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Property profile & analytics
OFF-MARKET
Estimated value
$8,455,000
Apartment buildings
8724 115th St, Jamaica, NY 11418-2402
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US63-5989382
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1938
Total area
65,976 SF
Lot
0.4 ac (17,500 SF)
Zoning code
R6A
APN
09304-0011
UPID
US63-5989382
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
$8.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.46M
Owner & transaction history
Dchscu Acquisition Holdings, LLC · 1 yrs held
Dchscu Acquisition Holdings, LLC
since 2024
Last sale
$8.7M
7 recorded transactions
Zoning & alternative use
R6A · 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
$8,270,000
ML approach
$8,160,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.46M
Range $7.61M – $9.30M · ±10% · vs last sale $8.69M (Jun 21 2023)
Last sale anchor
$8.69M
Jun 21 2023
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
$128 / 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
$285,908
Tax year 2024
Assessed value
$2,286,900
Assessed 2024
Previous assessed
$2,681,100
-14.7% YoY
Effective rate
12.50%
On assessed value
Assessed land
$590,850
Assessed improvement
$1,696,050
Land market value
$1,313,000
Improvement market value
$3,769,000
Total market value
$5,082,000
Applied tax rate
2.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1938
Heating
NONE
Buildings
1
Stories
6
Units
60
Total area
65,976 SF
Lot
0.4 ac (17,500 SF)
Zoning code
R6A
APN
09304-0011
UPID
US63-5989382
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6A · Jamaica, NY
Zoning R6A · permitted uses
R6A · 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
1938
Heating
NONE
Stories
6
Buildings
1
Units
60
Lot
0.4 ac
Current owner
From public records · entity-resolved
Dchscu Acquisition Holdings, LLC
Entity
Mailing address
10818 QUEENS BLVD STE #302, FOREST HILLS, NY 11375-4758
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2024
—
Dchscu Acquisition Holdings, LLC
Rcg Tower Group I, LLC
Deed
—
Sep 3, 2024
$773,498
Dchscu Acquisition Holdings, LLC
Rcg Tower Group I, LLC
Deed
—
Jun 21, 2023
$8,690,591
Bronstein Equities LLC
Five Boroughs Residential LLC
Deed
—
Mar 30, 2021
—
Richmond Hill 115 LLC
—
Deed
related
$9,350,000 · Signature Bank
Mar 14, 2007
$8,100,000
Richmond Hill 115 LLC
Bas Hamilton Associates
Grant Deed
—
—
—
Richmond Hill 115 LLC
—
Loan Modification, Consolidation And Extension
related
$8,450,000 · Bankunited Fsb
—
—
Richmond Hill 115 LLC
—
Deed Of Trust
related
$1,005,268 · Bankunited Fsb
—
—
Richmond Hill 115 LLC
—
Deed Of Trust
related
$4,981,633 · New York Community Bank
—
—
Richmond Hill 115 LLC
—
Loan Modification
related
$7,645,000 · New York Community Bank
—
—
Richmond Hill 115 LLC
—
Deed Of Trust
related
$1,695,958 · New York Community Bank
—
—
Richmond Hill 115 LLC
—
Deed Of Trust
related
$6,200,000 · New York Commercial Bank
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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