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Property profile & analytics
FOR SALE
Office buildings
8015 164Th St, Jamaica, NY 11432
Individually Owned
1-yr Hold
Free & Clear
Property ID
US63-5984358
For Sale
1 / 31
$12,900,000
8015 164Th St, Jamaica, NY 11432
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1968
Total area
24,720 SF
Lot
0.37 ac (16,000 SF)
Zoning code
R4
APN
07014-0022
UPID
US63-5984358
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
-
Bruckner & Orbuch: Bruckner David DDS Dental Office
-
Eisikowitz Leon MD Physician
-
Arbisser Sherry MD Physician Medical Clinic
-
Dr. Pratima Saldanha, MD Physician
-
Charter Capital Corporation Travel Agency Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.09M
Owner & transaction history
Debra Eisikowitz · 1 yrs held
Debra Eisikowitz
since 2025
6 recorded transactions
Zoning & alternative use
R4 · Jamaica, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$11.0M
+20.5%
Commercial (general)
$9.4M
+2.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,145,000
Current use
WAREHOUSE, STORAGE
$11,020,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$9,360,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$7.09M
Range $6.38M – $7.79M · ±10%
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
$287 / 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
$250,999
Tax year 2024
Assessed value
$2,369,700
Assessed 2024
Previous assessed
$2,432,119
-2.6% YoY
Effective rate
10.59%
On assessed value
Assessed land
$540,000
Assessed improvement
$1,829,700
Land market value
$1,200,000
Improvement market value
$4,066,000
Total market value
$5,266,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Sale
Year built
1968
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
24,720 SF
Lot
0.37 ac (16,000 SF)
Zoning code
R4
APN
07014-0022
UPID
US63-5984358
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R4 · Jamaica, NY
Zoning R4 · permitted uses
R4 · 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 Current
Est. value
$9.1M
WAREHOUSE, STORAGE
Est. value
$11.0M
COMMERCIAL (GENERAL)
Est. value
$9.4M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1968
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Debra Eisikowitz
Individual
Free & Clear · 1 yrs held
Mailing address
8015 164TH ST, JAMAICA, NY 11432-1119
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2025
—
Debra Eisikowitz
Leon B Eisikowitz
Deed
related
—
Jun 15, 2016
—
80-164 Realty LLC
—
Deed
related
$262,071 · The First National Bank Of Long Island
Jul 8, 2004
$4,800,000
80-164 Realty LLC
Regis Insurance Company
Grant Deed
$3,500,000 · Arnav Industries INC
—
—
80-164 Realty LLC
—
Loan Modification, Consolidation And Extension
related
$2,400,000 · First Nat'l Bk/long Island
—
—
80-164 Realty LLC
—
Deed Of Trust
related
$1,056,529 · Arnav Industries INC
—
—
80-164 Realty LLC
—
Deed Of Trust
related
$3,000,000 · Arnav Industries INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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