Office building with commercial space · Forest Hills, Queens

118-01 Queens Boulevard

Forest Hills, NY 11375

118-01 Queens Boulevard is a 6-floor office building with commercial space in Forest Hills, Queens, built in 1963, with about 62,000 square feet of office space according to city records.

Also at 118-01 to 118-27 Queens Boulevard.

Office space: 62K SF
Floors: 6
Year built: 1963
Zoning: C4-2

Office space next to its nearest neighbors

112-09 Queens Boulevard1 min walk340K SF
118-01 Queens BoulevardThis building62K SF
108-18 Queens Boulevard15 min walk52K SF
114-03 Queens Boulevard4 min walk38K SF

The 2nd largest of the 5 office buildings we track in Forest Hills. Compare it with 3 neighbors

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Compared with its neighbors

How 118-01 Queens Boulevard compares

Next to the 3 nearest large office buildings, all within a 15 minute walk, 118-01 Queens Boulevard ranks 2nd of 4 by office floor area. It went up in 1963; the median neighbor dates from 1951. Its estimated property tax, about $6.89 a square foot of floor area before abatements, is close to the neighbors' median of $6.61.

118-01 Queens Boulevard and the 3 nearest large office buildings: size, floors, year built, estimated property tax per square foot
Building	Office space	Floors	Built	Tax / SF
118-01 Queens BoulevardThis building	62K SF	6	1963	$6.89
112-09 Queens Boulevard1 min walk	340K SF	16	1983	$5.44
114-03 Queens Boulevard4 min walk	38K SF	2	1951	$6.61
108-18 Queens Boulevard15 min walk	52K SF	9	1930	$16.90

The 2nd largest of the 5 office buildings we track in Forest Hills: see the full list

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). 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: 118-01 to 118-27 Queens Boulevard
ZIP code: 11375
Building type: Office building with commercial space (city class O5)
Total floor area: 88,300 SF
Commercial floor area: 88,300 SF
Office: 61,880 SF
Retail: 18,020 SF
Height: 6 floors
Average floor: About 14,700 SF (floor area divided by floors)
Year built: 1963
Last major alteration: 2017
Lot area: 22,236 SF
Zoning district: C4-2
Built FAR: 3.97
Max commercial FAR: 3.4
Tax lot (BBL): 4022700013

Nearest subway

Kew Gardens-Union Tpke1 min walk · Accessible station
75 Av8 min walk · Not accessible
Briarwood14 min walk · Not accessible

Nearby large buildings

70-00 Austin Street75K SF retail · 2 floors · 19 min walk
120-08 Jamaica Avenue36K SF industrial and storage · 4 floors · 21 min walk
116-06 Myrtle Avenue35K SF office · 4 floors · 21 min walk
119-24 Jamaica Avenue46K SF industrial and storage · 5 floors · 21 min walk
87-16 121st Street154K SF industrial and storage · 7 floors · 22 min walk
87-40 121st Street83K SF industrial and storage · 6 floors · 22 min walk
68-54 Austin Street61K SF office · 8 floors · 22 min walk
87-46 123rd Street138K SF industrial and storage · 3 floors · 23 min walk

All 15 large commercial buildings on Queens Boulevard

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 WHITEHALL TERRACE ASSOCIATES as the owner of record. For tax year 2026/27 the city values 118-01 Queens Boulevard at $13.4 million and assesses it at $6.05 million. After phase-ins and exemptions its taxable value is $5.61 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 $608,247 a year before abatements, roughly $6.89 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: WHITEHALL TERRACE ASSOCIATES
Tax class: Class 4 (commercial and industrial)
City market value: $13,448,000
Land market value: $3,220,000
Assessed value: $6,051,600
Taxable value (phased in): $5,607,000
Estimated yearly tax: About $608,247
Tax per SF of floor area: About $6.89

City market value by tax year

2022/23$11.7 million
2023/24$12.2 million
2024/25$12.2 million
2025/26$12.8 million
2026/27$13.4 million

Market value rose 15% from 2022/23 ($11.7 million) to 2026/27.

How Forest Hills compares: property tax per SF across NYC neighborhoods Estimate this tax bill, or a tenant's share of it How NYC commercial property tax works

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How to find who owns any NYC building

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 2026-10-16; 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.

