Indigo Developers

(Indigo Contracting)

Owner|Developer

51 Forest Rd suite 316-76, Monroe, NY 27513

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indigodevelopers.com

People:

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Indigo Developers NYC portfolio

$42.6 million -industrial 79%, development 20%; Brooklyn 79%, Bronx 20%*

2418th largest portfolio by dollar value

6,532 sqft – industrial 100%; Brooklyn 100%

6836th largest by SF

2 properties – Bronx 50%, Brooklyn 50%

3774th largest

27 residential units – Bronx 100%

3372th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $2.5 million

Borrower company: 2 for $32 million

Developer (new building or major alteration): 2 for 27,433 square feet

Top Ten Associated Companies:

IceCap Group (1), OakNorth Bank (1)

Recent activity as company:

Indigo Developers for Yanky Indig filed plans for new building for 6,088 sqft in Bedford Park, Bronx, on May 14, 2026.

• John Papa sold None for $2.5 million to Indigo Developers on March 30, 2026.

Indigo Developers borrowed $25.5 million from OakNorth Bank for None on March 30, 2026.

Indigo Developers and Joel Steinmetz borrowed $6.5 million from IceCap Group for 650 East 213 Street on May 06, 2025.

Indigo Developers for Yanky Indig filed plans for new building for 21,345 sqft in Olinville, Bronx, on March 04, 2025.

Properties:

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