Retail building · Jamaica, Queens

89-28 165th Street

Jamaica, NY 11432

89-28 165th Street is a 1-floor retail building in Jamaica, Queens, built in 1949, with about 47,000 square feet of retail space according to city records.

Also at 89-29 to 89-47 164th Street and 89-28 to 89-48 165th Street.

Retail space
47K SF
Floors
1
Year built
1949
Zoning
C4-4D

Retail space next to its nearest neighbors

  1. 89-02 165th Street1 min walk122K SF
  2. 163-19 Jamaica Avenue2 min walk55K SF
  3. 89-28 165th StreetThis building47K SF

The 8th largest of the 10 retail buildings we track in Jamaica. Compare it with 6 neighbors

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Compared with its neighbors

How 89-28 165th Street compares

Next to the 6 nearest large retail buildings, all within a 4 minute walk, 89-28 165th Street ranks 5th of 7 by retail floor area. It went up in 1949; the median neighbor dates from 1942. Its estimated property tax, about $9.00 a square foot of floor area before abatements, is below the neighbors' median of $12.12.

89-28 165th Street and the 6 nearest large retail buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingRetail spaceFloorsBuiltTax / SFLast sale
89-28 165th StreetThis building47K SF11949$9.00May 2026, $18.5M
89-02 165th Street1 min walk122K SF21947$5.36n/a
163-19 Jamaica Avenue2 min walk55K SF21952$16.37n/a
162-29 Jamaica Avenue3 min walk50K SF41937$7.34Aug 2023, $19.3M (2 lots)
162-17 Jamaica Avenue3 min walk57K SF41930$9.04Nov 2024, $10.5M
163-02 Jamaica Avenue3 min walk39K SF21927$15.20n/a
92-18 168th Street4 min walk45K SF12006$16.92n/a
The 8th largest of the 10 retail 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
89-29 to 89-47 164th Street; 89-28 to 89-48 165th Street
ZIP code
11432
Building type
Retail building (city class K1)
Total floor area
46,918 SF
Commercial floor area
46,918 SF
Retail
46,918 SF
Height
1 floor
Year built
1949
Last major alteration
2002
Lot area
46,875 SF
Zoning district
C4-4D
Built FAR
1
Max commercial FAR
3.4
Tax lot (BBL)
4097940036

Nearest subway

  • 169 St6 min walk · Not accessible
  • Parsons Blvd8 min walk · Not accessible
  • Jamaica Center-Parsons/Archer8 min walk · Accessible station

Nearby large buildings

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; 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 9 storefronts at 89-28 165th Street for December 31, 2024, the newest annual filing the city has published, and 2 of them stood vacant that day. A year earlier, none of 9 did.

Storefronts registered for December 31, 2024
9
Vacant that day
2
Share vacant here
22.2%
Share vacant across Jamaica
8.0%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 20191 of 9
  • 20201 of 9
  • 20210 of 9
  • 20220 of 9
  • 20230 of 9
  • 20242 of 9

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

Own or lease out a storefront at 89-28 165th Street? 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 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

Owner, property tax and assessed value

The Department of Finance lists BLDG 89-41 164TH STREET LLC as the owner of record. For tax year 2026/27 the city values 89-28 165th Street at $8.65 million and assesses it at $3.89 million. After phase-ins and exemptions its taxable value is $3.89 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 $422,210 a year before abatements, roughly $9.00 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
BLDG 89-41 164TH STREET LLC
Tax class
Class 4 (commercial and industrial)
City market value
$8,649,000
Land market value
$5,210,000
Assessed value
$3,892,050
Estimated yearly tax
About $422,210
Tax per SF of floor area
About $9.00

City market value by tax year

  • 2022/23$9.39 million
  • 2023/24$8.76 million
  • 2024/25$8.39 million
  • 2025/26$8.49 million
  • 2026/27$8.65 million

Market value fell 8% from 2022/23 ($9.39 million) to 2026/27.

How Jamaica compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of it

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 2026-10-09; 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.

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NYC property records (ACRIS)

Sales history

89-28 165th Street last sold in May 2026 for $18.5 million, according to the deed recorded with the city. BLDG 89-41 164 TH STREET LLC sold it to 89-41 164TH STREET EQUITIES LLC. That comes to about $394 per square foot of floor area.

