Warehouse · College Point, Queens

15-54 18th Avenue

College Point, NY 11356

15-54 18th Avenue is a 2-floor warehouse in College Point, Queens, built in 1930, with about 80,000 square feet of industrial and storage space according to city records.

Also at 15-35 126th Street, 15-50 to 15-60 127th Street and 126-15 to 126-17 18th Avenue.

Industrial and storage space: 80K SF
Floors: 2
Year built: 1930
Zoning: M1-2

Industrial and storage space next to its nearest neighbors

131-21 14th Avenue7 min walk176K SF
15-54 18th AvenueThis building80K SF
18-00 119th Street8 min walk69K SF

The 7th largest of the 9 industrial and storage buildings we track in College Point. Compare it with 6 neighbors

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Compared with its neighbors

How 15-54 18th Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 12 minute walk, 15-54 18th Avenue ranks 5th of 7 by industrial and storage floor area. It went up in 1930; the median neighbor dates from 1945. Its estimated property tax, about $3.13 a square foot of floor area before abatements, is below the neighbors' median of $4.81.

15-54 18th 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
15-54 18th AvenueThis building	80K SF	2	1930	$3.13	n/a
131-21 14th Avenue7 min walk	176K SF	2	2022	$6.03	n/a
18-00 119th Street8 min walk	69K SF	1	1931	$4.25	n/a
116-02 15th Avenue10 min walk	131K SF	2	1916	$5.37	n/a
115-10 14th Road11 min walk	51K SF	1	1960	$3.64	Aug 2021, $12M
128-28 25th Avenue11 min walk	85K SF	1	1983	$7.32	Jun 2005, $14.3M
114-02 15th Avenue12 min walk	124K SF	3	1916	$4.09	n/a

The 7th largest of the 9 industrial and storage buildings we track in College Point: 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 50,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other addresses: 15-35 126th Street; 15-50 to 15-60 127th Street; 126-15 to 126-17 18th Avenue
ZIP code: 11356
Building type: Warehouse (city class E9)
Total floor area: 80,101 SF
Commercial floor area: 80,101 SF
Industrial and storage: 80,101 SF
Height: 2 floors
Year built: 1930
Lot area: 33,368 SF
Zoning district: M1-2
Built FAR: 2.4
Max commercial FAR: 2
Tax lot (BBL): 4040920001

Nearest subway

Flushing-Main St36 min walk · Accessible station

Nearby large buildings

132-01 20th Avenue67K SF retail · 2 floors · 7 min walk
132-07 14th Avenue50K SF retail · 1 floor · 8 min walk
135-05 20th Avenue140K SF retail · 1 floor · 9 min walk
137-05 20th Avenue120K SF retail · 1 floor · 12 min walk
112-02 15th Avenue158K SF industrial and storage · 1 floor · 13 min walk
139-15 20th Avenue77K SF retail · 1 floor · 14 min walk
141-07 20th Avenue88K SF office · 6 floors · 15 min walk
25-70 Whitestone Expressway346K SF industrial and storage · 3 floors · 16 min walk

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-03. 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 15-54 18th Avenue for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.

Storefronts registered for December 31, 2024: 1
Vacant that day: 0
Share vacant across College Point: 5.4%
Share vacant citywide: 8.7%

Vacant on December 31, by year

2019None registered
2020None registered
2021None registered
20220 of 1
20230 of 1
20240 of 1

Bars show the share of the lot's registered storefronts that stood vacant.

Need a storefront in College Point? Get matched Storefront vacancy across New York City

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-03. 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 2024 filing was due June 3, 2025, 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

Property tax and assessed value

For tax year 2026/27 the city values 15-54 18th Avenue at $5.42 million and assesses it at $2.44 million. After phase-ins and exemptions its taxable value is $2.31 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 $250,573 a year before abatements, roughly $3.13 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.

Tax class: Class 4 (commercial and industrial)
City market value: $5,422,000
Land market value: $1,668,000
Assessed value: $2,439,900
Taxable value (phased in): $2,309,850
Estimated yearly tax: About $250,573
Tax per SF of floor area: About $3.13

City market value by tax year

2022/23$4.74 million
2023/24$4.77 million
2024/25$5.34 million
2025/26$5.4 million
2026/27$5.42 million

Market value rose 14% from 2022/23 ($4.74 million) to 2026/27.

How College Point compares: property tax per SF across NYC neighborhoods

Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll), pulled 2026-10-03; 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.

NYC energy benchmarking (Local Law 84)

Energy use and emissions

15-54 18th 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 42 kBtu per square foot. Its greenhouse gas emissions were about 231 metric tons of CO2e (2.64 kg per square foot).

ENERGY STAR score (2024): None given
Property type (Portfolio Manager): Manufacturing/Industrial Plant
Site energy use intensity: 42 kBtu/SF
Greenhouse gas emissions: 231 t CO2e
Emissions per SF: 2.64 kg CO2e
Floor area in the filing: 87,424 SF

Energy sources in 2024

Natural gas84%
Electricity16%

Share of the energy used on site, as filed.

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 2026-10-03; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.

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Questions about 15-54 18th Avenue

How big is 15-54 18th Avenue?

15-54 18th Avenue has about 80,000 square feet of floor area in total, including 80,000 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 15-54 18th Avenue built?

City records list 1930 as the year built. The building is 2 floors tall.

What other addresses does 15-54 18th Avenue have?

City records list 15-35 126th Street, 15-50 to 15-60 127th Street and 126-15 to 126-17 18th Avenue on the same tax lot (BBL 4040920001) as 15-54 18th Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 15-54 18th Avenue?

15-54 18th Avenue is in ZIP code 11356, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 15-54 18th Avenue, College Point, NY 11356.

What is the zoning at 15-54 18th Avenue?

The lot is in the M1-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 2.4 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 15-54 18th Avenue?

The closest subway station to 15-54 18th Avenue is Flushing-Main St (the 7 train), about 1.8 miles away in a straight line, roughly 36 minutes on foot. The MTA lists it as an accessible station. Walking times are straight-line estimates; the street route is longer.

Does 15-54 18th Avenue have an energy grade?

What are the property taxes at 15-54 18th Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.31 million for 15-54 18th Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $250,573 a year, roughly $3.13 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4040920001 show the actual bill.

What is the assessed value of 15-54 18th Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 15-54 18th Avenue at $5.42 million ($1.67 million of it land) and its assessed value at $2.44 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 14% from 2022/23 ($4.74 million) to 2026/27.

Are there vacant storefronts at 15-54 18th Avenue?

Owners registered one storefront at 15-54 18th Avenue for December 31, 2024, 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 15-54 18th Avenue?

No space at 15-54 18th 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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