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Property profile & analytics

19502 Sagamore Ave Jamaica, NY 11423

  • Auto shops
  • 8,500 SF
  • 0.20 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-2863646
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

  • Houston Brothers On the Spot / Auto Repair Shop

Property Details for 19502 Sagamore Ave

Year built
1911
Lot size
0.20 lot acres
Property size
8,500 SF
Zone code
R5
Property type
Auto shops
APN
10817-0061
APU
108170061

Description

This exceptional 16,000 square foot commercial property presents a remarkable investment opportunity for discerning buyers. Located at 19502 Sagamore Avenue in Hollis, New York, this expansive site boasts significant potential for redevelopment or continued operation as a commercial space. The property's substantial size allows for a wide range of uses, making it ideal for investors seeking high-return ventures or builders envisioning a large-scale project. Its strategic location offers unparalleled convenience, situated adjacent to the Long Island Rail Road (LIRR) station, ensuring excellent accessibility for commuters and employees. The R5 zoning classification provides flexibility in terms of permitted uses, further enhancing the property's appeal. The substantial footprint of the building offers ample space for various commercial endeavors, from retail and office spaces to light industrial uses. This is a rare opportunity to acquire a significant commercial property in a prime location with considerable upside potential. The property is being offered at $6,999,500. Serious inquiries only. The property is sold as-is.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $455,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $649,000
    Market price range: $477k - $1.86M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Jamaica
County
Queens
State
New York
Longitude
-73.7651
Latitude
40.7108
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
$44,890
$50,850
$391,050
$441,900
-
$113,000
$869,000
$982,000
More about this property
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