Retail building · Jamaica, Queens

162-17 Jamaica Avenue

Jamaica, NY 11432

162-17 Jamaica Avenue is a 4-floor retail building in Jamaica, Queens, built in 1930, with about 57,000 square feet of retail space according to city records.

Also at 162-11 to 162-19 Jamaica Avenue.

Retail space: 57K SF
Floors: 4
Year built: 1930
Zoning: C6-3

Retail space next to its nearest neighbors

162-17 Jamaica AvenueThis building57K SF
163-19 Jamaica Avenue1 min walk55K SF
162-29 Jamaica Avenue1 min walk50K SF
163-02 Jamaica Avenue1 min walk39K SF

The 5th largest of the 10 retail buildings we track in Jamaica. Compare it with 6 neighbors

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Compared with its neighbors

How 162-17 Jamaica Avenue compares

Next to the 6 nearest large retail buildings, all within a 3 minute walk, 162-17 Jamaica Avenue ranks 3rd of 7 by retail floor area. It went up in 1930; the median neighbor dates from 1943. Its estimated property tax, about $9.04 a square foot of floor area before abatements, is below the neighbors' median of $10.63.

162-17 Jamaica Avenue and the 6 nearest large retail buildings: size, floors, year built, estimated property tax per square foot and last sale
Building	Retail space	Floors	Built	Tax / SF	Last sale
162-17 Jamaica AvenueThis building	57K SF	4	1930	$9.04	Nov 2024, $10.5M
162-29 Jamaica Avenue1 min walk	50K SF	4	1937	$7.34	Aug 2023, $19.3M (2 lots)
163-02 Jamaica Avenue1 min walk	39K SF	2	1927	$15.20	n/a
163-19 Jamaica Avenue1 min walk	55K SF	2	1952	$16.37	n/a
160-08 Jamaica Avenue2 min walk	122K SF	4	1922	$10.63	Aug 2012, $14M
89-28 165th Street3 min walk	47K SF	1	1949	$9.00	May 2026, $18.5M
159-02 Jamaica Avenue3 min walk	240K SF	3	1999	Exempt	n/a

The 5th largest of the 10 retail buildings we track in Jamaica: 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 address: 162-11 to 162-19 Jamaica Avenue
ZIP code: 11432
Building type: Retail building (city class K2)
Total floor area: 57,325 SF
Commercial floor area: 57,325 SF
Retail: 57,325 SF
Height: 4 floors
Average floor: About 14,300 SF (floor area divided by floors)
Year built: 1930
Lot area: 14,183 SF
Zoning district: C6-3
Built FAR: 4.04
Max commercial FAR: 6
Tax lot (BBL): 4097610095

Nearest subway

Jamaica Center-Parsons/Archer5 min walk · Accessible station
Parsons Blvd7 min walk · Not accessible
169 St9 min walk · Not accessible

Nearby large buildings

161-21 Jamaica Avenue40K SF office · 7 floors · 1 min walk
161-01 Jamaica Avenue91K SF office · 5 floors · 1 min walk
162-10 Jamaica Avenue339K SF office · 7 floors · 2 min walk
163-18 Jamaica Avenue59K SF office · 7 floors · 2 min walk
161-10 Jamaica Avenue66K SF office · 6 floors · 2 min walk
Jamaica Chamber of Commerce Building, 89-31 161st Street59K SF office · 10 floors · 2 min walk
Suffolk Title and Guarantee Company Building, 90-04 160th Street58K SF office · 8 floors · 2 min walk
89-02 165th Street122K SF retail · 2 floors · 3 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 JAMAICA R MMM LLC as the owner of record. For tax year 2026/27 the city values 162-17 Jamaica Avenue at $11.3 million and assesses it at $5.09 million. After phase-ins and exemptions its taxable value is $4.78 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 $518,465 a year before abatements, roughly $9.04 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: JAMAICA R MMM LLC
Tax class: Class 4 (commercial and industrial)
City market value: $11,315,000
Land market value: $1,690,000
Assessed value: $5,091,750
Taxable value (phased in): $4,779,360
Estimated yearly tax: About $518,465
Tax per SF of floor area: About $9.04

City market value by tax year

2022/23$9.17 million
2023/24$10.1 million
2024/25$10.5 million
2025/26$11.3 million
2026/27$11.3 million

Market value rose 23% from 2022/23 ($9.17 million) to 2026/27.

