Realmo Analytics

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Property profile

8811 169Th St Jamaica, NY 11432

FOR LEASE
Office buildings
Property ID
US63-3112137
3,166 SF 0.14 ac lot Built 1960
Last sale Oct 2012 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 8811 169th Street is a medical office building that contains practitioner exam rooms along with shared patient and administrative areas. The layout includes a common waiting room, reception area, and a nurses station, supporting a variety of outpatient medical practices. The building was constructed in 1960 and is designated under zoning classification R6A.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$26k
Tax billed · 2024
Assessed value$277k
Assessed land$70k
Assessed improvement$207k
Effective rate9.46%

Value estimate

· Nov 2026
$385k
$347k – $424k
NOI build-up
Gross scheduled income$133k
Vacancy & credit loss−$11k
Operating expenses−$49k
NOI · 4,866.80% cap applied$73k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$370/SF
Submarket average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$268 – $508
Qualifying comparables10

Cap rate analysis

How does the asset earn?
4,866.80%
$73k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R6A
This district focuses on medium density housing in areas with higher accessibility to transportation and community services, allowing for...
General categoryRESIDENTIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.5
Gym & Fitness15.5
Kitchen & Bath13.0

Location

8811 169Th St Jamaica, NY 11432
County assessor Recorded deeds · 1 transfer 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15028 Hillside, Jamaica, NY 11432-3320 $180,000 Mar 2025 2,560 SF
15902 88th, Jamaica, NY 11432 $1,712,500 Oct 2024 6,000 SF
8030 164th, Jamaica, NY 11432-1114 $1,438,000 Feb 2024 3,360 SF
18618 Hillside, Jamaica, NY 11432-3214 $1,625,000 Dec 2021 13,500 SF
17013 Hillside, Jamaica, NY 11432-4546 $2,500,000 Jul 2021 2,867 SF
8780 Parsons, Jamaica, NY 11432-3329 $1,450,000 Jan 2020 5,700 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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