Retail building · Flushing, Queens
136-29 37th Avenue
Flushing, NY 11354
136-29 37th Avenue is a retail building in Flushing, Queens, built in 2025, with about 61,000 square feet of retail space according to city records.
- Retail space
- 61K SF
- Floors
- n/a
- Year built
- 2025
- Zoning
- C4-3
The 4th largest of the 11 retail buildings we track in Flushing. Compare it with 6 neighbors
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Compared with its neighbors
How 136-29 37th Avenue compares
Next to the 6 nearest large retail buildings, all within a 12 minute walk, 136-29 37th Avenue ranks 3rd of 7 by retail floor area. Built in 2025, it is the newest of them. Its estimated property tax, about $0.61 a square foot of floor area before abatements, is below the neighbors' median of $10.81.
| Building | Retail space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 136-29 37th Avenue | 61K SF | n/a | 2025 | $0.61 | n/a |
| 37-13 Main Street | 45K SF | 1 | 1953 | $12.14 | n/a |
| 136-32 Roosevelt Avenue | 223K SF | 4 | 1951 | $4.78 | n/a |
| 136-20 Roosevelt Avenue | 137K SF | 3 | 1967 | $9.92 | n/a |
| 33-37 Farrington Street | 46K SF | 2 | 1966 | $7.23 | Feb 2024, $23.1M |
| 31-35 Downing Street | 46K SF | 2 | 1940 | $11.71 | Jul 2011, $5.5M (3 lots) |
| 31-06 Farrington Street | 56K SF | 1 | 1973 | $14.50 | 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
- ZIP code
- 11354
- Building type
- Retail building (city class K4)
- Total floor area
- 143,291 SF
- Commercial floor area
- 143,291 SF
- Office
- 34,695 SF
- Retail
- 60,888 SF
- Year built
- 2025
- Lot area
- 18,775 SF
- Zoning district
- C4-3
- Built FAR
- 7.63
- Max commercial FAR
- 3.4
- Tax lot (BBL)
- 4049780015
Nearest subway
- Flushing-Main St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; 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 AGE DEVELOPERS LLC as the owner of record. For tax year 2026/27 the city values 136-29 37th Avenue at $1.78 million and assesses it at $801,000. After phase-ins and exemptions its taxable value is $801,000; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $86,892 a year before abatements, roughly $0.61 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
- NEW AGE DEVELOPERS LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $1,780,000
- Land market value
- $1,780,000
- Assessed value
- $801,000
- Estimated yearly tax
- About $86,892
- Tax per SF of floor area
- About $0.61
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 Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 136-29 37th Avenue in the 12 months to October 2026; the last one was first permitted in February 2024.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- February 2024
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across FlushingWhere 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 retail space listed in Flushing yet
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Before you sign
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Questions about 136-29 37th Avenue
How big is 136-29 37th Avenue?
136-29 37th Avenue has about 143,000 square feet of floor area in total, including 35,000 square feet of office and 61,000 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 136-29 37th Avenue built?
City records list 2025 as the year built.
What is the ZIP code of 136-29 37th Avenue?
136-29 37th 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 136-29 37th Avenue, Flushing, NY 11354.
What is the zoning at 136-29 37th Avenue?
The lot is in the C4-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 7.63 and a maximum commercial FAR of 3.4 for this lot.
What subway station is closest to 136-29 37th Avenue?
The closest subway station to 136-29 37th Avenue is Flushing-Main St (the 7 train), about 650 feet away in a straight line, roughly 3 minutes on foot. The MTA lists it as an accessible station. Walking times are straight-line estimates; the street route is longer.
Who owns 136-29 37th Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists NEW AGE DEVELOPERS LLC as the owner of record of 136-29 37th Avenue (BBL 4049780015). 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.
Is there construction at 136-29 37th Avenue?
The Department of Buildings issued no permits for new jobs at 136-29 37th Avenue in the 12 months to October 2026; the last one was first permitted in February 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 4049780015. 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 136-29 37th Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $801,000 for 136-29 37th Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $86,892 a year, roughly $0.61 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4049780015 show the actual bill.
What is the assessed value of 136-29 37th Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 136-29 37th Avenue at $1.78 million ($1.78 million of it land) and its assessed value at $801,000, the 45% of market value the city assesses for Class 4 property. The city's market value fell 59% from 2022/23 ($4.3 million) to 2026/27.
Is there retail space for lease at 136-29 37th Avenue?
No space at 136-29 37th 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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Flushing
Transit hubs in Flushing
- 7 at Flushing-Main St
- LIRR at Flushing-Main Street