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Property profile & analytics
OFF-MARKET
Estimated value
$1,820,000
Retail space
19913 Linden Blvd, Jamaica, NY 11412-3221
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-1886592
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1933
Total area
8,175 SF
Lot
0.24 ac (10,358 SF)
Zoning code
R5B
APN
11071-0006
UPID
US63-1886592
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
-
Food Corporation Food Market Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.44M
CAP Approach
CAP
$2.25M
Comparable Approach
Comparable
$2.52M
Blend (final)
Blend
$1.82M
Owner & transaction history
Sanaa Property Corp. · 4 yrs held
Sanaa Property Corp.
since 2021
Last sale
$2.0M
5 recorded transactions
Zoning & alternative use
R5B · 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
$1,500,000
ML approach
$1,435,000
CAP Approach
CAP Return
Estimation
6%
$2,430,000
6.5%
$2,245,000
7%
$2,085,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,025,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.82M
Range $1.64M – $2.00M · ±10% · vs last sale $2.00M (Oct 6 2021)
Last sale anchor
$2.00M
Oct 6 2021
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
$223 / 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
$41,210
Tax year 2024
Assessed value
$400,950
Assessed 2024
Previous assessed
$382,950
+4.7% YoY
Effective rate
10.28%
On assessed value
Assessed land
$233,100
Assessed improvement
$167,850
Land market value
$518,000
Improvement market value
$373,000
Total market value
$891,000
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
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
1933
Heating
NONE
Buildings
1
Stories
1
Units
5
Total area
8,175 SF
Lot
0.24 ac (10,358 SF)
Zoning code
R5B
APN
11071-0006
UPID
US63-1886592
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R5B · Jamaica, NY
Zoning R5B · permitted uses
R5B · 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
$3.0M
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
1933
Heating
NONE
Stories
1
Buildings
1
Units
5
Lot
0.24 ac
Current owner
From public records · entity-resolved
Sanaa Property Corp.
Entity
Mailing address
19913 LINDEN BLVD, SAINT ALBANS, NY 11412-3221
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2021
$2,000,000
Sanaa Property Corp.
Karan Jaichan
Deed
$1,150,000 · Jaichan, Karan K
May 5, 2016
—
Karan K Jaichan
—
Deed
related
$777,253 · Indus American Bk
Apr 29, 2015
—
Karan K Jaichan
Jaichan Karan K & Iena D
Quit Claim Deed
related
—
—
—
Karan K Jaichan
—
Loan Modification, Consolidation And Extension
related
$777,253 · Indus American Bk
—
—
Karan K Jaichan
—
Deed Of Trust
related
$700,000 · Greenpoint Mortgage Funding
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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