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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Parking lots & garages
8462 Austin St, Jamaica, NY 11415-2216
Individually Owned
Free & Clear
Property ID
US63-1217245
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1981
Total area
2,500 SF
Lot
0.06 ac (2,500 SF)
Zoning code
R7A
APN
09245-1025
UPID
US63-1217245
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
$630k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Farhana Islam
Farhana Islam
since 2025
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
R7A · 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
Method
Estimation
Statistic approach
$630,000
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $400k (Dec 4 2025)
Last sale anchor
$400k
Dec 4 2025
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
$206 / 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
$641
Tax year 2024
Assessed value
$6,055
Assessed 2024
Previous assessed
$6,055
+0.0% YoY
Effective rate
10.59%
On assessed value
Assessed land
$6,055
Land market value
$13,455
Total market value
$13,455
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1981
Heating
NONE
Buildings
1
Units
1
Total area
2,500 SF
Lot
0.06 ac (2,500 SF)
Zoning code
R7A
APN
09245-1025
UPID
US63-1217245
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7A · Jamaica, NY
Zoning R7A · permitted uses
R7A · 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
1981
Heating
NONE
Buildings
1
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Farhana Islam
Individual
Free & Clear · 0 yrs held
Mailing address
8462 AUSTIN ST APT A6, KEW GARDENS, NY 11415-2240
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2025
$400,000
Farhana Islam
Filipinas T Ripka
Deed
—
May 13, 2024
$630,000
Pedro J Bonilla JR
Andrea Arce Wilhelm
Deed
$440,000 · Mers
Nov 19, 2020
$320,000
Narendra Ramcharan
Moreira Management LLC
Deed
$256,000 · Meadowbrook Financial Mortgage Bank
Oct 20, 2020
—
Ruqing Xu
—
Deed
related
$8,201 · Wells Fargo Bank, N.a.
Jul 17, 2019
$560,000
Ruqing Xu
Cohen,benjamin
Grant Deed
$420,000 · Wells Fargo Bk
Nov 27, 2017
$273,000
Moreira Management LLC
Triani,luis
Grant Deed
—
Aug 19, 2016
$439,000
Kieran Wilhelm
Gomez,diego
Grant Deed
$351,200 · Wells Fargo Bk
Sep 19, 2012
$335,000
Diego Gomez
Gonzalez,tania & Ernest
Grant Deed
$268,000 · Wells Fargo Bank
May 18, 2004
—
Ernest Gonzalez
Gonzalez,ernest
Quit Claim Deed
related
—
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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