Office building with commercial space · Jamaica, Queens
163-18 Jamaica Avenue
Jamaica, NY 11432
163-18 Jamaica Avenue is a 7-floor office building with commercial space in Jamaica, Queens, built in 1930, with about 59,000 square feet of office space according to city records.
- Office space
- 59K SF
- Floors
- 7
- Year built
- 1930
- Zoning
- C6-3
The 11th largest of the 16 office buildings we track in Jamaica. Compare it with 6 neighbors
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Compared with its neighbors
How 163-18 Jamaica Avenue compares
Next to the 6 nearest large office buildings, all within a 3 minute walk, 163-18 Jamaica Avenue ranks 4th of 7 by office floor area. Built in 1930, it is the oldest of them. Its estimated property tax, about $7.33 a square foot of floor area before abatements, is above the neighbors' median of $6.62.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 163-18 Jamaica Avenue | 59K SF | 7 | 1930 | $7.33 | n/a |
| 162-10 Jamaica Avenue | 339K SF | 7 | 1946 | $3.71 | n/a |
| 161-21 Jamaica Avenue | 40K SF | 7 | 1938 | $8.66 | n/a |
| 161-10 Jamaica Avenue | 66K SF | 6 | 1940 | $5.86 | Jul 2008, $8M |
| 92-30 Merrick Boulevard | 48K SF | 2 | 1965 | $8.56 | n/a |
| 161-01 Jamaica Avenue | 91K SF | 5 | 1962 | $5.94 | Jun 2026, $17.3M (2 lots) |
| 165-17 Jamaica Avenue | 55K SF | 6 | 1931 | $7.29 | 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
- 11432
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 68,880 SF
- Commercial floor area
- 68,880 SF
- Office
- 59,040 SF
- Retail
- 9,840 SF
- Height
- 7 floors
- Average floor
- About 9,800 SF (floor area divided by floors)
- Year built
- 1930
- Last major alteration
- 2020
- Lot area
- 21,000 SF
- Zoning district
- C6-3
- Built FAR
- 3.28
- Max commercial FAR
- 6
- Tax lot (BBL)
- 4101510007
Nearest subway
- Jamaica Center-Parsons/Archer
- 169 St
- Parsons Blvd
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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered 3 storefronts at 163-18 Jamaica Avenue for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day.
- Storefronts registered for December 31, 2025
- 3
- Vacant that day
- 0
- Share vacant across Jamaica
- 18.1%
- Share vacant along Jamaica Avenue
- 9.8%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Need a storefront in Jamaica? Get matchedNYC storefront vacancy report
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 163-18 JAMAICA REALTY CORP as the owner of record. For tax year 2026/27 the city values 163-18 Jamaica Avenue at $10.6 million and assesses it at $4.79 million. After phase-ins and exemptions its taxable value is $4.65 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 $504,855 a year before abatements, roughly $7.33 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
- 163-18 JAMAICA REALTY CORP
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $10,642,000
- Land market value
- $2,420,000
- Assessed value
- $4,788,900
- Taxable value (phased in)
- $4,653,900
- Estimated yearly tax
- About $504,855
- Tax per SF of floor area
- About $7.33
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 163-18 Jamaica Avenue in the 12 months to October 2026; the last one was first permitted in January 2023.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- January 2023
- Interior build-outs, last 24 months
- 0
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 office space listed in Jamaica yet
The closest real space on Leasemark is below. Own or broker space at 163-18 Jamaica Avenue? List it free: it shows on this page and is matched against every active requirement the day it goes up.
Real space close by
Listed now by its owner or broker. Open it and tap I'm interested to ask the lister for an intro; contact details are shared once both sides accept.
Next door, in Richmond Hill
13039 135th Rd
Before you sign
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Questions about 163-18 Jamaica Avenue
How big is 163-18 Jamaica Avenue?
163-18 Jamaica Avenue has about 69,000 square feet of floor area in total, including 59,000 square feet of office and 10,000 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 163-18 Jamaica Avenue built?
City records list 1930 as the year built, with a major alteration recorded in 2020. The building is 7 floors tall.
What is the ZIP code of 163-18 Jamaica Avenue?
163-18 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 163-18 Jamaica Avenue, Jamaica, NY 11432.
What is the zoning at 163-18 Jamaica Avenue?
The lot is in the C6-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 3.28 and a maximum commercial FAR of 6 for this lot.
What subway station is closest to 163-18 Jamaica Avenue?
The closest subway station to 163-18 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: 169 St (the F train), 9 min walk; Parsons Blvd (the F train), 9 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 163-18 Jamaica Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists 163-18 JAMAICA REALTY CORP as the owner of record of 163-18 Jamaica Avenue (BBL 4101510007). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Is there construction at 163-18 Jamaica Avenue?
The Department of Buildings issued no permits for new jobs at 163-18 Jamaica Avenue in the 12 months to October 2026; the last one was first permitted in January 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 4101510007. 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 163-18 Jamaica Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $4.65 million for 163-18 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 $504,855 a year, roughly $7.33 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4101510007 show the actual bill.
What is the assessed value of 163-18 Jamaica Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 163-18 Jamaica Avenue at $10.6 million ($2.42 million of it land) and its assessed value at $4.79 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 14% from 2022/23 ($12.4 million) to 2026/27.
Are there vacant storefronts at 163-18 Jamaica Avenue?
Owners registered 3 storefronts at 163-18 Jamaica Avenue for December 31, 2025, the newest annual filing the city has published, and none stood 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 office space for lease at 163-18 Jamaica Avenue?
No space at 163-18 Jamaica Avenue is listed on Leasemark right now. Nearby on Leasemark: office space for lease at 13039 135th Rd in Richmond Hill (700 SF, $51.43/SF/yr). 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