Factory and industrial building · Mariners Harbor, Staten Island
125 Lake Avenue
Staten Island, NY 10303
125 Lake Avenue is a 2-floor factory and industrial building in Mariners Harbor, Staten Island, built in 1945, with about 167,000 square feet of industrial and storage space according to city records.
Also at 212-218 Granite Avenue, 270 Granite Avenue, 135-139 Lake Avenue and 141 Lake Avenue (rear).
- Industrial and storage space
- 167K SF
- Floors
- 2
- Year built
- 1945
- Zoning
- M3-1
The largest of the 9 industrial and storage buildings we track in Mariners Harbor. Compare it with 6 neighbors
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Compared with its neighbors
How 125 Lake Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 14 minute walk, 125 Lake Avenue is the largest by industrial and storage floor area. It went up in 1945; the median neighbor dates from 1931. Its estimated property tax, about $2.16 a square foot of floor area before abatements, is below the neighbors' median of $2.46.
| Building | Industrial and storage space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 125 Lake Avenue | 167K SF | 2 | 1945 | $2.16 |
| 175 Lake Avenue | 52K SF | 1 | 1945 | $3.37 |
| 2604 Richmond Terrace | 92K SF | 6 | 2020 | $5.78 |
| Standard Varnish Works Factory Office Building, 2589 Richmond Terrace | 70K SF | 1 | 1931 | $1.50 |
| 3111 Richmond Terrace | 39K SF | 1 | 1931 | $1.94 |
| 3045 Richmond Terrace | 61K SF | 3 | 1931 | $1.67 |
| 60 Davidson Street | 48K SF | 1 | 1930 | $2.98 |
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 addresses
- 212-218 Granite Avenue; 270 Granite Avenue; 135-139 Lake Avenue; 141 Lake Avenue (rear)
- ZIP code
- 10303
- Building type
- Factory and industrial building (city class F5)
- Total floor area
- 166,543 SF
- Commercial floor area
- 166,543 SF
- Industrial and storage
- 166,543 SF
- Height
- 2 floors
- Year built
- 1945
- Last major alteration
- 1983
- Lot area
- 294,144 SF
- Zoning district
- M3-1
- Built FAR
- 0.57
- Max commercial FAR
- 2
- Tax lot (BBL)
- 5011610001
Nearest subway
- Stapleton
Other ways around Mariners Harbor
- Goethals Bridge to New Jersey
- Staten Island Expressway (I-278)
- Local and express buses (no subway or Staten Island Railway)
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-11; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-11. 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 CHAYIL PROPERTIES LLC as the owner of record. For tax year 2026/27 the city values 125 Lake Avenue at $7.37 million and assesses it at $3.31 million. After phase-ins and exemptions its taxable value is $3.31 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 $359,579 a year before abatements, roughly $2.16 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
- CHAYIL PROPERTIES LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $7,366,000
- Land market value
- $2,206,000
- Assessed value
- $3,314,700
- Estimated yearly tax
- About $359,579
- Tax per SF of floor area
- About $2.16
City market value by tax year
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 2026-10-11; 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 125 Lake Avenue? List a space here free and we match it against every active requirement.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
125 Lake 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 24.8 kBtu per square foot. Its greenhouse gas emissions were about 410 metric tons of CO2e (2.46 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Manufacturing/Industrial Plant
- Site energy use intensity
- 24.8 kBtu/SF
- Greenhouse gas emissions
- 410 t CO2e
- Emissions per SF
- 2.46 kg CO2e
- Floor area in the filing
- 166,543 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 2026-10-11; 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, 125 Lake Avenue comes to about 316 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,262 tons for 2024 to 2029 (25% of the limit), so it would owe no penalty. From 2030 the limit drops to 236 tons and the same energy use counts as about 186 tons, still under the limit.
- Period
- 2024 to 2029
- Emissions limit
- 1,262 t CO2e
- Estimated emissions
- 316 t CO2e
- Under the limit by
- 946 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 236 t CO2e
- Estimated emissions
- 186 t CO2e
- Under the limit by
- 50 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: Manufacturing/Industrial Plant 166,543 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.
Own or manage 125 Lake Avenue? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 125 Lake Avenue.
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 1
- Newest job first permitted
- May 2026
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across Mariners HarborWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-11 (permits issued through 2026-10-09). 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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Questions about 125 Lake Avenue
How big is 125 Lake Avenue?
125 Lake Avenue has about 167,000 square feet of floor area in total, including 167,000 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 125 Lake Avenue built?
City records list 1945 as the year built, with a major alteration recorded in 1983. The building is 2 floors tall.
What other addresses does 125 Lake Avenue have?
City records list 212-218 Granite Avenue, 270 Granite Avenue, 135-139 Lake Avenue and 141 Lake Avenue (rear) on the same tax lot (BBL 5011610001) as 125 Lake Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 125 Lake Avenue?
125 Lake Avenue is in ZIP code 10303, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 125 Lake Avenue, Staten Island, NY 10303, in Mariners Harbor.
What is the zoning at 125 Lake Avenue?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.57 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 125 Lake Avenue?
No subway within a short walk of 125 Lake Avenue: the nearest station is more than 1,600 meters away (about 20 minutes on foot before allowing for the street route). The closest subway station to 125 Lake Avenue is Stapleton (the Staten Island Railway), about 3.9 miles away in a straight line; the street route is longer. Other ways around Mariners Harbor: Goethals Bridge to New Jersey; Staten Island Expressway (I-278); Local and express buses (no subway or Staten Island Railway). These are neighborhood connections, not directions from the building.
Who owns 125 Lake Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists CHAYIL PROPERTIES LLC as the owner of record of 125 Lake Avenue (BBL 5011610001). 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 recorded by the Richmond County Clerk; Staten Island records are not in ACRIS, the city's system for the other four boroughs.
Does 125 Lake Avenue have an energy grade?
125 Lake 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 24.8 kBtu per square foot. Its greenhouse gas emissions were about 410 metric tons of CO2e (2.46 kg per square foot).
Does 125 Lake Avenue meet Local Law 97?
At its 2024 energy use, 125 Lake Avenue comes to about 316 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,262 tons for 2024 to 2029 (25% of the limit), so it would owe no penalty. From 2030 the limit drops to 236 tons and the same energy use counts as about 186 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 125 Lake Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 125 Lake Avenue. These are the Department of Buildings' DOB NOW work permits for tax lot 5011610001. 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 125 Lake Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.31 million for 125 Lake Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $359,579 a year, roughly $2.16 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 5011610001 show the actual bill.
What is the assessed value of 125 Lake Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 125 Lake Avenue at $7.37 million ($2.21 million of it land) and its assessed value at $3.31 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 4% from 2022/23 ($7.08 million) to 2026/27.
Is there industrial and storage space for lease at 125 Lake Avenue?
No space at 125 Lake 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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Mariners Harbor
Transit hubs in Mariners Harbor
- Goethals Bridge to New Jersey
- Staten Island Expressway (I-278)
- Local and express buses (no subway or Staten Island Railway)