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Property profile & analytics
OFF-MARKET
Estimated value
$2,865,000
Super regional malls
15029 Crossbay Blvd, Jamaica, NY 11417-2961
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-4287817
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2014
Total area
21,005 SF
Lot
0.78 ac (34,135 SF)
Zoning code
R4
APN
11544-0100
UPID
US63-4287817
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
$2.87M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.87M
Owner & transaction history
Bp Wildcats LLC · 1 yrs held
Bp Wildcats LLC
since 2024
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
R4 · Jamaica, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.9M
+1,190.9%
Auto repair, garage
$3.7M
+1,102.1%
Commercial (general)
$2.6M
+744.8%
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
$2,865,000
ML approach
$2,865,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,925,000
Change: +1,191% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,655,000
Change: +1,102% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,570,000
Change: +745% · Conversion: Easy
OFFICE BUILDING
$2,495,000
Change: +720% · Conversion: Moderate
RETAIL STORES
$2,370,000
Change: +679% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,770,000
Change: +483% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,735,000
Change: +470% · Conversion: Difficult
Blend value · Realmo final
$2.87M
Range $2.58M – $3.15M · ±10% · vs last sale $2.86M (Oct 21 2024)
Last sale anchor
$2.86M
Oct 21 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
$136 / 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
$238,272
Tax year 2024
Assessed value
$2,249,550
Assessed 2024
Previous assessed
$2,249,550
+0.0% YoY
Effective rate
10.59%
On assessed value
Assessed land
$814,050
Assessed improvement
$1,435,500
Land market value
$1,809,000
Improvement market value
$3,190,000
Total market value
$4,999,000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2014
Heating
NONE
Stories
1
Units
4
Total area
21,005 SF
Lot
0.78 ac (34,135 SF)
Zoning code
R4
APN
11544-0100
UPID
US63-4287817
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R4 · Jamaica, NY
Zoning R4 · permitted uses
R4 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.5M
RETAIL STORES
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Heating
NONE
Stories
1
Units
4
Lot
0.78 ac
Current owner
From public records · entity-resolved
Bp Wildcats LLC
Entity
Free & Clear · 1 yrs held
Mailing address
767 5TH AVE #200, NEW YORK, NY 10153-0023
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2024
$2,864,911
Bp Wildcats LLC
Metro Franchising Bakery, LLC
Deed
—
Oct 30, 2015
—
150-03 LLC
Koptiev,arthur
Grant Deed
—
Apr 30, 2015
—
Arthur Koptiev
8101 Flatlands LLC
Grant Deed
—
Jan 30, 2015
—
8101 Flatlands LLC
—
Loan Modification
related
$11,000,000 · * Other Institutional Lenders
Jun 18, 2014
—
349 Nostrand LLC
—
Loan Modification
related
$10,900,000 · Prime Pt Fndg LLC
Mar 4, 2013
$3,500,000
8101 Flatlands LLC
Magnolia Plaza LLC
Grant Deed
—
Oct 22, 2012
—
Magnolia Plaza LLC
Mcdonald,joan
Grant Deed
—
Jun 17, 2008
—
Magnolia Court Condo INC
Sam Development LLC
Grant Deed
related
—
Sep 22, 2005
$115,000
Sam Development L L C
City Of New York
Grant Deed
—
Sep 22, 2005
—
Magnolia Plaza LLC
Sam Development LLC
Grant Deed
related
—
Apr 27, 2005
$481,650
Ravinda Khare
Sam Development LLC
Deed
$377,500 · Jpmorgan Chase Bank NA
—
—
102 Metro LLC
—
Loan Modification
related
$15,500,000 · Prime Pt Fndg LLC
—
—
8101 Flatlands LLC
—
Deed Of Trust
related
$3,000,000 · % Gcp Capital Group LLC % Gcp Capital Group LLC
—
—
8101 Flatlands LLC
—
Loan Modification
related
$1,400,000 · Other Institutional Lenders
—
—
150-03 LLC
—
Loan Modification
related
$4,400,000 · Other Institutional Lenders
—
—
150-03 LLC
—
Loan Modification
related
$8,000,000 · Signature Bk
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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