Factory and industrial building · College Point, Queens

28-11 120th Street

Flushing, NY 11354

28-11 120th Street is a 2-floor factory and industrial building in College Point, Queens, built in 1956, with about 40,000 square feet of industrial and storage space according to city records.

Also at 28-01 to 28-35 120th Street and 120-02 to 120-14 28th Avenue.

Industrial and storage space
40K SF
Floors
2
Year built
1956
Zoning
M2-1

Industrial and storage space next to its nearest neighbors

  1. 124-16 31st Avenue6 min walk83K SF
  2. 125-12 31st Avenue7 min walk54K SF
  3. 121-16 28th Avenue1 min walk43K SF
  4. 28-11 120th StreetThis building40K SF

The 17th largest of the 20 industrial and storage buildings we track in College Point. Compare it with 6 neighbors

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Compared with its neighbors

How 28-11 120th Street compares

Next to the 6 nearest large industrial and storage buildings, all within a 9 minute walk, 28-11 120th Street ranks 5th of 7 by industrial and storage floor area. It went up in 1956; the median neighbor dates from 1984. Its estimated property tax, about $1.83 a square foot of floor area before abatements, is below the neighbors' median of $6.81.

28-11 120th Street and the 6 nearest large industrial and storage buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingIndustrial and storage spaceFloorsBuiltTax / SFLast sale
28-11 120th StreetThis building40K SF21956$1.83Jul 2007, $7.5M (4 lots)
121-16 28th Avenue1 min walk43K SF21953$5.77n/a
124-16 31st Avenue6 min walk83K SF42010$6.31Nov 2018, $37M
125-12 31st Avenue7 min walk54K SF22017$8.72n/a
128-15 26th Avenue8 min walk37K SF11985$5.51n/a
31-99 123rd Street8 min walk40K SF21984$12.07Feb 2008, $9.1M
128-28 25th Avenue9 min walk85K SF11983$7.32Jun 2005, $14.3M
The 17th largest of the 20 industrial and storage buildings we track in College Point: 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
28-01 to 28-35 120th Street; 120-02 to 120-14 28th Avenue
ZIP code
11354
Building type
Factory and industrial building (city class F4)
Total floor area
45,996 SF
Commercial floor area
45,996 SF
Office
5,676 SF
Industrial and storage
40,320 SF
Height
2 floors
Year built
1956
Last major alteration
2009
Lot area
52,506 SF
Zoning district
M2-1
Built FAR
0.88
Max commercial FAR
2
Tax lot (BBL)
4043170041

Nearest subway

No subway within a short walk. The nearest station is more than 1,600 meters away (about a 20-minute walk before allowing for the street route).

  • Mets-Willets Pointabout 1.2 miles in a straight line · Not accessible

Other ways around College Point

  • Q25 and Q65 buses
  • Whitestone Expressway

Neighborhood connections, not directions from this building. Check the route for your trip.

Nearby large buildings

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 one storefront at 28-11 120th Street for December 31, 2025, the newest annual filing the city has published, and it was not vacant that day.

Storefronts registered for December 31, 2025
1
Vacant that day
0
Share vacant across College Point
3.3%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 20190 of 1
  • 20200 of 1
  • 2021None registered
  • 2022None registered
  • 2023None registered
  • 20240 of 1
  • 20250 of 1

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

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 MAXWELL REALTY 28 LLC as the owner of record. For tax year 2026/27 the city values 28-11 120th Street at $4.33 million and assesses it at $1.95 million. After phase-ins and exemptions its taxable value is $777,915; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $84,388 a year before abatements, roughly $1.83 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
MAXWELL REALTY 28 LLC
Tax class
Class 4 (commercial and industrial)
City market value
$4,332,000
Land market value
$1,027,000
Assessed value
$1,949,400
Taxable value (phased in)
$1,947,150
Exemptions
$1,169,235
Estimated yearly tax
About $84,388
Tax per SF of floor area
About $1.83

City market value by tax year

  • 2022/23$4.33 million
  • 2023/24$4.9 million
  • 2024/25$3.98 million
  • 2025/26$4.09 million
  • 2026/27$4.33 million

Market value held steady from 2022/23 to 2026/27.

How College Point 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.

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NYC property records (ACRIS)

Sales history

28-11 120th Street last sold in July 2007 in a $7.5 million sale that covered 4 tax lots, this one among them, according to the deed recorded with the city. INTERPLEX NAS, INC. sold it to MAXWELL REALTY 28 LLC.

