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
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.
| Building | Retail space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 162-29 Jamaica Avenue | 50K SF | 4 | 1937 | $7.34 | Aug 2023, $19.3M (2 lots) |
| 162-17 Jamaica Avenue | 57K SF | 4 | 1930 | $9.04 | Nov 2024, $10.5M |
| 163-02 Jamaica Avenue | 39K SF | 2 | 1927 | $15.20 | n/a |
| 163-19 Jamaica Avenue | 55K SF | 2 | 1952 | $16.37 | n/a |
| 160-08 Jamaica Avenue | 122K SF | 4 | 1922 | $10.63 | Aug 2012, $14M |
| 89-28 165th Street | 47K SF | 1 | 1949 | $9.00 | May 2026, $18.5M |
| 89-02 165th Street | 122K SF | 2 | 1947 | $5.36 | 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
- 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/Archer
- Parsons Blvd
- 169 St
Nearby large buildings
- 161-21 Jamaica Avenue
- 163-18 Jamaica Avenue
- 161-01 Jamaica Avenue
- 162-10 Jamaica Avenue
- 161-10 Jamaica Avenue
- Jamaica Chamber of Commerce Building, 89-31 161st Street
- Suffolk Title and Guarantee Company Building, 90-04 160th Street
- 165-17 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
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
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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.
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
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
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 2026-10-16; 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
New jobs by year
Build-outs across JamaicaWhere 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 Jamaica yet
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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.
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Jamaica
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