Retail building · Jackson Heights, Queens

79-17 Albion Avenue

Elmhurst, NY 11373

79-17 Albion Avenue is a 2-floor retail building in Jackson Heights, Queens, built in 2013, with about 43,000 square feet of retail space according to city records.

Retail space: 43K SF
Floors: 2
Year built: 2013
Zoning: M1-1

Retail space next to its nearest neighbors

40-31 82nd Street11 min walk47K SF
79-55 Albion Avenue2 min walk44K SF
79-17 Albion AvenueThis building43K SF

The 4th largest of the 5 retail buildings we track in Jackson Heights. Compare it with 6 neighbors

List a space in this building Get matched in Jackson Heights

No space at 79-17 Albion Avenue is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once. Nothing free right now? Get tenant alerts for Jackson Heights and hear the moment a tenant posts a requirement there.

Print a one-page profile of this building for a tour book or a client proposal.

Compared with its neighbors

How 79-17 Albion Avenue compares

Next to the 6 nearest large retail buildings, all within a 18 minute walk, 79-17 Albion Avenue ranks 5th of 7 by retail floor area. It went up in 2013; the median neighbor dates from 1987. Its estimated property tax, about $12.52 a square foot of floor area before abatements, is below the neighbors' median of $14.23.

79-17 Albion Avenue and the 6 nearest large retail buildings: size, floors, year built, estimated property tax per square foot
Building	Retail space	Floors	Built	Tax / SF
79-17 Albion AvenueThis building	43K SF	2	2013	$12.52
79-55 Albion Avenue2 min walk	44K SF	1	2013	$14.18
40-31 82nd Street11 min walk	47K SF	2	2019	$14.29
88-15 Queens Boulevard13 min walk	459K SF	5	1965	$6.98
37-12 82nd Street14 min walk	36K SF	2	1928	$31.77
90-15 Queens Boulevard17 min walk	749K SF	7	1972	$11.72
58-06 92nd Street18 min walk	36K SF	4	2003	$15.60

The 4th largest of the 5 retail buildings we track in Jackson Heights: 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). 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: 11373
Building type: Retail building (city class K2)
Total floor area: 45,742 SF
Commercial floor area: 45,742 SF
Retail: 42,753 SF
Height: 2 floors
Year built: 2013
Last major alteration: 2021
Lot area: 37,991 SF
Zoning district: M1-1
Built FAR: 1.2
Max commercial FAR: 1
Tax lot (BBL): 4015360113

Nearest subway

Elmhurst Av6 min walk · Not accessible
Grand Av-Newtown9 min walk · Not accessible
82 St-Jackson Hts12 min walk · Not accessible

Nearby large buildings

76-09 Queens Boulevard36K SF office · 4 floors · 2 min walk
86-55 Queens Boulevard43K SF office · 4 floors · 11 min walk
74-09 37th Avenue75K SF office · 4 floors · 15 min walk
57-15 92nd Street235K SF retail · 6 floors · 19 min walk
91-31 Queens Boulevard64K SF office · 6 floors · 19 min walk
92-59 59th Avenue202K SF retail · 3 floors · 20 min walk
59-17 Junction Boulevard449K SF office · 20 floors · 23 min walk
87-10 Northern Boulevard62K SF retail · 3 floors · 24 min walk

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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 79-17 Albion Avenue for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.

Storefronts registered for December 31, 2024: 1
Vacant that day: 0
Share vacant across Jackson Heights: 4.1%
Share vacant citywide: 8.7%

Vacant on December 31, by year

20190 of 1
20200 of 1
20210 of 1
20220 of 1
20230 of 1
20240 of 1

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

Need a storefront in Jackson Heights? Get matched Storefront vacancy across New York City

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-09. 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 2024 filing was due June 3, 2025, 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

Property tax and assessed value

For tax year 2026/27 the city values 79-17 Albion Avenue at $11.9 million and assesses it at $5.36 million. After phase-ins and exemptions its taxable value is $5.28 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 $572,807 a year before abatements, roughly $12.52 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.

