Factory and industrial building · Jamaica, Queens

168-23 Douglas Avenue

Jamaica, NY 11433

168-23 Douglas Avenue is a 3-floor factory and industrial building in Jamaica, Queens, built in 1930, with about 171,000 square feet of industrial and storage space according to city records.

Also at 168-01 to 168-11 Douglas Avenue and 168-19 to 168-23 Douglas Avenue.

Industrial and storage space: 171K SF
Floors: 3
Year built: 1930
Zoning: M1-2A

Industrial and storage space next to its nearest neighbors

168-23 Douglas AvenueThis building171K SF
165-08 Liberty Avenue4 min walk56K SF
155-19 Liberty Avenue13 min walk52K SF
150-24 Beaver Road14 min walk38K SF

The largest of the 9 industrial and storage buildings we track in Jamaica. Compare it with 6 neighbors

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Compared with its neighbors

How 168-23 Douglas Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 17 minute walk, 168-23 Douglas Avenue is the largest by industrial and storage floor area. It went up in 1930; the median neighbor dates from 1970. Its estimated property tax, about $4.91 a square foot of floor area before abatements, is above the neighbors' median of $4.40.

168-23 Douglas 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
168-23 Douglas AvenueThis building	171K SF	3	1930	$4.91	Aug 2013, $6.8M
165-08 Liberty Avenue4 min walk	56K SF	3	1930	$4.46	n/a
155-19 Liberty Avenue13 min walk	52K SF	3	2010	$2.89	n/a
150-24 Beaver Road14 min walk	38K SF	1	1975	$5.23	n/a
155-25 Styler Road15 min walk	72K SF	2	1966	$7.36	n/a
95-25 149th Street16 min walk	42K SF	2	1929	$4.10	Jul 2021, $10M (3 lots)
95-04 149th Street17 min walk	54K SF	1	1974	$4.33	n/a

The largest of the 9 industrial and storage 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: 168-01 to 168-11 Douglas Avenue; 168-19 to 168-23 Douglas Avenue
ZIP code: 11433
Building type: Factory and industrial building (city class F9)
Total floor area: 182,000 SF
Commercial floor area: 182,000 SF
Retail: 10,650 SF
Industrial and storage: 171,350 SF
Height: 3 floors
Average floor: About 60,700 SF (floor area divided by floors)
Year built: 1930
Lot area: 102,285 SF
Zoning district: M1-2A
Built FAR: 1.78
Max commercial FAR: 3
Tax lot (BBL): 4102170048

Nearest subway

169 St10 min walk · Not accessible
Jamaica Center-Parsons/Archer12 min walk · Accessible station
Jamaica-179 St13 min walk · Accessible station

Nearby large buildings

92-18 168th Street45K SF retail · 1 floor · 3 min walk
165-15 Archer Avenue79K SF office · 5 floors · 4 min walk
92-30 Merrick Boulevard48K SF office · 2 floors · 4 min walk
168-23 Jamaica Avenue141K SF retail · 3 floors · 5 min walk
165-17 Jamaica Avenue55K SF office · 6 floors · 5 min walk
163-18 Jamaica Avenue59K SF office · 7 floors · 7 min walk
163-19 Jamaica Avenue55K SF retail · 2 floors · 7 min walk
163-02 Jamaica Avenue39K SF retail · 2 floors · 7 min walk

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 AREC 30, LLC as the owner of record. For tax year 2026/27 the city values 168-23 Douglas Avenue at $20.2 million and assesses it at $9.09 million. After phase-ins and exemptions its taxable value is $8.25 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 $894,456 a year before abatements, roughly $4.91 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: AREC 30, LLC
Tax class: Class 4 (commercial and industrial)
City market value: $20,205,000
Land market value: $5,319,000
Assessed value: $9,092,250
Taxable value (phased in): $8,245,350
Estimated yearly tax: About $894,456
Tax per SF of floor area: About $4.91

City market value by tax year

2022/23$17.7 million
2023/24$18.5 million
2024/25$18 million
2025/26$17.2 million
2026/27$20.2 million

Market value rose 14% from 2022/23 ($17.7 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): August 13, 2013
Price: $6,800,000
Price per SF of floor area: About $37
Seller: INTERSTATE BRANDS CORPORATION
Buyer: EIGHTEEN PAC COMPANY
Deed recorded: September 18, 2013
ACRIS document: 2013082301297001

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.

No industrial and storage space listed in Jamaica yet

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Questions about 168-23 Douglas Avenue

How big is 168-23 Douglas Avenue?

168-23 Douglas Avenue has about 182,000 square feet of floor area in total, including 11,000 square feet of retail and 171,000 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 168-23 Douglas Avenue built?

City records list 1930 as the year built. The building is 3 floors tall.

What other addresses does 168-23 Douglas Avenue have?

City records list 168-01 to 168-11 Douglas Avenue and 168-19 to 168-23 Douglas Avenue on the same tax lot (BBL 4102170048) as 168-23 Douglas Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 168-23 Douglas Avenue?

168-23 Douglas Avenue is in ZIP code 11433, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 168-23 Douglas Avenue, Jamaica, NY 11433.

What is the zoning at 168-23 Douglas Avenue?

The lot is in the M1-2A zoning district. PLUTO lists a built floor area ratio (FAR) of 1.78 and a maximum commercial FAR of 3 for this lot.

What subway station is closest to 168-23 Douglas Avenue?

The closest subway station to 168-23 Douglas Avenue is 169 St (the F train), about 0.5 miles away in a straight line, roughly 10 minutes on foot. Also nearby: Jamaica Center-Parsons/Archer (the E, J and Z trains), 12 min walk; Jamaica-179 St (the F train), 13 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 168-23 Douglas Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists AREC 30, LLC as the owner of record of 168-23 Douglas Avenue (BBL 4102170048). 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 168-23 Douglas Avenue last sold?

168-23 Douglas Avenue last sold in August 2013 for $6.8 million, according to the deed recorded with the city. INTERSTATE BRANDS CORPORATION sold it to EIGHTEEN PAC COMPANY. That comes to about $37 per square foot of floor area. The deed is ACRIS document 2013082301297001 (BBL 4102170048) 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 are the property taxes at 168-23 Douglas Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $8.25 million for 168-23 Douglas Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $894,456 a year, roughly $4.91 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4102170048 show the actual bill.

What is the assessed value of 168-23 Douglas Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 168-23 Douglas Avenue at $20.2 million ($5.32 million of it land) and its assessed value at $9.09 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 14% from 2022/23 ($17.7 million) to 2026/27.

Is there industrial and storage space for lease at 168-23 Douglas Avenue?

No space at 168-23 Douglas 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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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