPC Properties has represented sponsor units for MAXX Properties for over 10 years. MAXX Properties is a property sponsor with multiple units in Jackson Heights. This long-standing relationship has produced consistent selling outcomes for both parties.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Corcoran Group: Major NYC and Hamptons-focused residential brokerage. Same core product (residential resale brokerage), same target customer (NYC buyers/sellers), and same commission-based revenue model, though at significantly greater scale.
• RE/MAX: Global residential real estate franchise with strong agent network. Same product (residential brokerage) and commission-based model, though nationally distributed; relevant as a benchmark for franchise-driven scale and brand reach.
• Compass: One of the largest U.S. residential brokerages with significant NYC and Queens presence. Competes for the same buyers, sellers, and agents as MPC but at national scale, with a technology platform and marketing budget that dwarf MPC's.
• Douglas Elliman: Long-established NYC residential brokerage with deep co-op and condo expertise. Comparable in product (residential brokerage) and customer base, with similar emphasis on Manhattan/Queens luxury and pre-war inventory.
• Brown Harris Stevens: Premier NYC residential brokerage specializing in co-ops, condos, and townhouses. Overlaps directly with MPC in NYC co-op brokerage, particularly in pre-war and historic districts similar to Jackson Heights' landmark buildings.

Emerging players

• Triplemint: Tech-enabled NYC residential brokerage that pairs agents with data-driven lead generation. Comparable in product (residential brokerage) and customer base, but differentiates through a proprietary technology platform — a potential disruptive threat to traditional specialists like MPC.

Direct peers

• Nest Seekers International: Parent brokerage under which MPC operates as a team. Directly comparable NYC residential brokerage with a similar sales-led model and luxury/co-op exposure, providing the same listing infrastructure, MLS, and licensing backbone MPC relies on.
• Bond New York: NYC residential brokerage with deep Queens, Brooklyn, and Manhattan coverage. Closely comparable product offering (co-op/condo/townhouse sales) and customer base, and a similar neighborhood-specialist positioning.
• Coldwell Banker Warburg: NYC residential brokerage formed by combining Coldwell Banker's Manhattan operations with Warburg Realty. Direct overlap in NYC co-op/condo brokerage, with a similar focus on established residential buildings.
• Halstead Real Estate: NYC-focused residential brokerage with strong presence in Manhattan, Brooklyn, and Queens. Directly comparable in product mix (co-op/condo brokerage) and target segments, including family-oriented neighborhood markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Customer concentration

• Facebookfacebook.com/MPCPropertiesLLC
• Instagraminstagram.com/mpcpropertiesllc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 MPC Properties