Last sale (deed date)
July 30, 2007
Combined price
$7,500,000 for 4 tax lots
Seller
INTERPLEX NAS, INC.
Buyer
MAXWELL REALTY 28 LLC
Deed recorded
August 28, 2007
ACRIS document
2007080301684001
All 6 building sales in College Point 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 use and emissions

28-11 120th Street's 2023 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 104.1 kBtu per square foot. Its greenhouse gas emissions were about 426 metric tons of CO2e (9.3 kg per square foot).

ENERGY STAR score (2023)
None given
Property type (Portfolio Manager)
Manufacturing/Industrial Plant
Site energy use intensity
104.1 kBtu/SF
Greenhouse gas emissions
426 t CO2e
Emissions per SF
9.3 kg CO2e
Floor area in the filing
45,996 SF

Energy sources in 2023

  • Electricity64%
  • Natural gas36%

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 (2023 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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2023 energy use, 28-11 120th Street comes to about 352 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 349 tons for 2024 to 2029: about 3 tons over, an estimated penalty of $800 a year. From 2030 the limit drops to 65 tons and the same energy use counts as about 222 tons, about 156 tons over, or an estimated $42,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
349 t CO2e
Estimated emissions
352 t CO2e
Over the limit by
3 t CO2e
Estimated penalty a year
$800
Period
2030 to 2034
Emissions limit
65 t CO2e
Estimated emissions
222 t CO2e
Over the limit by
156 t CO2e
Estimated penalty a year
$42,000

Estimated from the owner's 2023 Local Law 84 filing, which reports energy by source and floor area by use: Manufacturing/Industrial Plant 45,996 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.

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No industrial and storage space listed in College Point 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 28-11 120th Street

How big is 28-11 120th Street?

28-11 120th Street has about 46,000 square feet of floor area in total, including 6,000 square feet of office and 40,000 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 28-11 120th Street built?

City records list 1956 as the year built, with a major alteration recorded in 2009. The building is 2 floors tall.

What other addresses does 28-11 120th Street have?

City records list 28-01 to 28-35 120th Street and 120-02 to 120-14 28th Avenue on the same tax lot (BBL 4043170041) as 28-11 120th Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 28-11 120th Street?

28-11 120th Street is in ZIP code 11354, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 28-11 120th Street, Flushing, NY 11354, in College Point.

What is the zoning at 28-11 120th Street?

The lot is in the M2-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.88 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 28-11 120th Street?

No subway within a short walk of 28-11 120th Street: the nearest station is more than 1,600 meters away (about 20 minutes on foot before allowing for the street route). The closest subway station to 28-11 120th Street is Mets-Willets Point (the 7 train), about 1.2 miles away in a straight line; the street route is longer. Other ways around College Point: Q25 and Q65 buses; Whitestone Expressway. These are neighborhood connections, not directions from the building.

Who owns 28-11 120th Street?

The NYC Department of Finance's 2026/27 assessment roll lists MAXWELL REALTY 28 LLC as the owner of record of 28-11 120th Street (BBL 4043170041). 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 28-11 120th Street last sold?

28-11 120th Street last sold in July 2007 in a $7.5 million sale that covered 4 tax lots, this one among them, according to the deed recorded with the city. INTERPLEX NAS, INC. sold it to MAXWELL REALTY 28 LLC. The deed is ACRIS document 2007080301684001 (BBL 4043170041) 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.

Does 28-11 120th Street have an energy grade?

28-11 120th Street's 2023 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 104.1 kBtu per square foot. Its greenhouse gas emissions were about 426 metric tons of CO2e (9.3 kg per square foot).

Does 28-11 120th Street meet Local Law 97?

At its 2023 energy use, 28-11 120th Street comes to about 352 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 349 tons for 2024 to 2029: about 3 tons over, an estimated penalty of $800 a year. From 2030 the limit drops to 65 tons and the same energy use counts as about 222 tons, about 156 tons over, or an estimated $42,000 a year unless the building cuts its emissions. This is an estimate from the owner's 2023 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.

What are the property taxes at 28-11 120th Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $777,915 for 28-11 120th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $84,388 a year, roughly $1.83 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4043170041 show the actual bill.

What is the assessed value of 28-11 120th Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 28-11 120th Street at $4.33 million ($1.03 million of it land) and its assessed value at $1.95 million, the 45% of market value the city assesses for Class 4 property. The city's market value held steady from 2022/23 to 2026/27.

Are there vacant storefronts at 28-11 120th Street?

Owners registered one storefront at 28-11 120th Street for December 31, 2025, the newest annual filing the city has published, and it was not 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 industrial and storage space for lease at 28-11 120th Street?

No space at 28-11 120th Street 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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