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Property profile & analytics
OFF-MARKET
Estimated value
$1,255,000
Super regional malls
9206 Atlantic Ave, Jamaica, NY 11416
Entity Owned
13-yr Hold
Free & Clear
Property ID
US63-0887001
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1985
Total area
78,820 SF
Lot
2.52 ac (109,771 SF)
Zoning code
M1-1
APN
09028-0001
UPID
US63-0887001
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.26M
Owner & transaction history
Equity One Clocktower LLC · 13 yrs held
Equity One Clocktower LLC
since 2012
7 recorded transactions
Zoning & alternative use
M1-1 · 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
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
NEIGHBORHOOD: SHOPPING CENTER
$1,140,000
Current use
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±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
$16 / 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
$1,389,510
Tax year 2024
Assessed value
$14,545,800
Assessed 2024
Previous assessed
$12,649,330
+15.0% YoY
Effective rate
9.55%
On assessed value
Assessed land
$4,445,550
Assessed improvement
$10,100,250
Land market value
$9,879,000
Improvement market value
$22,445,000
Total market value
$32,324,000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1985
Heating
NONE
Buildings
1
Stories
1
Units
5
Total area
78,820 SF
Lot
2.52 ac (109,771 SF)
Zoning code
M1-1
APN
09028-0001
UPID
US63-0887001
Jurisdiction
QUEENS
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-1 · Jamaica, NY
Zoning M1-1 · permitted uses
M1-1 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1985
Heating
NONE
Stories
1
Buildings
1
Units
5
Lot
2.52 ac
Current owner
From public records · entity-resolved
Equity One Clocktower LLC
Entity
Free & Clear · 13 yrs held
Mailing address
PO BOX 2539, SAN ANTONIO, TX 78299-2539
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2014
—
A & P Real Property LLC
—
Loan Modification
related
$15,200,000 · Wells Fargo Bk
Oct 18, 2012
$56,000,000
Equity One Clocktower LLC
App Ozone Park LLC
Grant Deed
related
—
Sep 25, 2012
—
A & P Real Property LLC
—
Deed Of Trust
related
$550,000,000 · Us Bank NA
Nov 22, 2010
$36,488,888
We App Ozone Park LLC
Plainbridge LLC
Grant Deed
—
May 14, 2008
—
Bridge Stuart INC
—
Deed Of Trust
related
$170,000,000 · Bank Of America
—
—
We App Ozone Park LLC
—
Deed Of Trust
related
$47,000 · Manufacturers Traders & Trust
—
—
Atlantic Restaurant Assocs INC
—
Deed Of Trust
related
$400,000 · Park Avenue 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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