76-12 Rockaway Blvd Woodhaven, NY 11421
Retail residential properties
Google Maps
Entity Owned
1-yr Hold
~
Est. High Equity
For Lease
$3,900/Mo
76-12 Rockaway Blvd, Woodhaven, NY 11421
View Listing →
Estimated value (blended)
$900k
Range $810k – $990k (±10%)
Implied cap rate
4.40%
In-place · NOI ÷ last sale
Property ID
US63-3772427
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1931
Total area
3,108 SF
Lot
0.06 ac (2,551 SF)
Zoning code
R6B
APN
08947-0006
UPID
US63-3772427
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
$615k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
since 2024
Last sale
$900,000
4 recorded transactions
Zoning & alternative use
R6B · Jamaica, NY
Top alternative use upside
Warehouse, storage
$1.4M
+25.8%
Retail stores
$1.3M
+21.4%
Office building
$1.2M
+4.4%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 29 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$900k
Value range
$810k – $990k
±10% around blend
Estimated value / SF
$290 / SF
Confidence
High
29 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
Income certainty
100
$810k
blend $900k
$990k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,108 SF
Lot area
0.06 ac
Year built
1931
Stories
2
APN
08947-0006
Assessed value
$139,500
Annual tax
$14,776
3
Income approach: direct capitalization
Partial preview
Income approach indication
$615k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$665k
@ 6.5% CAP return
$615k
@ 7% CAP return
$570k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$14,776
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.02M
Weighted, 20 comps · high confidence
Evidence
29 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.5 mi away · 2,720 SF
0.5 mi away · 2,720 SF
0.7 mi away · 2,320 SF
1.2 mi away · 2,200 SF
1.3 mi away · 3,510 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$900k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 43 sales
$354
-18%
Submarket 621 sales
$312
-7%
County 1912 sales
$386
-25%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $290/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Warehouse, Storage
Gross theoretical uplift
+26%
vs current-use indication
Retail Stores
Office Building
Commercial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 29 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
4.40%
Selected cap rate for this retail residential properties
Derived from the Woodhaven market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.40%
9.0%
NOI (est.)
$46k *
Last sale · Oct 2024
$900k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.03M
Move the market yield to see immediate price impact.
Value / SF
$333
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.90%4.40%4.90%
$41k
$1.05M
$931k
$836k
$46k
$1.17M
$1.03M
$929k
$50k
$1.28M
$1.14M
$1.02M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
29 found
High confidence · county-verified
Closest comparable
$525k
0.3 mi · Feb 2026 · $188/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$14,776
Tax year 2024
Assessed value
$139,500
Assessed 2024
Previous assessed
$139,500
+0.0% YoY
Effective rate
10.59%
On assessed value
Assessed land
$45,450
Assessed improvement
$94,050
Land market value
$101,000
Improvement market value
$209,000
Total market value
$310,000
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Status
For Lease
Year built
1931
Heating
NONE
Buildings
1
Stories
2
Units
3
Total area
3,108 SF
Lot
0.06 ac (2,551 SF)
Zoning code
R6B
APN
08947-0006
UPID
US63-3772427
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6B · Jamaica, NYZoning R6B · permitted uses
R6B · Jamaica, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1931
Heating
NONE
Stories
2
Buildings
1
Units
3
Lot
0.06 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R6B
Jurisdiction
Jamaica, NY
Recorded code
R6B
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Owner identityResolved entity and name variants
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Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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