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
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.
| Building | Retail space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 89-28 165th Street | 47K SF | 1 | 1949 | $9.00 | May 2026, $18.5M |
| 89-02 165th Street | 122K SF | 2 | 1947 | $5.36 | n/a |
| 163-19 Jamaica Avenue | 55K SF | 2 | 1952 | $16.37 | n/a |
| 162-29 Jamaica Avenue | 50K SF | 4 | 1937 | $7.34 | Aug 2023, $19.3M (2 lots) |
| 162-17 Jamaica Avenue | 57K SF | 4 | 1930 | $9.04 | Nov 2024, $10.5M |
| 163-02 Jamaica Avenue | 39K SF | 2 | 1927 | $15.20 | n/a |
| 92-18 168th Street | 45K SF | 1 | 2006 | $16.92 | 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
- 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 St
- Parsons Blvd
- Jamaica Center-Parsons/Archer
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
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
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.
Own or manage 89-28 165th Street? List a space here free and we match it against every active requirement.
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
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
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.
Own or manage 89-28 165th Street? List a space here free and we match it against every active requirement.
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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.
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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