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    Property profile & analytics

    21802 Hempstead Ave Jamaica, NY 11429-1235

    • Investment properties
    • 10,267 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $580,000
    Location Intelligence
    Property ID
    US63-6121965
    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

    • Investment properties

    Property Details for 21802 Hempstead Ave

    Year built
    2005
    Lot size
    0.13 lot acres
    Property size
    10,267 SF
    Zone code
    R3-2
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    11106-0035
    APU
    111060035

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $645,000
      6.5%
      $735,000
      7%
      $730,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $670,000
      Geo Method
      $825,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $575,000
      Retail
      $560,000
      Mixed-Use
      $770,000
      Hospitality
      $690,000
      Educational
      $730,000
      Residential Income
      $705,000
      Energy
      $680,000
      Income-Based Land
      $770,000
      Food Service
      $690,000

    Location Insight

    • Map
    • Local Demand
    City
    Jamaica
    County
    Queens
    State
    New York
    Longitude
    -73.7383
    Latitude
    40.7138
    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
    $52,335
    $147,150
    $346,950
    $494,100
    -
    $327,000
    $771,000
    $1,098,000

    Comparable in this City

    • Value Estimation
      $580,000
      10,661 SF

      21808 Hempstead Ave

      STORE/OFFICE (MIXED USE) • 10,661 SF
      21808 Hempstead Ave, Jamaica, NY 11429-1235
      View Details
    • Value Estimation
      $550,000
      9,526 SF

      21820 Hempstead Ave

      STORE/OFFICE (MIXED USE) • 9,526 SF
      21820 Hempstead Ave, Jamaica, NY 11429-1235
      View Details
    • Value Estimation
      $435,000
      3,352 SF

      11210 Springfield Blvd

      STORE/OFFICE (MIXED USE) • 3,352 SF
      11210 Springfield Blvd, Queens Village, NY 11429-2650
      View Details
    • Value Estimation
      $305,000
      2,185 SF

      10726 Springfield Blvd

      STORE/OFFICE (MIXED USE) • 2,185 SF
      10726 Springfield Blvd, Queens Village, NY 11429-2008
      View Details
    • Value Estimation
      $580,000
      10,183 SF

      21814 Hempstead Ave

      STORE/OFFICE (MIXED USE) • 10,183 SF
      21814 Hempstead Ave, Jamaica, NY 11429-1235
      View Details
    • Value Estimation by Request
      23,700 SF

      9609 Springfield Blvd

      STORE/OFFICE (MIXED USE) • 23,700 SF
      9609 Springfield Blvd, Queens Village, NY 11429-1341
      View Details

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    Similar Nearby for Lease

    • $3,200 /Mo

      Queens Village Apartment for Rent

      Three-bedroom apartment in Queens Village, available immediately.
      10911 225Th St, Jamaica, NY 11429
      View Details
    • Contact for pricing
      9,450 SF

      Queens Village Office Space Available

      Office space for rent near transportation and amenities.
      22230-22240 96Th Ave, Queens Village, NY 11429
      View Details
    • $2,500 /Mo

      Renovated Space For Rent

      Renovated 500 sq ft space suitable for store or office.
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      View Details
    • $3,500 /Mo

      Spacious 3-Bedroom Queens Apartment

      Bright, roomy 3-bedroom apartment in a convenient Queens location.
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      View Details
    • $3,200 /Mo

      Commercial Space on Hempstead Avenue

      Retail, office, or medical space in Queens Village.
      220-29 Hempstead Ave, Jamaica, NY 11429
      View Details
    • Contact for pricing
      14,428 SF

      Hempstead Ave Retail Space For Lease

      Queens Retail Space: 1,248 - 13,000 SF Available
      218-25 Hempstead Ave, Queens, NY 11429
      View Details
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    21802 Hempstead Ave
    Jamaica, NY 11429-1235
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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