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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Retail space
19021 Jamaica Ave, Jamaica, NY 11423-2548
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US63-5985361
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1931
Total area
3,830 SF
Lot
0.15 ac (6,649 SF)
Zoning code
R5
APN
10446-0034
UPID
US63-5985361
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
Current use
Occupant on record · Public records
-
F C Consulting Engineers Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.05M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$980k
Owner & transaction history
190-21 LLC · 17 yrs held
190-21 LLC
since 2009
7 recorded transactions
Zoning & alternative use
R5 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,140,000
6.5%
$1,050,000
7%
$975,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,415,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±10%
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
$256 / 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
$36,072
Tax year 2024
Assessed value
$356,400
Assessed 2024
Previous assessed
$342,450
+4.1% YoY
Effective rate
10.12%
On assessed value
Assessed land
$164,700
Assessed improvement
$191,700
Land market value
$366,000
Improvement market value
$426,000
Total market value
$792,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1931
Heating
NONE
Buildings
1
Stories
1
Units
4
Total area
3,830 SF
Lot
0.15 ac (6,649 SF)
Zoning code
R5
APN
10446-0034
UPID
US63-5985361
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R5 · Jamaica, NY
Zoning R5 · permitted uses
R5 · 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
OFFICE BUILDING
Est. value
$1.4M
OFFICE BUILDING
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
1931
Heating
NONE
Stories
1
Buildings
1
Units
4
Lot
0.15 ac
Current owner
From public records · entity-resolved
190-21 LLC
Entity
Mailing address
19021 JAMAICA AVE, JAMAICA, NY 11423-2548
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2026
—
190-21 LLC
—
Deed
related
$600,000 · Webster Bk NA
May 27, 2025
—
190-21 LLC
—
Deed
related
$200,000 · Five Towns Funding LLC
Mar 18, 2024
—
190-21 LLC
—
Deed
related
$1,000,000 · Five Towns Investors
Aug 7, 2023
—
190-21 LLC
—
Deed
related
$653,553 · Five Towns Investors
Apr 6, 2020
—
190-21 LLC
—
Deed
related
$115,000 · Flushing Bk
Sep 20, 2018
—
190-21 LLC
—
Trustees Deed
related
$500,000 · Manhattan Bridge Cap
May 18, 2018
—
190-21 LLC
—
Trustees Deed
related
$300,000 · Manhattan Bridge Cap
May 1, 2017
—
190-21 LLC
—
Deed
related
$120,000 · Cw Funding LLC
Jun 15, 2009
$684,000
190-21 LLC
Or Homes INC
Grant Deed
—
Feb 23, 2007
$800,000
Or Homes INC
Jacob Thunduparampil
Deed
$800,000 · Amk Capital Corp As Agent
—
—
190-21 LLC
—
Deed Of Trust
related
$115,000 · Flushing Bk
—
—
190-21 LLC
—
Loan Modification
related
$915,000 · Flushing 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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