Kassin Sabbagh Realty
5804 Hoffman Dr, Elmhurst, NY, 11373 USA & 38-08 Union St, Flushing, NY, 11354 USA
Financial Estimate · Prepared October 9, 2026

5804 Hoffman Dr Garage (Elmhurst)
Revenue Opportunity

298-space parking · Elmhurst, NY · Currently managed by Metropolis

Estimated Gross Revenue (Next 12 Months)
$215,592
12-month forward projection
Incremental Owner Earnings
+$53,360
Owner take-home vs. Metropolis
Owner Take-Home (Next 12 Months)
$150,914
Owner revenue share
Target Go-Live
November 13, 2026
5-week AirGarage-led onboarding

Metropolis Actuals vs. AirGarage Estimate

All figures are owner-centric. Left column reflects what the owner nets today under Metropolis. Right column is the forward 12-month projection under AirGarage.

Line Item Current (Metropolis) Next 12 Months with AirGarage
Gross Revenue$215,592$215,592
Incremental Owner Take-Home-+$53,360 (per year, above Metropolis)
Owner Take-Home (annual)$97,554$150,914

Under Metropolis, the owner keeps roughly 45% of gross after operator fees. Under AirGarage's revenue-share model, the owner's share covers payment processing, enforcement, and management. Property tax remains the owner's responsibility in both cases and is excluded here. Figures are directional estimates based on the proposed terms.

Monthly Incremental Owner Earnings
+$4,447
Per month above Metropolis
Weekly Incremental Owner Earnings
+$1,026
Per week above Metropolis
Daily Incremental Owner Earnings
+$146
Per day above Metropolis

Every Week of Delay Has a Price

Each week this decision waits is a week of extra earnings left on the table versus AirGarage. Drag to see what a delay costs.

Additional delay: 4 weeks
1 wk8 wks16 wks26 wks
Extra Earnings Missed
—
Per Week
—
Estimated Go-Live
—

5-Week Go-Live Timeline

AirGarage onboards in 5 weeks, and the majority of the work is AirGarage-led. Kassin's lift is minimal. These dates assume the agreement is signed today, and shift to match your actual signing date.

Week 1
Oct 12, Oct 16
Kickoff Call
Lot Survey
Gather Tenant Details & Rate Preferences
Confirm Signage Requirements
Week 2
Oct 19, Oct 23
Order Signage
Stripe Payout Setup
Draft Tenant Communication
Create Marketplace Listings
Week 3
Oct 26, Oct 30
Begin Tenant Onboarding
Configure Rate Structure
Signage Mockup Approval
Week 4
Nov 2, Nov 6
Install Cameras & Signage
Dashboard & Reporting Training
Final Rate Verification
Week 5
Nov 9, Nov 13
Onsite Support & Verification
Soft Launch Monitoring
Go Live: November 13, 2026
AirGarage-led
Owner-led
Joint

A Property Like This One

A similarly sized garage that switched operators and grew revenue 30-40% in year one, without adding a cent of overhead. Sound familiar?

111 Coleman
Charleston, SC · Tyler Flesh, Asset Manager
+30-40%
Revenue increase · First year, sustained
27%
Uplift from dynamic pricing
5%
Uplift from enforcement
234
Spaces, gates eliminated
"We became believers that you don't need the barricade, the gate. We're making more money without the gates and AirGarage in place."
Tyler Flesh · Asset Manager, 111 Coleman
111 Coleman is a 234-space garage in Charleston, SC that made the switch away from its previous operator to AirGarage and sustained a 30-40% revenue increase through its first year, driven by a 27% uplift from dynamic pricing and an additional 5% uplift from enforcement alone. Like your Elmhurst garage, it carried the weight of an incumbent platform that wasn't delivering, and the team eliminated gates entirely while making more money in the process. Asset Manager Tyler Flesh put it plainly: 'We became believers that you don't need the barricade, the gate. We're making more money without the gates and AirGarage in place.' At ~298 spaces, your garage is a nearly identical asset, and the gap between your current NOI and your tax obligation leaves just as little room for an operator that isn't working.
Watch the testimonial
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Ready to move forward?
Everything you need to make the call is here, and there is no minimum term or startup cost to weigh. If you have questions or want to talk anything through first, your AirGarage rep is one message away.
How we built this estimate
This page is a directional financial estimate, not a guarantee of performance. Here is what the numbers are based on and what they assume.
Comparable AirGarage properties. Projections are benchmarked against similar lots and garages AirGarage operates today.
Revenue-share structure. Owner take-home reflects the 70/30 owner/AirGarage split, with $0 startup cost, equipment supplied and installed by AirGarage, and no minimum term.
How the upside is generated. Projections assume AirGarage's standard levers: demand-based pricing, automated enforcement, gate and access optimization, and capturing transient, monthly, and event demand.
Timeline. The 5-week go-live assumes the agreement is signed today; the dates shift to match your actual signing date.
Not a guarantee. Actual results depend on market conditions, demand, and the specifics of the property. These figures are estimates for evaluation, not a contractual commitment.