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

$61.9 million -industrial 54%, B2 25%, development 19%; Brooklyn 54%, Bronx 45%*

2022th largest portfolio by dollar value

8,608 sqft – industrial 75%, B2 24%; Brooklyn 75%, Bronx 24%

6468th largest by SF

3 properties – Bronx 66%, Brooklyn 33%

2828th largest

29 residential units – Bronx 100%

3326th largest by residential units

Company Activity past 24 months:

Buyer company: 2 for $4.3 million

Borrower company: 4 for $53 million

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

Top Ten Associated Companies:

NorthEast Community Bank (1), First County Bank (1), IceCap Group (1), OakNorth Bank (1)

Top Ten Associated People:

Gregory B. Monteith (1)

Recent activity as company:

Indigo Developers borrowed $12 million from NorthEast Community Bank for 1973 Crotona Avenue, Tremont, Bronx on June 25, 2026.

• Diomedes Quezada sold 1973 Crotona Avenue, Tremont, Bronx for $1.8 million to Indigo Developers on June 25, 2026.

Indigo Developers borrowed $9 million from First County Bank for 650 East 213 Street on June 10, 2026.

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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