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Property profile & analytics
OFF-MARKET
Estimated value
$12,700,000
Motels
13868 94th Ave, Jamaica, NY 11435-4402
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-2317132
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2003
Total area
21,375 SF
Lot
0.22 ac (9,650 SF)
Zoning code
C4-5X
APN
09991-0019
UPID
US63-2317132
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
$9.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.70M
Owner & transaction history
Njnmp LLC · 3 yrs held
Njnmp LLC
since 2023
Last sale
$17.2M
7 recorded transactions
Zoning & alternative use
C4-5X · 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
$17,040,000
ML approach
$9,515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.70M
Range $11.43M – $13.97M · ±10% · vs last sale $17.24M (May 23 2023)
Last sale anchor
$17.24M
May 23 2023
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
$594 / 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
$224,744
Tax year 2024
Assessed value
$2,149,649
Assessed 2024
Previous assessed
$2,287,250
-6.0% YoY
Effective rate
10.45%
On assessed value
Assessed land
$167,850
Assessed improvement
$1,981,799
Land market value
$373,000
Improvement market value
$4,403,998
Total market value
$4,776,998
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2003
Heating
NONE
Buildings
1
Stories
5
Units
1
Total area
21,375 SF
Lot
0.22 ac (9,650 SF)
Zoning code
C4-5X
APN
09991-0019
UPID
US63-2317132
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C4-5X · Jamaica, NY
Zoning C4-5X · permitted uses
C4-5X · 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
2003
Heating
NONE
Stories
5
Buildings
1
Units
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Njnmp LLC
Entity
Mailing address
266 BROADWAY STE #403, BROOKLYN, NY 11211-6499
Ownership since
2023
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
Jul 1, 2025
—
138-68 94 Ave LLC
—
Deed
related
$1,191,677 · Popular Bank
May 23, 2023
—
Njnmp LLC
Hariohm Realty LLC
Deed
—
May 23, 2023
$17,239,000
138-68 94 Ave LLC
Hariohm Realty LLC
Deed
$9,938,207 · Popular Bank
Oct 5, 2018
—
Retreat Housing LLC
—
Grant Deed
related
$6,500,000 · Metropolitan Com'l Bk
Jul 9, 2012
$1,000,000
Hariohm Realty LLC
Morico,louis
Grant Deed
$2,639,718 · Country Bank
—
—
Hari Ohm Realty LLC
—
Deed Of Trust
related
$500,000 · 475 Gerard LLC
—
—
Hariohm Realty LLC
—
Deed Of Trust
related
$4,500,000 · Country Bank
—
—
Harshad Patel
—
Deed Of Trust
related
$2,200,000 · Indus 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.
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