Auto dealer pays $2.8M for two properties in South Richmond Hill

Titan Motor Group through the entity 101 Jamaica Parking LLC paid $2.8 million to Trevor Rupnarain through the entity Access Enterprises Inc. for the house of worship building (M1) at 133-17 101st Avenue and an adjacent parking lot (G7) on 101st Avenue in South Richmond Hill, Queens. The expected use is owner-occupied.
The deal closed on May 27, 2025 and was recorded on May 29, 2025. The two properties have 6,065 square feet of built space and 6,867 square feet of additional air rights for a total buildable of 12,920 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $461 and the price per buildable square foot is $216 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The signatory for Trevor Rupnarain was Trevor Rupnarain. The signatory for Titan Motor Group was company CEO Joseph Valentino. The contract date was May 27, 2025.

Because multiple properties have been transacted, some of the following sections will follow the property with the largest assessed value, which in this case, is the property on 133-17 101st Avenue.

Prior sales and revenue

Prior to this transaction, PincusCo has no record that the buyer Titan Motor Group had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller Trevor Rupnarain had not purchased any other properties and had not sold any properties over the same time period.

The property

The specialty building in South Richmond Hill has 6,065 square feet of built space and 6,867 square feet of additional air rights for a total buildable of 12,920 square feet according to a PincusCo analysis of city data. The parcel has frontage of 50 feet and is 103 feet deep with a total lot size of 5,173 square feet. The zoning is R5 which allows for up to 1.25 times floor area ratio (FAR) for residential. The city-designated market value for the property in 2022 is $1.2 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the properties for the past 24 months. In addition, according to city public data, the properties have received $250 in OATH penalties in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The neighborhood

In South Richmond Hill, The bulk, or 49 percent of the 2.3 million square feet of commercial built space are mixed-use buildings, with walkup buildings next occupying 15 percent of the space. In sales, South Richmond Hill has the 31st highest sale turnover among other neighborhoods in Queens with $34.6 million in sales volume in the last two years. For development, South Richmond Hill has had very little major development activity relative to other neighborhoods.It had 90,403 square feet of commercial and multi-family construction under development in the last two years, which represents 4 percent of the neighborhood’s built space.

The block

On the tax block of 133-17 101st Avenue, PincusCo has identified the owner of the one commercial property that spans that spans zero square feet on the block.The identified owner is Titan Motor Group.
There are no active new building construction projects on this tax block.

All properties are industrial.

The buyer

The PincusCo database currently indicates that Titan Motor Group owned at least two commercial properties in New York City with 6,065 square feet and a city-determined market value of $1.5 million. (Market value is typically about 50% of actual value.) Within the portfolio, the bulk, or 100 percent of the 6,065 square feet of built space are M1 properties, with industrial properties next occupying 0 percent of the space. They are all located in Queens.

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