Office building · Richmond Hill, Queens
116-06 Myrtle Avenue
Richmond Hill, NY 11418
116-06 Myrtle Avenue is a 4-floor office building in Richmond Hill, Queens, built in 1925, with about 35,000 square feet of office space according to city records.
Also at 116-06 to 116-12 Myrtle Avenue.
- Office space
- 35K SF
- Floors
- 4
- Year built
- 1925
- Zoning
- R6B
The 3rd largest of the 3 office buildings we track in Richmond Hill. Compare it with 6 neighbors
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Compared with its neighbors
How 116-06 Myrtle Avenue compares
Next to the 6 nearest large commercial buildings, all within a 17 minute walk, 116-06 Myrtle Avenue is the smallest by commercial floor area. It went up in 1925; the median neighbor dates from 1930. Its estimated property tax, about $9.50 a square foot of floor area before abatements, is above the neighbors' median of $5.40.
| Building | Commercial space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 116-06 Myrtle Avenue | 35K SF | 4 | 1925 | $9.50 | n/a |
| 119-24 Jamaica Avenue | 46K SF | 5 | 2005 | $5.64 | n/a |
| 120-08 Jamaica Avenue | 36K SF | 4 | 1902 | Exempt | Oct 2023, $18M (4 lots) |
| 87-16 121st Street | 155K SF | 7 | 2020 | $5.16 | Jan 2026, $84.7M |
| 87-40 121st Street | 83K SF | 6 | 1930 | $5.65 | Jan 2022, $46.5M |
| 87-46 123rd Street | 138K SF | 3 | 1931 | Exempt | Jun 2017, $18.1M |
| 130-11 Atlantic Avenue | 45K SF | 3 | 1930 | $3.86 | Feb 2010, $3.5M |
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 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other address
- 116-06 to 116-12 Myrtle Avenue
- ZIP code
- 11418
- Building type
- Office building (city class O2)
- Total floor area
- 35,000 SF
- Commercial floor area
- 35,000 SF
- Office
- 35,000 SF
- Height
- 4 floors
- Average floor
- About 8,800 SF (floor area divided by floors)
- Year built
- 1925
- Last major alteration
- 1984
- Lot area
- 7,500 SF
- Zoning district
- R6B
- Built FAR
- 4.67
- Tax lot (BBL)
- 4092540001
Nearest subway
- 111 St
- 121 St
- 104 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. 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 MYRTLE AVE REALTY CO L P as the owner of record. For tax year 2026/27 the city values 116-06 Myrtle Avenue at $6.82 million and assesses it at $3.07 million. After phase-ins and exemptions its taxable value is $3.06 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 $332,476 a year before abatements, roughly $9.50 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
- MYRTLE AVE REALTY CO L P
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $6,822,000
- Land market value
- $347,000
- Assessed value
- $3,069,900
- Taxable value (phased in)
- $3,064,860
- Estimated yearly tax
- About $332,476
- Tax per SF of floor area
- About $9.50
City market value by tax year
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How to find who owns any NYC buildingSource: 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 2026-10-16; 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.
Own or manage 116-06 Myrtle Avenue? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
116-06 Myrtle Avenue reported an ENERGY STAR score of 83 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 47.8 kBtu per square foot, 42% below the national median of 82.6 for a similar property. Its greenhouse gas emissions were about 142 metric tons of CO2e (4.06 kg per square foot).
- ENERGY STAR score (2024)
- 83 of 100
- Grade this score earns (Local Law 33)
- B (70 to 84)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 47.8 kBtu/SF
- National median for the type
- 82.6 kBtu/SF
- Greenhouse gas emissions
- 142 t CO2e
- Emissions per SF
- 4.06 kg CO2e
- Floor area in the filing
- 35,000 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 2026-10-16; 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.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 116-06 Myrtle Avenue comes to about 116 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 265 tons for 2024 to 2029 (44% of the limit), so it would owe no penalty. From 2030 the limit drops to 94 tons and the same energy use counts as about 80 tons, still under the limit.
- Period
- 2024 to 2029
- Emissions limit
- 265 t CO2e
- Estimated emissions
- 116 t CO2e
- Under the limit by
- 149 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 94 t CO2e
- Estimated emissions
- 80 t CO2e
- Under the limit by
- 14 t CO2e
- Estimated penalty a year
- None
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 35,000 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.
Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.
How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.
Own or manage 116-06 Myrtle Avenue? List a space here free and we match it against every active requirement.
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Questions about 116-06 Myrtle Avenue
How big is 116-06 Myrtle Avenue?
116-06 Myrtle Avenue has about 35,000 square feet of floor area in total, including 35,000 square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 116-06 Myrtle Avenue built?
City records list 1925 as the year built, with a major alteration recorded in 1984. The building is 4 floors tall.
What other addresses does 116-06 Myrtle Avenue have?
City records list 116-06 to 116-12 Myrtle Avenue on the same tax lot (BBL 4092540001) as 116-06 Myrtle Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 116-06 Myrtle Avenue?
116-06 Myrtle Avenue is in ZIP code 11418, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 116-06 Myrtle Avenue, Richmond Hill, NY 11418.
What is the zoning at 116-06 Myrtle Avenue?
The lot is in the R6B zoning district. PLUTO lists a built floor area ratio (FAR) of 4.67 for this lot.
What subway station is closest to 116-06 Myrtle Avenue?
The closest subway station to 116-06 Myrtle Avenue is 111 St (the J train), about 0.2 miles away in a straight line, roughly 5 minutes on foot. Also nearby: 121 St (the J and Z trains), 6 min walk; 104 St (the J and Z trains), 13 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 116-06 Myrtle Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists MYRTLE AVE REALTY CO L P as the owner of record of 116-06 Myrtle Avenue (BBL 4092540001). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What is the energy grade of 116-06 Myrtle Avenue?
116-06 Myrtle Avenue reported an ENERGY STAR score of 83 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 83 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 47.8 kBtu per square foot, 42% below the national median of 82.6 for a similar property. Its greenhouse gas emissions were about 142 metric tons of CO2e (4.06 kg per square foot).
Does 116-06 Myrtle Avenue meet Local Law 97?
At its 2024 energy use, 116-06 Myrtle Avenue comes to about 116 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 265 tons for 2024 to 2029 (44% of the limit), so it would owe no penalty. From 2030 the limit drops to 94 tons and the same energy use counts as about 80 tons, still under the limit. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.
What are the property taxes at 116-06 Myrtle Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.06 million for 116-06 Myrtle Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $332,476 a year, roughly $9.50 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4092540001 show the actual bill.
What is the assessed value of 116-06 Myrtle Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 116-06 Myrtle Avenue at $6.82 million ($347,000 of it land) and its assessed value at $3.07 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 3% from 2022/23 ($6.64 million) to 2026/27.
Is there office space for lease at 116-06 Myrtle Avenue?
No space at 116-06 Myrtle Avenue is listed on Leasemark right now. Elsewhere in Richmond Hill on Leasemark: office space for lease at 13039 135th Rd (700 SF, $51.43/SF/yr). 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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Richmond Hill
Transit hubs in Richmond Hill
- J at 121 St
- J at 111 St
- J at 104 St
- Van Wyck Expressway