Financial
Distress signals
Property profile

24709 Jericho Tpke Jamaica, NY 11426

OFF-MARKET
Other investment properties
Property ID
US63-3406719
5,200 SF 0.06 ac lot Built 1931
Last sale May 1998 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 26-yr Hold Held for 26 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is situated on Jericho Turnpike near the Cross Island Parkway along the Queens/Long Island border, in an area primarily surrounded by residential homes and close to retail and service businesses. It includes a 2,800-square-foot space on the second floor configured for office use, with multiple rooms, office areas, two bathrooms, and a kitchenette. The space was historically used for small safety-education classes and is suited for office-type activities such as mortgage services,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$25k
Tax billed · 2024
Assessed value$299k
Assessed land$45k
Assessed improvement$254k
Effective rate8.44%

Value estimate

· Sep 2026
$390k
$351k – $429k
CAP approach$1.03M
Sales comparison$651k

Realmo valuation models over county records and 27 qualifying comparable sales.

Recently sold

What actually traded nearby?
$312/SF
Submarket average, outlier-cleaned · 621 recorded sales of this use type
Observed band · Q1–Q3$231 – $399
Qualifying comparables27

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R4
This district is designed to provides for moderate density housing with a mix of residential building types, except for zero lot line bui...
General categoryRESIDENTIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store19.1
Parking Facility16.5
Law Firm16.2

Location

24709 Jericho Tpke Jamaica, NY 11426-1528
County assessor Recorded deeds · not on file 27 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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