Tax class: Class 4 (commercial and industrial)
City market value: $11,920,000
Land market value: $1,795,000
Assessed value: $5,364,000
Taxable value (phased in): $5,280,300
Estimated yearly tax: About $572,807
Tax per SF of floor area: About $12.52

City market value by tax year

2022/23$11.4 million
2023/24$11.7 million
2024/25$11.8 million
2025/26$11.9 million
2026/27$11.9 million

Market value rose 5% from 2022/23 ($11.4 million) to 2026/27.

How Jackson Heights compares: property tax per SF across NYC neighborhoods Estimate this tax bill, or a tenant's share of it

Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll), pulled 2026-10-09; 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 79-17 Albion Avenue? List a space here free and we match it against every active requirement.

NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 79-17 Albion Avenue in the 12 months to October 2026; the last one was first permitted in September 2023.

New jobs, last 12 months: 0
Initial permits, last 12 months: 0
Newest job first permitted: September 2023
Interior build-outs, last 24 months: 0

New jobs by year

20210
20221
20231
20240
20250
2026 to date0

Build-outs across Jackson Heights Where NYC offices are being built out

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-09 (permits issued through 2026-10-06). 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.

Before you sign

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

All guides

Free calculator
Commercial rent calculator
Turn a price per square foot into monthly and yearly rent, with increases, free rent and net effective rent.

Questions about 79-17 Albion Avenue

How big is 79-17 Albion Avenue?

79-17 Albion Avenue has about 46,000 square feet of floor area in total, including 43,000 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 79-17 Albion Avenue built?

City records list 2013 as the year built, with a major alteration recorded in 2021. The building is 2 floors tall.

What is the ZIP code of 79-17 Albion Avenue?

79-17 Albion Avenue is in ZIP code 11373, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 79-17 Albion Avenue, Elmhurst, NY 11373, in Jackson Heights.

What is the zoning at 79-17 Albion Avenue?

The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.2 and a maximum commercial FAR of 1 for this lot.

What subway station is closest to 79-17 Albion Avenue?

The closest subway station to 79-17 Albion Avenue is Elmhurst Av (the M and R trains), about 0.3 miles away in a straight line, roughly 6 minutes on foot. Also nearby: Grand Av-Newtown (the M and R trains), 9 min walk; 82 St-Jackson Hts (the 7 train), 12 min walk. Walking times are straight-line estimates; the street route is longer.

Is there construction at 79-17 Albion Avenue?

The Department of Buildings issued no permits for new jobs at 79-17 Albion Avenue in the 12 months to October 2026; the last one was first permitted in September 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 4015360113. 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 79-17 Albion Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.28 million for 79-17 Albion Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $572,807 a year, roughly $12.52 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4015360113 show the actual bill.

What is the assessed value of 79-17 Albion Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 79-17 Albion Avenue at $11.9 million ($1.79 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 rose 5% from 2022/23 ($11.4 million) to 2026/27.

Are there vacant storefronts at 79-17 Albion Avenue?

Owners registered one storefront at 79-17 Albion Avenue for December 31, 2024, 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 retail space for lease at 79-17 Albion Avenue?

No space at 79-17 Albion 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.

2,492 buildings from city records

Look up another building

Size, owner of record and property tax, plus the last sale and energy grade where the city has them, for every large office, retail and industrial building we track. Type any address on the lot (like 350 Fifth Avenue), a building name, a street or a neighborhood.

Most searched building pages

Ranked by how often Google showed each page in search results, Sep 7 to Oct 4, 2026.

Jackson Heights

Transit hubs in Jackson Heights

E F M R at Jackson Hts-Roosevelt Av
7 at 74 St-Broadway
7 at 82 St-Jackson Hts
7 at 90 St-Elmhurst Av