Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$15,405,000
Hospitals
7870 Winchester Blvd Jamaica, NY 11427
Entity Owned
12-yr Hold
Free & Clear
Property ID
US63-2002622
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1936
Total area
986,724 SF
Lot
89.79 ac (3,911,427 SF)
Zoning code
R3-2
APN
07880-0001
UPID
US63-2002622
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.41M
Owner & transaction history
City Of New York · 12 yrs held
City Of New York
since 2013
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$16 / 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
Assessed value
$112,971,600
Assessed 2024
Previous assessed
$110,693,250
+2.1% YoY
Assessed land
$40,483,350
Assessed improvement
$72,488,250
Land market value
$89,963,000
Improvement market value
$161,085,000
Total market value
$251,048,000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1936
Heating
NONE
Buildings
9
Stories
2
Units
1
Total area
986,724 SF
Lot
89.79 ac (3,911,427 SF)
Zoning code
R3-2
APN
07880-0001
UPID
US63-2002622
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
1936
Heating
NONE
Stories
2
Buildings
9
Units
1
Lot
89.79 ac
Current owner
From public records · entity-resolved
City Of New York
Entity
Free & Clear · 12 yrs held
Mailing address
7925 WINCHESTER BLVD, JAMAICA, NY 11427-2128
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2019
—
Indian Cultural & Cmnty Ctr In
—
Deed
related
$350,000 · Ayer Re Dev LLC
Aug 21, 2013
—
City Of New York
New York City Sch Const Author
Quit Claim Deed
related
—
Apr 7, 2010
—
Indian Cultural & Cmnty Ctr In
State Of New York
Grant Deed
—
Jul 11, 2008
—
State Of New York
State Of New York
Quit Claim Deed
related
—
—
—
Federation Building 74 LP
—
Deed Of Trust
related
$735,158 · Federation/organizations// New
—
—
Federation Building 74 LP
—
Deed Of Trust
related
$11,398,810 · Federation Building 74 Hsng De
—
—
Acmh Building 74 LP
—
Deed Of Trust
related
$10,785,521 · Acmh Building 74 Hsng Dev Fund
—
—
Federation Building 74 Hsng De
—
Deed Of Trust
related
$11,398,047 · New York St Off/mental Health
—
—
Indian Cultural & Cmnty Ctr In
—
Deed Of Trust
related
$350,000 · Ayer Re Dev LLC
—
—
Tsiny Building 74 LP
—
Deed Of Trust
related
$10,683,391 · Tsiny Building 74 Hsng Dev Fun
—
—
Building 74 Hsng Dev Fund Acmh
—
Deed Of Trust
related
$10,785,521 · New York St Off/mental Health
—
—
Building 74 Hsng Dev Fun Tsiny
—
Deed Of Trust
related
$10,683,391 · New York St Off/mental Health
—
—
Tsiny Building 74 LP
—
Deed Of Trust
related
$767,468 · Transitional Svcs/new York INC
—
—
Acmh Building 74 LP
—
Deed Of Trust
related
$1,053,200 · Association/rehabilitative Cas
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7870 Winchester Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
