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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Apartment buildings
8906 102nd St, Jamaica, NY 11418-2127
Individually Owned
3-yr Hold
Free & Clear
Property ID
US63-1677535
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1920
Total area
2,200 SF
Lot
0.11 ac (5,000 SF)
Zoning code
R3-1
APN
09291-0015
UPID
US63-1677535
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
$955k
CAP Approach
CAP
$825k
Comparable Approach
Comparable
$822k
Blend (final)
Blend
$950k
Owner & transaction history
Nfn Sukhwinder Singh · 3 yrs held
Nfn Sukhwinder Singh
since 2023
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
R3-1 · Jamaica, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$980,000
+83.7%
Retail stores
$945,000
+77.4%
Office building
$815,000
+52.5%
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
$1,000,000
ML approach
$955,000
CAP Approach
CAP Return
Estimation
6%
$895,000
6.5%
$825,000
7%
$770,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$980,000
Change: +84% · Conversion: Difficult
RETAIL STORES
$945,000
Change: +77% · Conversion: Difficult
OFFICE BUILDING
$815,000
Change: +52% · Conversion: Moderate
COMMERCIAL (GENERAL)
$575,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $1.05M (Mar 15 2023)
Last sale anchor
$1.05M
Mar 15 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
$432 / 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
$8,890
Tax year 2024
Assessed value
$194,850
Assessed 2024
Previous assessed
$65,845
+195.9% YoY
Effective rate
4.56%
On assessed value
Assessed land
$114,300
Assessed improvement
$80,550
Land market value
$254,000
Improvement market value
$179,000
Total market value
$433,000
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
1920
Heating
NONE
Buildings
1
Stories
3
Units
5
Total area
2,200 SF
Lot
0.11 ac (5,000 SF)
Zoning code
R3-1
APN
09291-0015
UPID
US63-1677535
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R3-1 · Jamaica, NY
Zoning R3-1 · permitted uses
R3-1 · 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
WAREHOUSE, STORAGE
Est. value
$980,000
RETAIL STORES
Est. value
$945,000
OFFICE BUILDING
Est. value
$815,000
COMMERCIAL (GENERAL)
Est. value
$575,000
WAREHOUSE, STORAGE
RETAIL STORES
OFFICE BUILDING
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
1920
Heating
NONE
Stories
3
Buildings
1
Units
5
Lot
0.11 ac
Current owner
From public records · entity-resolved
Nfn Sukhwinder Singh
Individual
Free & Clear · 3 yrs held
Mailing address
8906 102ND ST, RICHMOND HILL, NY 11418-2127
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2023
—
Nfn Sukhwinder Singh
Pushpinder Singh
Intrafamily Transfer
related
—
Oct 21, 2021
—
Nfn Sukhwinder Singh
—
Deed
related
$36,981 · Mers
Sep 19, 2018
$1,050,000
Pushpinder Singh
Hernandez,flora V
Grant Deed
$840,000 · Caliber Hm Loans
May 6, 2013
—
Flora V Hernandez
Hernandez,flora V
Quit Claim Deed
related
$202,000 · Academy Mortgage Corp
Nov 15, 2004
—
Flora V Hernandez
Hernandez,elmer A & Flora V
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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