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NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

118-01 Queens Boulevard reported an ENERGY STAR score of 53 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 129.4 kBtu per square foot, about the same as the national median of 135.6 for a similar property. Its greenhouse gas emissions were about 709 metric tons of CO2e (8.88 kg per square foot).

ENERGY STAR score (2024): 53 of 100
Grade this score earns (Local Law 33): D (under 55)
Property type (Portfolio Manager): Office
Site energy use intensity: 129.4 kBtu/SF
National median for the type: 135.6 kBtu/SF
Greenhouse gas emissions: 709 t CO2e
Emissions per SF: 8.88 kg CO2e
Floor area in the filing: 79,900 SF

ENERGY STAR score by year

202358 (C)
202453 (D)

Energy sources in 2024

Natural gas75%
Electricity25%

Share of the energy used on site, as filed.

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.

NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 118-01 Queens Boulevard in the 12 months to October 2026; the last one was first permitted in August 2024.

New jobs, last 12 months: 0
Initial permits, last 12 months: 0
Newest job first permitted: August 2024
Interior build-outs, last 24 months: 0

New jobs by year

20211
20220
20232
20241
20250
2026 to date0

Build-outs across Forest Hills Where NYC offices are being built out

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). 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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Next door, in Richmond Hill

OfficeFor lease

Available700SF

13039 135th Rd

Office Space for Lease in South Ozone Park, Queens · Richmond Hill

$51.43/SF/yr

Before you sign

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Questions about 118-01 Queens Boulevard

How big is 118-01 Queens Boulevard?

118-01 Queens Boulevard has about 88,000 square feet of floor area in total, including 62,000 square feet of office and 18,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 118-01 Queens Boulevard built?

City records list 1963 as the year built, with a major alteration recorded in 2017. The building is 6 floors tall.

What other addresses does 118-01 Queens Boulevard have?

City records list 118-01 to 118-27 Queens Boulevard on the same tax lot (BBL 4022700013) as 118-01 Queens Boulevard. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 118-01 Queens Boulevard?

118-01 Queens Boulevard is in ZIP code 11375, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 118-01 Queens Boulevard, Forest Hills, NY 11375.

What is the zoning at 118-01 Queens Boulevard?

The lot is in the C4-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 3.97 and a maximum commercial FAR of 3.4 for this lot.

What subway station is closest to 118-01 Queens Boulevard?

The closest subway station to 118-01 Queens Boulevard is Kew Gardens-Union Tpke (the E and F trains), about 300 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: 75 Av (the E and F trains), 8 min walk; Briarwood (the E and F trains), 14 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 118-01 Queens Boulevard?

The NYC Department of Finance's 2026/27 assessment roll lists WHITEHALL TERRACE ASSOCIATES as the owner of record of 118-01 Queens Boulevard (BBL 4022700013). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

What is the energy grade of 118-01 Queens Boulevard?

118-01 Queens Boulevard reported an ENERGY STAR score of 53 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 53 earns a D. 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 129.4 kBtu per square foot, about the same as the national median of 135.6 for a similar property. Its greenhouse gas emissions were about 709 metric tons of CO2e (8.88 kg per square foot).

Is there construction at 118-01 Queens Boulevard?

The Department of Buildings issued no permits for new jobs at 118-01 Queens Boulevard in the 12 months to October 2026; the last one was first permitted in August 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 4022700013. 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 118-01 Queens Boulevard?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.61 million for 118-01 Queens Boulevard. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $608,247 a year, roughly $6.89 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4022700013 show the actual bill.

What is the assessed value of 118-01 Queens Boulevard?

For tax year 2026/27, the NYC Department of Finance puts the market value of 118-01 Queens Boulevard at $13.4 million ($3.22 million of it land) and its assessed value at $6.05 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 15% from 2022/23 ($11.7 million) to 2026/27.

Is there office space for lease at 118-01 Queens Boulevard?

No space at 118-01 Queens Boulevard is listed on Leasemark right now. Nearby on Leasemark: office space for lease at 13039 135th Rd in Richmond Hill (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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Forest Hills

Transit hubs in Forest Hills

E F M R at Forest Hills-71 Av
E F at 75 Av
LIRR at Forest Hills