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    Property profile & analytics

    15002 Hillside Ave Jamaica, NY 11432-3320

    • Retail residential properties
    • 50,695 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $5,570,000
    Last Sale
    Feb 25, 2022
    $6,000,000
    Location Intelligence
    Property ID
    US63-2027790
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail residential properties

    Property Details for 15002 Hillside Ave

    Year built
    2022
    Lot size
    0.27 lot acres
    Property size
    50,695 SF
    Zone code
    R7A
    Property type
    Retail residential properties
    APN
    09697-0008
    APU
    96970008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,490,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,805,000
      6.5%
      $5,870,000
      7%
      $6,560,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,210,000
      Geo Method
      $6,055,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,690,000
      Retail
      $6,005,000
      Mixed-Use
      $4,955,000
      Hospitality
      $6,785,000
      Educational
      $5,060,000
      Residential Income
      $6,340,000
      Energy
      $5,970,000
      Income-Based Land
      $5,120,000
      Food Service
      $6,355,000

    Location Insight

    • Map
    • Local Demand
    City
    Jamaica
    County
    Queens
    State
    New York
    Longitude
    -73.8062
    Latitude
    40.7064
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $281,014
    $359,100
    $1,888,650
    $2,247,750
    -
    $798,000
    $4,197,000
    $4,995,000

    Comparable in this City

    • Value Estimation by Request
      20,020 SF

      9022 160th St

      STORE/OFFICE (MIXED USE) • 20,020 SF
      9022 160th St, Jamaica, NY 11432
      View Details
    • Value Estimation by Request
      3,000 SF

      17022 Jamaica Ave

      STORES & APARTMENTS • 3,000 SF
      17022 Jamaica Ave, Jamaica, NY 11432-5220
      View Details
    • Value Estimation
      $1,385,000
      3,451 SF

      16922 Hillside Ave

      STORE/OFFICE (MIXED USE) • 3,451 SF
      16922 Hillside Ave, Jamaica, NY 11432-4435
      View Details
    • Value Estimation
      $1,435,000
      3,589 SF

      16523 Hillside Ave

      STORES & APARTMENTS • 3,589 SF
      16523 Hillside Ave, Jamaica, NY 11432-4134
      View Details
    • Value Estimation by Request
      27,840 SF

      17714 Wexford Ter

      STORES & APARTMENTS • 27,840 SF
      17714 Wexford Ter, Jamaica, NY 11432-2970
      View Details
    • Value Estimation
      $4,815,000
      14,298 SF

      8718 Avon St

      STORES & APARTMENTS • 14,298 SF
      8718 Avon St, Jamaica, NY 11432
      View Details

    Similar Nearby for Sale

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    • New
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      0.04 Acres

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      Mixed-use property with medical office and apartments near transportation.
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    Similar Nearby for Lease

    • $6,000 /Mo
      560 SF

      Mixed-Use Retail Building in Jamaica

      Two-story, 3700 SF mixed-use building in Queens, close to transportation.
      90-01 Merrick Blvd, Jamaica, NY 11432
      View Details
    • $8,000 /Mo
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      Jamaica Avenue Retail Space Available

      Prime retail space in a new mixed-use building in Jamaica.
      172-18 Jamaica Ave, Jamaica, NY 11432
      View Details
    • $19,792 /Mo
      9,500 SF

      Versatile Space in Jamaica, NY

      9,500 sq ft space in a vibrant, growing neighborhood.
      89-48 164Th St, Jamaica, NY 11432
      View Details
    • Contact for pricing
      4,870 SF

      Prime Queens Medical Office Space

      1-Story Medical Office, 4,870 SF Available
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      View Details
    • Contact for pricing
      3,117 SF

      Retail Space on Merrick Blvd

      Newly developed retail space in high-traffic Laurelton corridor.
      221-26 Merrick Blvd, Laurelton, NY 11432
      View Details
    • $3,400 /Mo

      Three-Bedroom Apartment for Rent

      Spacious three-bedroom apartment near transportation, shops, and restaurants.
      175-11 90Th Ave, Jamaica, NY 11432
      View Details
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    Jamaica, NY 11432-3320
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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