Last sale (deed date)
May 12, 2026
Price
$18,500,000
Price per SF of floor area
About $394
Seller
BLDG 89-41 164 TH STREET LLC
Buyer
89-41 164TH STREET EQUITIES LLC
Deed recorded
May 20, 2026
ACRIS document
2026051500250001
All 5 building sales in Jamaica since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-09; 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.

NYC energy benchmarking (Local Law 84)

Energy use and emissions

89-28 165th Street's 2024 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 39.8 kBtu per square foot, less than half the national median of 139.8 for a similar property. Its greenhouse gas emissions were about 264 metric tons of CO2e (2.94 kg per square foot).

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Strip Mall
Site energy use intensity
39.8 kBtu/SF
National median for the type
139.8 kBtu/SF
Greenhouse gas emissions
264 t CO2e
Emissions per SF
2.94 kg CO2e
Floor area in the filing
89,829 SF

Energy sources in 2024

  • Natural gas66%
  • Electricity34%

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 (2024 filing), pulled 2026-10-09; 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 2024 energy use, 89-28 165th Street comes to about 228 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,061 tons for 2024 to 2029 (21% of the limit), so it would owe no penalty. From 2030 the limit drops to 122 tons and the same energy use counts as about 177 tons, about 55 tons over, or an estimated $15,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
1,061 t CO2e
Estimated emissions
228 t CO2e
Under the limit by
833 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
122 t CO2e
Estimated emissions
177 t CO2e
Over the limit by
55 t CO2e
Estimated penalty a year
$15,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Strip Mall 89,829 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.

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Questions about 89-28 165th Street

How big is 89-28 165th Street?

89-28 165th Street has about 47,000 square feet of floor area in total, including 47,000 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 89-28 165th Street built?

City records list 1949 as the year built, with a major alteration recorded in 2002. The building is 1 floor tall.

What other addresses does 89-28 165th Street have?

City records list 89-29 to 89-47 164th Street and 89-28 to 89-48 165th Street on the same tax lot (BBL 4097940036) as 89-28 165th Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 89-28 165th Street?

89-28 165th Street 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 89-28 165th Street, Jamaica, NY 11432.

What is the zoning at 89-28 165th Street?

The lot is in the C4-4D zoning district. PLUTO lists a built floor area ratio (FAR) of 1 and a maximum commercial FAR of 3.4 for this lot.

What subway station is closest to 89-28 165th Street?

The closest subway station to 89-28 165th Street is 169 St (the F train), about 0.3 miles away in a straight line, roughly 6 minutes on foot. Also nearby: Parsons Blvd (the F train), 8 min walk; Jamaica Center-Parsons/Archer (the E, J and Z trains), 8 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 89-28 165th Street?

The NYC Department of Finance's 2026/27 assessment roll lists BLDG 89-41 164TH STREET LLC as the owner of record of 89-28 165th Street (BBL 4097940036). 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 89-28 165th Street last sold?

89-28 165th Street last sold in May 2026 for $18.5 million, according to the deed recorded with the city. BLDG 89-41 164 TH STREET LLC sold it to 89-41 164TH STREET EQUITIES LLC. That comes to about $394 per square foot of floor area. The deed is ACRIS document 2026051500250001 (BBL 4097940036) 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 89-28 165th Street have an energy grade?

89-28 165th Street's 2024 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 39.8 kBtu per square foot, less than half the national median of 139.8 for a similar property. Its greenhouse gas emissions were about 264 metric tons of CO2e (2.94 kg per square foot).

Does 89-28 165th Street meet Local Law 97?

At its 2024 energy use, 89-28 165th Street comes to about 228 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,061 tons for 2024 to 2029 (21% of the limit), so it would owe no penalty. From 2030 the limit drops to 122 tons and the same energy use counts as about 177 tons, about 55 tons over, or an estimated $15,000 a year unless the building cuts its emissions. 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.

What are the property taxes at 89-28 165th Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.89 million for 89-28 165th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $422,210 a year, roughly $9.00 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4097940036 show the actual bill.

What is the assessed value of 89-28 165th Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 89-28 165th Street at $8.65 million ($5.21 million of it land) and its assessed value at $3.89 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 8% from 2022/23 ($9.39 million) to 2026/27.

Are there vacant storefronts at 89-28 165th Street?

Owners registered 9 storefronts at 89-28 165th Street for December 31, 2024, the newest annual filing the city has published, and 2 of them stood vacant that day. A year earlier, none of 9 did. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2024 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.

Is there retail space for lease at 89-28 165th Street?

No space at 89-28 165th 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.

2,492 buildings from city records

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