Factory and industrial building · College Point, Queens
114-02 15th Avenue
College Point, NY 11356
114-02 15th Avenue is a 3-floor factory and industrial building in College Point, Queens, built in 1916, with about 124,000 square feet of industrial and storage space according to city records.
Also at 114-02 15th Avenue (rear).
- Industrial and storage space
- 124K SF
- Floors
- 3
- Year built
- 1916
- Zoning
- M2-1
The 5th largest of the 9 industrial and storage buildings we track in College Point. Compare it with 6 neighbors
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Compared with its neighbors
How 114-02 15th Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 17 minute walk, 114-02 15th Avenue ranks 3rd of 7 by industrial and storage floor area. It went up in 1916; the median neighbor dates from 1945. Its estimated property tax, about $4.09 a square foot of floor area before abatements, is below the neighbors' median of $4.81.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 114-02 15th Avenue | 124K SF | 3 | 1916 | $4.09 | n/a |
| 116-02 15th Avenue | 131K SF | 2 | 1916 | $5.37 | n/a |
| 112-02 15th Avenue | 158K SF | 1 | 1972 | $6.15 | n/a |
| 115-10 14th Road | 51K SF | 1 | 1960 | $3.64 | Aug 2021, $12M |
| 18-00 119th Street | 69K SF | 1 | 1931 | $4.25 | n/a |
| 15-54 18th Avenue | 80K SF | 2 | 1930 | $3.13 | n/a |
| 128-28 25th Avenue | 85K SF | 1 | 1983 | $7.32 | Jun 2005, $14.3M |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other address
- 114-02 15th Avenue (rear)
- ZIP code
- 11356
- Building type
- Factory and industrial building (city class F4)
- Total floor area
- 144,300 SF
- Commercial floor area
- 144,300 SF
- Office
- 20,000 SF
- Industrial and storage
- 124,300 SF
- Height
- 3 floors
- Average floor
- About 48,100 SF (floor area divided by floors)
- Year built
- 1916
- Last major alteration
- 1978
- Lot area
- 200,675 SF
- Zoning district
- M2-1
- Built FAR
- 0.72
- Max commercial FAR
- 2
- Tax lot (BBL)
- 4040780001
Nearest subway
- Mets-Willets Point
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-03. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists COLLEGE POINT REALTY as the owner of record. For tax year 2026/27 the city values 114-02 15th Avenue at $12.9 million and assesses it at $5.81 million. After phase-ins and exemptions its taxable value is $5.44 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $589,717 a year before abatements, roughly $4.09 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
- Owner of record
- COLLEGE POINT REALTY
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $12,901,000
- Land market value
- $4,021,000
- Assessed value
- $5,805,450
- Taxable value (phased in)
- $5,436,180
- Estimated yearly tax
- About $589,717
- Tax per SF of floor area
- About $4.09
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-03; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
114-02 15th Avenue reported an ENERGY STAR score of 79 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 22.6 kBtu per square foot, 44% below the national median of 40.3 for a similar property. Its greenhouse gas emissions were about 290 metric tons of CO2e (2.01 kg per square foot).
- ENERGY STAR score (2024)
- 79 of 100
- Grade this score earns (Local Law 33)
- B (70 to 84)
- Property type (Portfolio Manager)
- Distribution Center
- Site energy use intensity
- 22.6 kBtu/SF
- National median for the type
- 40.3 kBtu/SF
- Greenhouse gas emissions
- 290 t CO2e
- Emissions per SF
- 2.01 kg CO2e
- Floor area in the filing
- 144,300 SF
ENERGY STAR score by year
Energy sources in 2024
Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-03; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 114-02 15th Avenue. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, was first permitted in February 2026 (construction, plumbing; filed cost estimate $50,000).
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 2
- Newest job first permitted
- February 2026
- Interior build-outs, last 24 months
- 2
- Floors with interior work, last 24 months
- 1
Recent build-outs
New jobs by year
Build-outs across College PointWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-03 (permits issued through 2026-10-01). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
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Questions about 114-02 15th Avenue
How big is 114-02 15th Avenue?
114-02 15th Avenue has about 144,000 square feet of floor area in total, including 20,000 square feet of office and 124,000 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 114-02 15th Avenue built?
City records list 1916 as the year built, with a major alteration recorded in 1978. The building is 3 floors tall.
What other addresses does 114-02 15th Avenue have?
City records list 114-02 15th Avenue (rear) on the same tax lot (BBL 4040780001) as 114-02 15th Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 114-02 15th Avenue?
114-02 15th Avenue is in ZIP code 11356, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 114-02 15th Avenue, College Point, NY 11356.
What is the zoning at 114-02 15th Avenue?
The lot is in the M2-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.72 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 114-02 15th Avenue?
The closest subway station to 114-02 15th Avenue is Mets-Willets Point (the 7 train), about 2.0 miles away in a straight line, roughly 40 minutes on foot. Walking times are straight-line estimates; the street route is longer.
Who owns 114-02 15th Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists COLLEGE POINT REALTY as the owner of record of 114-02 15th Avenue (BBL 4040780001). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What is the energy grade of 114-02 15th Avenue?
114-02 15th Avenue reported an ENERGY STAR score of 79 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 79 earns a B. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 22.6 kBtu per square foot, 44% below the national median of 40.3 for a similar property. Its greenhouse gas emissions were about 290 metric tons of CO2e (2.01 kg per square foot).
Is there construction at 114-02 15th Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 114-02 15th Avenue. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, was first permitted in February 2026 (construction, plumbing; filed cost estimate $50,000). These are the Department of Buildings' DOB NOW work permits for tax lot 4040780001. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at 114-02 15th Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.44 million for 114-02 15th Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $589,717 a year, roughly $4.09 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4040780001 show the actual bill.
What is the assessed value of 114-02 15th Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 114-02 15th Avenue at $12.9 million ($4.02 million of it land) and its assessed value at $5.81 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 15% from 2022/23 ($11.2 million) to 2026/27.
Is there industrial and storage space for lease at 114-02 15th Avenue?
No space at 114-02 15th Avenue is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
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College Point
Transit hubs in College Point
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