Self-storage building · Richmond Hill, Queens
119-24 Jamaica Avenue
Richmond Hill, NY 11418
119-24 Jamaica Avenue is a 5-floor self-storage building in Richmond Hill, Queens, built in 2005, with about 46,000 square feet of industrial and storage space according to city records.
Also at 87-06 120th Street.
- Industrial and storage space
- 46K SF
- Floors
- 5
- Year built
- 2005
- Zoning
- M1-5
The 6th largest of the 9 industrial and storage buildings we track in Richmond Hill. Compare it with 6 neighbors
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Compared with its neighbors
How 119-24 Jamaica Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 13 minute walk, 119-24 Jamaica Avenue ranks 5th of 7 by industrial and storage floor area. It went up in 2005; the median neighbor dates from 1930. Its estimated property tax, about $5.64 a square foot of floor area before abatements, is above the neighbors' median of $4.51.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 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 | 154K 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 |
| 131-11 Atlantic Avenue | 170K SF | 4 | 1931 | $2.76 | n/a |
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
- 87-06 120th Street
- ZIP code
- 11418
- Building type
- Self-storage building (city class E7)
- Total floor area
- 45,800 SF
- Commercial floor area
- 45,800 SF
- Industrial and storage
- 45,800 SF
- Height
- 5 floors
- Average floor
- About 9,200 SF (floor area divided by floors)
- Year built
- 2005
- Lot area
- 9,990 SF
- Zoning district
- M1-5
- Built FAR
- 4.58
- Max commercial FAR
- 5
- Tax lot (BBL)
- 4093290010
Nearest subway
- 121 St
- 111 St
- Jamaica-Van Wyck
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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered one storefront at 119-24 Jamaica Avenue for December 31, 2025, the newest annual filing the city has published, and it was not vacant that day.
- Storefronts registered for December 31, 2025
- 1
- Vacant that day
- 0
- Share vacant across Richmond Hill
- 7.8%
- Share vacant along Jamaica Avenue
- 9.8%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Need a storefront in Richmond Hill? Get matchedNYC storefront vacancy report
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2025 filing was due June 1, 2026, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists SAFEGAURD PROPERTIES III LLC as the owner of record. For tax year 2026/27 the city values 119-24 Jamaica Avenue at $6.99 million and assesses it at $3.15 million. After phase-ins and exemptions its taxable value is $2.38 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 $258,295 a year before abatements, roughly $5.64 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
- SAFEGAURD PROPERTIES III LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $6,991,000
- Land market value
- $500,000
- Assessed value
- $3,145,950
- Taxable value (phased in)
- $2,381,040
- Estimated yearly tax
- About $258,295
- Tax per SF of floor area
- About $5.64
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.
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NYC energy benchmarking (Local Law 84)
Energy use and emissions
119-24 Jamaica Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 13.8 kBtu per square foot, 47% below the national median of 25.8 for a similar property. Its greenhouse gas emissions were about 56.8 metric tons of CO2e (1.13 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Self-Storage Facility
- Site energy use intensity
- 13.8 kBtu/SF
- National median for the type
- 25.8 kBtu/SF
- Greenhouse gas emissions
- 56.8 t CO2e
- Emissions per SF
- 1.13 kg CO2e
- Floor area in the filing
- 50,380 SF
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.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 119-24 Jamaica Avenue comes to about 47 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 215 tons for 2024 to 2029 (22% of the limit), so it would owe no penalty. From 2030 the limit drops to 31 tons and the same energy use counts as about 34 tons, about 3 tons over, or an estimated $700 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 215 t CO2e
- Estimated emissions
- 47 t CO2e
- Under the limit by
- 168 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 31 t CO2e
- Estimated emissions
- 34 t CO2e
- Over the limit by
- 3 t CO2e
- Estimated penalty a year
- $700
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Self-Storage Facility 50,380 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 119-24 Jamaica Avenue? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 119-24 Jamaica Avenue in the 12 months to October 2026; the last one was first permitted in January 2024.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- January 2024
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across Richmond HillWhere 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.
No industrial and storage space listed in Richmond Hill yet
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Before you sign
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Questions about 119-24 Jamaica Avenue
How big is 119-24 Jamaica Avenue?
119-24 Jamaica Avenue has about 46,000 square feet of floor area in total, including 46,000 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 119-24 Jamaica Avenue built?
City records list 2005 as the year built. The building is 5 floors tall.
What other addresses does 119-24 Jamaica Avenue have?
City records list 87-06 120th Street on the same tax lot (BBL 4093290010) as 119-24 Jamaica Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 119-24 Jamaica Avenue?
119-24 Jamaica 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 119-24 Jamaica Avenue, Richmond Hill, NY 11418.
What is the zoning at 119-24 Jamaica Avenue?
The lot is in the M1-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 4.58 and a maximum commercial FAR of 5 for this lot.
What subway station is closest to 119-24 Jamaica Avenue?
The closest subway station to 119-24 Jamaica Avenue is 121 St (the J and Z trains), about 500 feet away in a straight line, roughly 2 minutes on foot. Also nearby: 111 St (the J train), 8 min walk; Jamaica-Van Wyck (the E train), 14 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 119-24 Jamaica Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists SAFEGAURD PROPERTIES III LLC as the owner of record of 119-24 Jamaica Avenue (BBL 4093290010). 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.
Does 119-24 Jamaica Avenue have an energy grade?
119-24 Jamaica Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 13.8 kBtu per square foot, 47% below the national median of 25.8 for a similar property. Its greenhouse gas emissions were about 56.8 metric tons of CO2e (1.13 kg per square foot).
Does 119-24 Jamaica Avenue meet Local Law 97?
At its 2024 energy use, 119-24 Jamaica Avenue comes to about 47 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 215 tons for 2024 to 2029 (22% of the limit), so it would owe no penalty. From 2030 the limit drops to 31 tons and the same energy use counts as about 34 tons, about 3 tons over, or an estimated $700 a year unless the building cuts its emissions. 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.
Is there construction at 119-24 Jamaica Avenue?
The Department of Buildings issued no permits for new jobs at 119-24 Jamaica Avenue in the 12 months to October 2026; the last one was first permitted in January 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 4093290010. 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 119-24 Jamaica Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.38 million for 119-24 Jamaica Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $258,295 a year, roughly $5.64 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4093290010 show the actual bill.
What is the assessed value of 119-24 Jamaica Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 119-24 Jamaica Avenue at $6.99 million ($500,000 of it land) and its assessed value at $3.15 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 53% from 2022/23 ($4.58 million) to 2026/27.
Are there vacant storefronts at 119-24 Jamaica Avenue?
Owners registered one storefront at 119-24 Jamaica Avenue for December 31, 2025, the newest annual filing the city has published, and it was not vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.
Is there industrial and storage space for lease at 119-24 Jamaica Avenue?
No space at 119-24 Jamaica 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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Richmond Hill
Transit hubs in Richmond Hill
- J at 121 St
- J at 111 St
- J at 104 St
- Van Wyck Expressway