New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,300,000
Office buildings
11217 Liberty Ave, Jamaica, NY 11419-1845
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-0762356
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1930
Total area
2,960 SF
Lot
0.09 ac (3,768 SF)
Zoning code
R6B
APN
09517-0022
UPID
US63-0762356
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.30M
CAP Approach
CAP
$1.60M
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$2.30M
Owner & transaction history
11217 Liberty Ave Ny LLC · 2 yrs held
11217 Liberty Ave Ny LLC
since 2024
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
R6B · Jamaica, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Jamaica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jamaica submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,300,000
ML approach
$2,300,000
CAP Approach
CAP Return
Estimation
6%
$1,735,000
6.5%
$1,600,000
7%
$1,485,000
Blend value · Realmo final
$2.30M
Range $2.07M – $2.53M · ±10% · vs last sale $2.30M (Mar 7 2024)
Last sale anchor
$2.30M
Mar 7 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$777 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$31,487
Tax year 2024
Assessed value
$300,600
Assessed 2024
Previous assessed
$292,050
+2.9% YoY
Effective rate
10.47%
On assessed value
Assessed land
$23,850
Assessed improvement
$276,750
Land market value
$53,000
Improvement market value
$615,000
Total market value
$668,000
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1930
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
2,960 SF
Lot
0.09 ac (3,768 SF)
Zoning code
R6B
APN
09517-0022
UPID
US63-0762356
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6B · Jamaica, NY
Zoning R6B · permitted uses
R6B · Jamaica, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jamaica. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
11217 Liberty Ave Ny LLC
Entity
Mailing address
55 W OLD COUNTRY RD, HICKSVILLE, NY 11801-4037
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2024
—
11217 Liberty Ave Ny LLC
—
Deed
related
$963,000 · Rbac
Mar 7, 2024
$2,300,000
11217 Liberty Ave Ny LLC
Ralph R. Realty, LLC
Deed
$1,175,000 · Morgan Stanley Bank, N.a.
Aug 5, 2021
$1,808,000
Ralph R. Realty, LLC
Richard L. Stern As Trustee
Deed
—
Aug 28, 2017
—
Namb & Assoc INC
—
Loan Modification, Consolidation And Extension
related
$950,000 · Liberty Avenue Funding LLC
Jan 9, 2012
—
Namb & Assoc INC
Northamerican Mtg Bankers INC
Grant Deed
$150,000 · Habib American Bank
Apr 1, 2005
—
Northamerican Mortgage Bankers
Kaliber Financing INC
Grant Deed
related
$250,000 · Greenpoint Mortgage Funding
—
—
Northamerican Mtg Bankers INC
—
Deed Of Trust
related
$650,000 · Lawrence Management Co
—
—
Namb & Assoc INC
—
Deed Of Trust
related
$800,000 · Habib American Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11217 Liberty Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
