KP Developers
182-11 Union Turnpike, Queens, New York 11366
People:
KP Developers NYC portfolio
$101.4 million -elevator 27%, walkup 16%, retail 16%; Queens 46%, Manhattan 30%, Brooklyn 22%*
1511th largest portfolio by dollar value
219,859 sqft – elevator 32%, walkup 21%, mixed-use 16%; Manhattan 35%, Queens 34%, Brooklyn 29%
1483th largest by SF
31 properties – Queens 41%, Manhattan 35%, Brooklyn 22%
323th largest
175 residential units – Manhattan 63%, Brooklyn 32%, Queens 4%
1280th largest by residential units
Company Activity past 24 months:
Buyer company: 8 for $30 million
Seller company: 1 for $1.8 million
Borrower company: 2 for $12.6 million
Developer (new building or major alteration): 4 for 15,994 square feet
Top Ten Associated Companies:
Angelo C. Barbosa (1), Catholic Charities Brooklyn & Queens (1), Axos Bank (1), Chabad Young Professionals (1), Lijing Yuan (1), Amalgamated Bank (1)
Top Ten Associated People:
Angelo C. Barbosa (1), Emmie Glynn Ryan (1), Levi Shmotkin (1), Lijing Yuan (1)
Recent activity as company:
• David Fung sold None for $2.1 million to KP Developers on May 26, 2026.
• John Blaha sold None for $4.5 million to KP Developers on March 16, 2026.
• KP Developers for Ryan Pedram filed plans for new building for 3,315 sqft in Edenwald, Bronx, on February 04, 2026.
• KP Developers for Ryan Pedram filed plans for new building for 3,315 sqft in Edenwald, Bronx, on February 04, 2026.
• KP Developers for Ryan Pedram filed plans for new building for 3,315 sqft in Edenwald, Bronx, on February 04, 2026.
• Russell Abramson sold None for $2.4 million to Fereydoun Khalili and KP Developers on January 29, 2026.
• KP Developers for Ryan Pedram filed plans for new building for 6,049 sqft in Bushwick, Brooklyn, on October 24, 2025.
• KP Developers sold 110-18 Corona Avenue for $1.8 million to Lijing Yuan on October 03, 2025.
• Karen Grando sold 68-06 Woodside Avenue for $2 million to KP Developers and Kalico Group on August 14, 2025.
• KP Developers borrowed $5.2 million from Amalgamated Bank for 40-02 108 Street on June 30, 2025.
Latest Stories:
• KP Developers pays $2.4M for retail in Middle Village (February 05, 2026)
• KP Developers pays $2.8M through REO sale for 8-unit walkup in Bedford Stuyvesant (June 19, 2025)
• Fereydoun Khalili, KP Developers pay $11.4M for office in Jackson Heights (March 11, 2025)
• Vision Enterprises signs $7.2M refi for office in Jackson Heights (January 29, 2025)
• KP Developers pays $2.9M to Henry Grunbaum for industrial in Bushwick (July 11, 2024)
• KP Developers pays $2.5M for 8-unit walkup in Greenpoint (January 04, 2024)
• Chabad Young Professionals pays $5M to KP Developers for two properties in Chelsea (June 29, 2023)
• KP Developers pays $8.2M for retail in Corona (June 06, 2022)
Properties:
