Department store building · Jamaica, Queens

162-29 Jamaica Avenue

Jamaica, NY 11432

162-29 Jamaica Avenue is a 4-floor department store building in Jamaica, Queens, built in 1937, with about 50,000 square feet of retail space according to city records.

Also at 89-70 163rd Street and 162-21 to 162-29 Jamaica Avenue.

Retail space
50K SF
Floors
4
Year built
1937
Zoning
C6-3

Retail space next to its nearest neighbors

  1. 162-17 Jamaica Avenue1 min walk57K SF
  2. 163-19 Jamaica Avenue1 min walk55K SF
  3. 162-29 Jamaica AvenueThis building50K SF
  4. 163-02 Jamaica Avenue1 min walk39K SF

The 7th largest of the 10 retail buildings we track in Jamaica. Compare it with 6 neighbors

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Compared with its neighbors

How 162-29 Jamaica Avenue compares

Next to the 6 nearest large retail buildings, all within a 3 minute walk, 162-29 Jamaica Avenue ranks 5th of 7 by retail floor area. It went up in 1937; the median neighbor dates from 1938. Its estimated property tax, about $7.34 a square foot of floor area before abatements, is below the neighbors' median of $9.84.

162-29 Jamaica Avenue and the 6 nearest large retail buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingRetail spaceFloorsBuiltTax / SFLast sale
162-29 Jamaica AvenueThis building50K SF41937$7.34Aug 2023, $19.3M (2 lots)
162-17 Jamaica Avenue1 min walk57K SF41930$9.04Nov 2024, $10.5M
163-02 Jamaica Avenue1 min walk39K SF21927$15.20n/a
163-19 Jamaica Avenue1 min walk55K SF21952$16.37n/a
160-08 Jamaica Avenue2 min walk122K SF41922$10.63Aug 2012, $14M
89-28 165th Street3 min walk47K SF11949$9.00May 2026, $18.5M
89-02 165th Street3 min walk122K SF21947$5.36n/a
The 7th 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 addresses
89-70 163rd Street; 162-21 to 162-29 Jamaica Avenue
ZIP code
11432
Building type
Department store building (city class K3)
Total floor area
79,200 SF
Commercial floor area
79,200 SF
Retail
50,400 SF
Height
4 floors
Average floor
About 19,800 SF (floor area divided by floors)
Year built
1937
Last major alteration
2017
Lot area
18,300 SF
Zoning district
C6-3
Built FAR
4.33
Max commercial FAR
6
Tax lot (BBL)
4097610083

Nearest subway

  • Jamaica Center-Parsons/Archer6 min walk · Accessible station
  • Parsons Blvd7 min walk · Not accessible
  • 169 St9 min walk · Not accessible

Nearby large buildings

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 storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered 4 storefronts at 162-29 Jamaica Avenue for December 31, 2025, the newest annual filing the city has published, and 2 of them stood vacant that day.

Storefronts registered for December 31, 2025
4
Vacant that day
2
Share vacant across Jamaica
18.1%
Share vacant along Jamaica Avenue
9.8%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 20190 of 2
  • 20200 of 2
  • 20210 of 2
  • 20220 of 2
  • 20230 of 3
  • 20242 of 3
  • 20252 of 4

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

Own or lease out a storefront at 162-29 Jamaica Avenue? Listing it is free, and it is matched against every active requirement for retail space in Jamaica the day it goes up.

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 JACKSON JAMAICA OPPORTUNITY LLC as the owner of record. For tax year 2026/27 the city values 162-29 Jamaica Avenue at $11.9 million and assesses it at $5.36 million. After phase-ins and exemptions its taxable value is $5.36 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 $581,106 a year before abatements, roughly $7.34 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
JACKSON JAMAICA OPPORTUNITY LLC
Tax class
Class 4 (commercial and industrial)
City market value
$11,904,000
Land market value
$2,500,000
Assessed value
$5,356,800
Estimated yearly tax
About $581,106
Tax per SF of floor area
About $7.34

City market value by tax year

  • 2022/23$13.6 million
  • 2023/24$13.8 million
  • 2024/25$11.6 million
  • 2025/26$11.7 million
  • 2026/27$11.9 million

Market value fell 12% from 2022/23 ($13.6 million) to 2026/27.

How Jamaica compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow 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.

Own or manage 162-29 Jamaica 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

162-29 Jamaica Avenue last sold in August 2023 in a $19.3 million sale that covered 2 tax lots, this one among them, according to the deed recorded with the city. 162-21 JAMAICA, LLC sold it to JACKSON JAMAICA OPPORTUNITY LLC.

Last sale (deed date)
August 24, 2023
Combined price
$19,250,000 for 2 tax lots
Seller
162-21 JAMAICA, LLC
Buyer
JACKSON JAMAICA OPPORTUNITY LLC
Deed recorded
August 29, 2023
ACRIS document
2023082400977001
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; a price for several tax lots is the combined price, not this building's alone.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

162-29 Jamaica Avenue reported an ENERGY STAR score of 99 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns an A (85 or higher). Its site energy use came to 28.8 kBtu per square foot, less than half the national median of 82.3 for a similar property. Its greenhouse gas emissions were about 165 metric tons of CO2e (2.08 kg per square foot).

ENERGY STAR score (2024)
99 of 100
Grade this score earns (Local Law 33)
A (85 or higher)
Property type (Portfolio Manager)
Retail Store
Site energy use intensity
28.8 kBtu/SF
National median for the type
82.3 kBtu/SF
Greenhouse gas emissions
165 t CO2e
Emissions per SF
2.08 kg CO2e
Floor area in the filing
79,200 SF

ENERGY STAR score by year

  • 202278 (B)
  • 202388 (A)
  • 202499 (A)

Energy sources in 2024

  • Natural gas69%
  • Electricity31%

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 2026-10-16; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 162-29 Jamaica Avenue comes to about 143 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 600 tons for 2024 to 2029 (24% of the limit), so it would owe no penalty. From 2030 the limit drops to 167 tons and the same energy use counts as about 114 tons, still under the limit.

Period
2024 to 2029
Emissions limit
600 t CO2e
Estimated emissions
143 t CO2e
Under the limit by
457 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
167 t CO2e
Estimated emissions
114 t CO2e
Under the limit by
53 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: Retail Store 79,200 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 162-29 Jamaica 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 162-29 Jamaica Avenue. In the last two years, interior work was permitted on 4 floors (floors 1 to 4, the cellar, the ground floor and the mezzanine). The newest build-out, on floor 1 and the ground floor, was first permitted in October 2025 (construction, mechanical, plumbing, sprinklers; filed cost estimate $419,000).

New jobs, last 12 months
1
Initial permits, last 12 months
5
Newest job first permitted
August 2026
Interior build-outs, last 24 months
2
Floors with interior work, last 24 months
1 to 4, cellar, ground floor, mezzanine
Facade and sidewalk jobs, last 24 months
1

Recent build-outs

  • Floor 1, ground floorOctober 2025Construction, Mechanical, Plumbing, Sprinklers; est. $419,000; signed off
  • Floors 1 to 4, cellar, mezzanineSeptember 2025Construction, Structural; est. $150,000; signed off

New jobs by year

  • 20211
  • 20220
  • 20230
  • 20240
  • 20253
  • 2026 to date1

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 Jamaica yet

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Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

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Questions about 162-29 Jamaica Avenue

How big is 162-29 Jamaica Avenue?

162-29 Jamaica Avenue has about 79,000 square feet of floor area in total, including 50,000 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 162-29 Jamaica Avenue built?

City records list 1937 as the year built, with a major alteration recorded in 2017. The building is 4 floors tall.

What other addresses does 162-29 Jamaica Avenue have?

City records list 89-70 163rd Street and 162-21 to 162-29 Jamaica Avenue on the same tax lot (BBL 4097610083) as 162-29 Jamaica Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 162-29 Jamaica Avenue?

162-29 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 162-29 Jamaica Avenue, Jamaica, NY 11432.

What is the zoning at 162-29 Jamaica Avenue?

The lot is in the C6-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 4.33 and a maximum commercial FAR of 6 for this lot.

What subway station is closest to 162-29 Jamaica Avenue?

The closest subway station to 162-29 Jamaica Avenue is Jamaica Center-Parsons/Archer (the E, J and Z trains), about 0.3 miles away in a straight line, roughly 6 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 162-29 Jamaica Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists JACKSON JAMAICA OPPORTUNITY LLC as the owner of record of 162-29 Jamaica Avenue (BBL 4097610083). 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 162-29 Jamaica Avenue last sold?

162-29 Jamaica Avenue last sold in August 2023 in a $19.3 million sale that covered 2 tax lots, this one among them, according to the deed recorded with the city. 162-21 JAMAICA, LLC sold it to JACKSON JAMAICA OPPORTUNITY LLC. The deed is ACRIS document 2023082400977001 (BBL 4097610083) 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.

What is the energy grade of 162-29 Jamaica Avenue?

162-29 Jamaica Avenue reported an ENERGY STAR score of 99 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 99 earns an A. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 28.8 kBtu per square foot, less than half the national median of 82.3 for a similar property. Its greenhouse gas emissions were about 165 metric tons of CO2e (2.08 kg per square foot).

Does 162-29 Jamaica Avenue meet Local Law 97?

At its 2024 energy use, 162-29 Jamaica Avenue comes to about 143 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 600 tons for 2024 to 2029 (24% of the limit), so it would owe no penalty. From 2030 the limit drops to 167 tons and the same energy use counts as about 114 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 162-29 Jamaica Avenue?

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 162-29 Jamaica Avenue. In the last two years, interior work was permitted on 4 floors (floors 1 to 4, the cellar, the ground floor and the mezzanine). The newest build-out, on floor 1 and the ground floor, was first permitted in October 2025 (construction, mechanical, plumbing, sprinklers; filed cost estimate $419,000). These are the Department of Buildings' DOB NOW work permits for tax lot 4097610083. 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 162-29 Jamaica Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.36 million for 162-29 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 $581,106 a year, roughly $7.34 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4097610083 show the actual bill.

What is the assessed value of 162-29 Jamaica Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 162-29 Jamaica Avenue at $11.9 million ($2.5 million of it land) and its assessed value at $5.36 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 12% from 2022/23 ($13.6 million) to 2026/27.

Are there vacant storefronts at 162-29 Jamaica Avenue?

Owners registered 4 storefronts at 162-29 Jamaica Avenue for December 31, 2025, the newest annual filing the city has published, and 2 of them stood vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2025 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.

Is there retail space for lease at 162-29 Jamaica Avenue?

No space at 162-29 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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