Self-storage building · College Point, Queens
124-16 31st Avenue
Flushing, NY 11354
124-16 31st Avenue is a 4-floor self-storage building in College Point, Queens, built in 2010, with about 83,000 square feet of industrial and storage space according to city records.
Also at 124-16 31st Avenue (rear).
- Industrial and storage space
- 83K SF
- Floors
- 4
- Year built
- 2010
- Zoning
- M2-1
The 9th largest of the 20 industrial and storage buildings we track in College Point. Compare it with 6 neighbors
No space at 124-16 31st Avenue is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once. Nothing free right now? Get tenant alerts for College Point and hear the moment a tenant posts a requirement there. Manage or lease this building? Claim this page.
Print a one-page profile of this building for a tour book or a client proposal.
Compared with its neighbors
How 124-16 31st Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 6 minute walk, 124-16 31st Avenue ranks 3rd of 7 by industrial and storage floor area. It went up in 2010; the median neighbor dates from 1991. Its estimated property tax, about $6.31 a square foot of floor area before abatements, is below the neighbors' median of $6.78.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 124-16 31st Avenue | 83K SF | 4 | 2010 | $6.31 | Nov 2018, $37M |
| 125-12 31st Avenue | 54K SF | 2 | 2017 | $8.72 | n/a |
| 31-99 123rd Street | 40K SF | 2 | 1984 | $12.07 | Feb 2008, $9.1M |
| 31-05 College Point Boulevard | 182K SF | 3 | 1999 | Exempt | n/a |
| 121-16 28th Avenue | 43K SF | 2 | 1953 | $5.77 | n/a |
| 31-50 Whitestone Expressway | 69K SF | 6 | 2019 | $6.78 | Dec 2020, $90M (2 lots) |
| 31-40 Whitestone Expressway | 98K SF | 6 | 1920 | $6.47 | Dec 2020, $90M (2 lots) |
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
- 124-16 31st Avenue (rear)
- ZIP code
- 11354
- Building type
- Self-storage building (city class E7)
- Total floor area
- 82,867 SF
- Commercial floor area
- 82,867 SF
- Industrial and storage
- 82,867 SF
- Height
- 4 floors
- Average floor
- About 20,700 SF (floor area divided by floors)
- Year built
- 2010
- Lot area
- 37,500 SF
- Zoning district
- M2-1
- Built FAR
- 2.21
- Max commercial FAR
- 2
- Tax lot (BBL)
- 4043950008
Nearest subway
- Flushing-Main 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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered one storefront at 124-16 31st 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 College Point
- 3.3%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Need a storefront in College Point? 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 CUBESMART, L.P. as the owner of record. For tax year 2026/27 the city values 124-16 31st Avenue at $14.2 million and assesses it at $6.4 million. After phase-ins and exemptions its taxable value is $4.82 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 $522,939 a year before abatements, roughly $6.31 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
- CUBESMART, L.P.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $14,212,000
- Land market value
- $1,875,000
- Assessed value
- $6,395,400
- Taxable value (phased in)
- $4,820,600
- Estimated yearly tax
- About $522,939
- Tax per SF of floor area
- About $6.31
City market value by tax year
Manage or lease this building? Claim this page. Requests are reviewed by hand.
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 124-16 31st Avenue? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC property records (ACRIS)
Sales history
124-16 31st Avenue last sold in November 2018 for $37 million, according to the deed recorded with the city. 124-04 31ST AVE LLC sold it to CUBESMART, L.P.. That comes to about $446 per square foot of floor area.
- Last sale (deed date)
- November 28, 2018
- Price
- $37,000,000
- Price per SF of floor area
- About $446
- Seller
- 124-04 31ST AVE LLC
- Buyer
- CUBESMART, L.P.
- Deed recorded
- December 4, 2018
- ACRIS document
- 2018112900800001
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.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
124-16 31st 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 11.7 kBtu per square foot, 38% below the national median of 19 for a similar property. Its greenhouse gas emissions were about 80 metric tons of CO2e (1.23 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Self-Storage Facility
- Site energy use intensity
- 11.7 kBtu/SF
- National median for the type
- 19 kBtu/SF
- Greenhouse gas emissions
- 80 t CO2e
- Emissions per SF
- 1.23 kg CO2e
- Floor area in the filing
- 65,175 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, 124-16 31st Avenue comes to about 61 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 278 tons for 2024 to 2029 (22% of the limit), so it would owe no penalty. From 2030 the limit drops to 40 tons and the same energy use counts as about 34 tons, still under the limit.
