Factory and industrial building · Richmond Hill, Queens

120-08 Jamaica Avenue

Richmond Hill, NY 11418

120-08 Jamaica Avenue is a 4-floor factory and industrial building in Richmond Hill, Queens, built in 1902, with about 36,000 square feet of industrial and storage space according to city records.

Also at 87-03 to 87-13 120th Street and 120-14 to 120-18 Jamaica Avenue.

Industrial and storage space: 36K SF
Floors: 4
Year built: 1902
Zoning: M1-5

Industrial and storage space next to its nearest neighbors

87-16 121st Street1 min walk154K SF
87-40 121st Street1 min walk83K SF
119-24 Jamaica Avenue1 min walk46K SF
120-08 Jamaica AvenueThis building36K SF

The 9th 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 120-08 Jamaica Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 13 minute walk, 120-08 Jamaica Avenue is the smallest by industrial and storage floor area. Built in 1902, it is the oldest of them. Its property tax is fully exempt on the city's assessment roll.

120-08 Jamaica Avenue and the 6 nearest large industrial and storage buildings: size, floors, year built, estimated property tax per square foot and last sale
Building	Industrial and storage space	Floors	Built	Tax / SF	Last sale
120-08 Jamaica AvenueThis building	36K SF	4	1902	Exempt	Oct 2023, $18M (4 lots)
119-24 Jamaica Avenue1 min walk	46K SF	5	2005	$5.64	n/a
87-16 121st Street1 min walk	154K SF	7	2020	$5.16	Jan 2026, $84.7M
87-40 121st Street1 min walk	83K SF	6	1930	$5.65	Jan 2022, $46.5M
87-46 123rd Street3 min walk	138K SF	3	1931	Exempt	Jun 2017, $18.1M
130-11 Atlantic Avenue12 min walk	45K SF	3	1930	$3.86	Feb 2010, $3.5M
131-11 Atlantic Avenue13 min walk	170K SF	4	1931	$2.76	n/a

The 9th largest of the 9 industrial and storage buildings we track in Richmond Hill: 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); 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 addresses: 87-03 to 87-13 120th Street; 120-14 to 120-18 Jamaica Avenue
ZIP code: 11418
Building type: Factory and industrial building (city class F5)
Total floor area: 35,600 SF
Commercial floor area: 35,600 SF
Industrial and storage: 35,600 SF
Height: 4 floors
Average floor: About 8,900 SF (floor area divided by floors)
Year built: 1902
Last major alteration: 1967
Lot area: 16,947 SF
Zoning district: M1-5
Built FAR: 2.1
Max commercial FAR: 5
Tax lot (BBL): 4093300001

Nearest subway

121 St1 min walk · Not accessible
111 St8 min walk · Not accessible
Jamaica-Van Wyck14 min walk · Accessible station

Nearby large buildings

116-06 Myrtle Avenue35K SF office · 4 floors · 4 min walk
134-14 Jamaica Avenue107K SF office · 4 floors · 13 min walk
91-30 Van Wyck Expressway42K SF office · 2 floors · 15 min walk
93-30 Van Wyck Expressway47K SF industrial and storage · 6 floors · 16 min walk
93-38 Van Wyck Expressway41K SF industrial and storage · 6 floors · 16 min walk
138-54 94th Avenue143K SF industrial and storage · 3 floors · 20 min walk
144-17 91st Avenue81K SF industrial and storage · 2 floors · 21 min walk
118-01 Queens Boulevard62K SF office · 6 floors · 21 min walk

All 17 large commercial buildings on Jamaica Avenue

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 NEW YORK CITY SCHOOL CONSTRUCTION AUTHOR ITY as the owner of record. For tax year 2026/27 the city values 120-08 Jamaica Avenue at $2.48 million and assesses it at $1.12 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.

Owner of record: NEW YORK CITY SCHOOL CONSTRUCTION AUTHOR ITY
Tax class: Class 4 (commercial and industrial)
City market value: $2,479,000
Land market value: $491,000
Assessed value: $1,115,550
Exemptions: $1,115,550
Estimated yearly tax: Fully exempt on the roll

City market value by tax year

2022/23$2.28 million
2023/24$2.39 million
2024/25$2.47 million
2025/26$2.54 million
2026/27$2.48 million

Market value rose 9% from 2022/23 ($2.28 million) to 2026/27.

How Richmond Hill compares: property tax per SF across NYC neighborhoods How NYC commercial property tax works, and why some towers show $0

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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. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.

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NYC property records (ACRIS)

Sales history

Last sale (deed date): October 12, 2023
Combined price: $18,000,000 for 4 tax lots
Buyer: NEW YORK CITY SCHOOL CONSTRUCTION AUTHORITY
Deed recorded: October 18, 2023
ACRIS document: 2023101300961001

All 5 building sales in Richmond Hill since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out; a price for several tax lots is the combined price, not this building's alone.

No industrial and storage space listed in Richmond Hill yet

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Questions about 120-08 Jamaica Avenue

How big is 120-08 Jamaica Avenue?

120-08 Jamaica Avenue has about 36,000 square feet of floor area in total, including 36,000 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 120-08 Jamaica Avenue built?

City records list 1902 as the year built, with a major alteration recorded in 1967. The building is 4 floors tall.

What other addresses does 120-08 Jamaica Avenue have?

City records list 87-03 to 87-13 120th Street and 120-14 to 120-18 Jamaica Avenue on the same tax lot (BBL 4093300001) as 120-08 Jamaica Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 120-08 Jamaica Avenue?

120-08 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 120-08 Jamaica Avenue, Richmond Hill, NY 11418.

What is the zoning at 120-08 Jamaica Avenue?

The lot is in the M1-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 2.1 and a maximum commercial FAR of 5 for this lot.

What subway station is closest to 120-08 Jamaica Avenue?

The closest subway station to 120-08 Jamaica Avenue is 121 St (the J and Z trains), about 350 feet away in a straight line, roughly 1 minute 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 120-08 Jamaica Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists NEW YORK CITY SCHOOL CONSTRUCTION AUTHOR ITY as the owner of record of 120-08 Jamaica Avenue (BBL 4093300001). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

When was 120-08 Jamaica Avenue last sold?

120-08 Jamaica Avenue last sold in October 2023 in a $18 million sale that covered 4 tax lots, this one among them, according to the deed recorded with the city. The buyer of record was NEW YORK CITY SCHOOL CONSTRUCTION AUTHORITY. The deed is ACRIS document 2023101300961001 (BBL 4093300001) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.

What are the property taxes at 120-08 Jamaica Avenue?

The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 120-08 Jamaica Avenue, so there is no property tax on the roll to estimate. That is common for government, nonprofit and payment-in-lieu-of-taxes (PILOT) properties. The city's property tax records for BBL 4093300001 show what is actually billed.

What is the assessed value of 120-08 Jamaica Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 120-08 Jamaica Avenue at $2.48 million ($491,000 of it land) and its assessed value at $1.12 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 9% from 2022/23 ($2.28 million) to 2026/27.

Is there industrial and storage space for lease at 120-08 Jamaica Avenue?

No space at 120-08 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.

2,723 buildings from city records

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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