8970 162ndJamaica, NY 11432

  • Office properties
  • 2,950 SF
Off market
$296,753 Estimated

Property Details for 8970 162nd

Year built
1940
Lot size
0.04 AC
Property size (Sq ft)
2,950 SF
Zone code
C4-5X
Property type
Office properties
Property subtype
Office buildings
APN
09760-0081
APU
97600081

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $487,723
    6.5%
    $450,206
    7%
    $418,048
  • Comparable approach

    Method
    Valuation
    Relative Method
    $385,447
    Geo Method
    $385,447
  • Alternative Use

    Use
    Valuation
    Residential
    $558,255
    Hospitality
    $511,359
    Educational
    $425,445
    Medical
    $440,076
    Retail
    $661,803
8970 162nd, Jamaica, New York

Location Insight

City
Jamaica
County
Queens
State
New York
Latitude
40.7048
Longitude
-73.7982
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $187,650
  • Assessed land value
    $57,600
  • Assessed value
    $245,250
  • Tax year
    2024
  • Tax bill
    $24,309

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