How Jamaica compares: property tax per SF across NYC neighborhoods Estimate this tax bill, or a tenant's share of it How NYC commercial property tax works

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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; 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 property records (ACRIS)

Sales history

Last sale (deed date): November 13, 2024
Price: $10,500,000
Price per SF of floor area: About $183
Seller: 162-11 JAMAICA AVENUE REALTY ASSOCIATES
Buyer: JAMAICA R MMM LLC and JAMAICA W MMM LLC
Deed recorded: November 22, 2024
ACRIS document: 2024112000634006

All 5 building sales in Jamaica 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.

NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 162-17 Jamaica Avenue in the 12 months to October 2026; the last one was first permitted in December 2023.

New jobs, last 12 months: 0
Initial permits, last 12 months: 0
Newest job first permitted: December 2023
Interior build-outs, last 24 months: 0

New jobs by year

20210
20227
20239
20240
20250
2026 to date0

Build-outs across Jamaica Where 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.

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Questions about 162-17 Jamaica Avenue

How big is 162-17 Jamaica Avenue?

162-17 Jamaica Avenue has about 57,000 square feet of floor area in total, including 57,000 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 162-17 Jamaica Avenue built?

City records list 1930 as the year built. The building is 4 floors tall.

What other addresses does 162-17 Jamaica Avenue have?

City records list 162-11 to 162-19 Jamaica Avenue on the same tax lot (BBL 4097610095) as 162-17 Jamaica Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 162-17 Jamaica Avenue?

162-17 Jamaica Avenue is in ZIP code 11432, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 162-17 Jamaica Avenue, Jamaica, NY 11432.

What is the zoning at 162-17 Jamaica Avenue?

The lot is in the C6-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 4.04 and a maximum commercial FAR of 6 for this lot.

What subway station is closest to 162-17 Jamaica Avenue?

The closest subway station to 162-17 Jamaica Avenue is Jamaica Center-Parsons/Archer (the E, J and Z trains), about 0.3 miles away in a straight line, roughly 5 minutes on foot. The MTA lists it as an accessible station. Also nearby: Parsons Blvd (the F train), 7 min walk; 169 St (the F train), 9 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 162-17 Jamaica Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists JAMAICA R MMM LLC as the owner of record of 162-17 Jamaica Avenue (BBL 4097610095). 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 162-17 Jamaica Avenue last sold?

162-17 Jamaica Avenue last sold in November 2024 for $10.5 million, according to the deed recorded with the city. 162-11 JAMAICA AVENUE REALTY ASSOCIATES sold it to JAMAICA R MMM LLC and JAMAICA W MMM LLC. That comes to about $183 per square foot of floor area. The deed is ACRIS document 2024112000634006 (BBL 4097610095) 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.

Is there construction at 162-17 Jamaica Avenue?

The Department of Buildings issued no permits for new jobs at 162-17 Jamaica Avenue in the 12 months to October 2026; the last one was first permitted in December 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 4097610095. 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 162-17 Jamaica Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $4.78 million for 162-17 Jamaica Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $518,465 a year, roughly $9.04 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4097610095 show the actual bill.

What is the assessed value of 162-17 Jamaica Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 162-17 Jamaica Avenue at $11.3 million ($1.69 million of it land) and its assessed value at $5.09 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 23% from 2022/23 ($9.17 million) to 2026/27.

Is there retail space for lease at 162-17 Jamaica Avenue?

No space at 162-17 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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Transit hubs in Jamaica

E J Z at Jamaica Center-Parsons/Archer
E J Z at Sutphin Blvd-Archer Av-JFK Airport
LIRR and AirTrain JFK at Jamaica