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Property profile & analytics
OFF-MARKET
Estimated value
$3,065,000
Gas stations
19629 Hillside Ave, Jamaica, NY 11423-2124
Entity Owned
8-yr Hold
Free & Clear
Property ID
US63-6169189
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1956
Total area
1,950 SF
Lot
0.39 ac (17,000 SF)
Zoning code
R3-2
APN
10509-0265
UPID
US63-6169189
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
-
MUKTI 166 (Mukti Petroleum) Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.58M
Blend (final)
Blend
$3.07M
Owner & transaction history
Spartan Petroleum Corp · 8 yrs held
Spartan Petroleum Corp
since 2018
7 recorded transactions
Zoning & alternative use
R3-2 · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.07M
Range $2.76M – $3.37M · ±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
$1,572 / 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
$64,365
Tax year 2024
Assessed value
$690,300
Assessed 2024
Previous assessed
$583,560
+18.3% YoY
Effective rate
9.32%
On assessed value
Assessed land
$164,700
Assessed improvement
$525,600
Land market value
$366,000
Improvement market value
$1,168,000
Total market value
$1,534,000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1956
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
1,950 SF
Lot
0.39 ac (17,000 SF)
Zoning code
R3-2
APN
10509-0265
UPID
US63-6169189
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R3-2 · Jamaica, NY
Zoning R3-2 · permitted uses
R3-2 · 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
1956
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Spartan Petroleum Corp
Entity
Free & Clear · 8 yrs held
Mailing address
3333 NEW HYDE PARK RD STE #201, NEW HYDE PARK, NY 11042-1205
Ownership since
2018
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 31, 2020
—
Spartan Petroleum Corp
—
Deed
related
$3,954,057 · Valley Nat'l Bk
Feb 14, 2018
$3,500,000
Spartan Petroleum Corp
Hillside 196th Realty LLC
Grant Deed
—
Feb 14, 2018
—
Spartan Petroleum Corp
—
Deed
related
$4,200,000 · Valley Nat'l Bk
Apr 2, 2007
$1,700,000
Hillside 196th Realty LLC
Fieber,norman & Norman A
Grant Deed
$1,275,000 · Realty Unlimited LLC
—
—
Spartan Petroleum Corp
—
Loan Modification
related
$3,954,057 · Valley Nat'l Bk
—
—
Hillside 196th Realty LLC
—
Deed Of Trust
related
$2,455 · State Bank Of Long Island
—
—
Hillside 196th Realty LLC
—
Loan Modification, Consolidation And Extension
related
$1,275,000 · Valley Nat'l Bk
—
—
Spartan Petroleum Corp
—
Loan Modification, Consolidation And Extension
related
$4,200,000 · Valley Nat'l 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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