- Period
- 2024 to 2029
- Emissions limit
- 278 t CO2e
- Estimated emissions
- 61 t CO2e
- Under the limit by
- 217 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 40 t CO2e
- Estimated emissions
- 34 t CO2e
- Under the limit by
- 6 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: Self-Storage Facility 65,175 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 124-16 31st 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 124-16 31st Avenue in the 12 months to October 2026; the last one was first permitted in October 2023.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- October 2023
- Interior build-outs, last 24 months
- 0
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 2026-10-24 (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 College Point yet
Own or broker space at 124-16 31st Avenue? List it free: it shows on this page and is matched against every active requirement the day it goes up.
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
What does $/SF/yr mean? How to calculate rent per square foot
$/SF/yr is a year's rent for one square foot. How to turn it into a monthly bill, spot a monthly quote, and see what the rate leaves out before you compare spaces.
Tenant rep broker or going direct? Leasing in NYC
Should you hire a tenant rep broker or deal with landlords directly? Who pays commissions in NYC, what a tenant rep does, and how to choose one.
Questions about 124-16 31st Avenue
How big is 124-16 31st Avenue?
124-16 31st Avenue has about 83,000 square feet of floor area in total, including 83,000 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 124-16 31st Avenue built?
City records list 2010 as the year built. The building is 4 floors tall.
What other addresses does 124-16 31st Avenue have?
City records list 124-16 31st Avenue (rear) on the same tax lot (BBL 4043950008) as 124-16 31st Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 124-16 31st Avenue?
124-16 31st Avenue is in ZIP code 11354, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 124-16 31st Avenue, Flushing, NY 11354, in College Point.
What is the zoning at 124-16 31st Avenue?
The lot is in the M2-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 2.21 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 124-16 31st Avenue?
The closest subway station to 124-16 31st Avenue is Flushing-Main St (the 7 train), about 1.0 miles away in a straight line, roughly 20 minutes on foot. The MTA lists it as an accessible station. Walking times are straight-line estimates; the street route is longer.
Who owns 124-16 31st Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists CUBESMART, L.P. as the owner of record of 124-16 31st Avenue (BBL 4043950008). 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.
When was 124-16 31st Avenue last sold?
124-16 31st Avenue last sold in November 2018 for $37 million, according to the deed recorded with the city. 124-04 31ST AVE LLC sold it to CUBESMART, L.P.. That comes to about $446 per square foot of floor area. The deed is ACRIS document 2018112900800001 (BBL 4043950008) 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.
Does 124-16 31st Avenue have an energy grade?
124-16 31st 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 11.7 kBtu per square foot, 38% below the national median of 19 for a similar property. Its greenhouse gas emissions were about 80 metric tons of CO2e (1.23 kg per square foot).
Does 124-16 31st Avenue meet Local Law 97?
At its 2024 energy use, 124-16 31st Avenue comes to about 61 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 278 tons for 2024 to 2029 (22% of the limit), so it would owe no penalty. From 2030 the limit drops to 40 tons and the same energy use counts as about 34 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.
Is there construction at 124-16 31st Avenue?
The Department of Buildings issued no permits for new jobs at 124-16 31st Avenue in the 12 months to October 2026; the last one was first permitted in October 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 4043950008. 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 124-16 31st Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $4.82 million for 124-16 31st Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $522,939 a year, roughly $6.31 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4043950008 show the actual bill.
What is the assessed value of 124-16 31st Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 124-16 31st Avenue at $14.2 million ($1.88 million of it land) and its assessed value at $6.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 48% from 2022/23 ($9.6 million) to 2026/27.
Are there vacant storefronts at 124-16 31st Avenue?
Owners registered one storefront at 124-16 31st 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 124-16 31st Avenue?
No space at 124-16 31st 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
Look up another building
Size, owner of record and property tax, plus the last sale and energy grade where the city has them, for every large office, retail and industrial building we track. Type any address on the lot (like 350 Fifth Avenue), a building name, a street or a neighborhood.
College Point
Transit hubs in College Point
- Q25 and Q65 buses
- Whitestone Expressway