Queens
Commercial space in College Point
College Point is one of the largest industrial areas in Queens, built around the College Point Corporate Park on the East River north of Flushing. Warehouses and light industrial buildings fill much of the park, and the big-box stores on 20th Avenue by the Whitestone Expressway serve much of northeast Queens. There is no subway stop, so tenants rely on buses to Flushing and on the expressways.
- Commercial properties
- 547
- Industrial stock
- 2.8M SF
- Median year built
- 1938
- Known for
- Industrial, Flex / Creative
Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market. More below.
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NYC tax lot records
The building stock in College Point
What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.
- Commercial properties
- 547
- Office space
- 1.4M SF
- Retail space
- 1.2M SF
- Built before 1940
- 51%
Largest industrial and storage buildings
All 18 large commercial buildings in College PointAge, height and zoning
- Median year built: 1938.
- Median height: 2 floors.
- Most common zoning districts: M1-1 (202), R5B (122), R4A (101). 44% of these lots are zoned for manufacturing.
- 2 lots are designated city landmarks.
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03. Counts cover tax lots with commercial floor area within about 0.7 mi of College Point's commercial core, and each lot counts toward one neighborhood only, so boundaries are approximate. Building figures are the city's floor-area estimates, not available space.
NYC property records (ACRIS)
Recent building sales in College Point
2 sales of the large commercial buildings Leasemark tracks in College Point have been recorded since 2016, $36 million in all.
Newest sales
Since 2016
- Largest: 17-20 Whitestone Expressway West Service Road, $24 million in March 2019.
- Newest deed on record: August 2021. The city's open data runs about a month behind.
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-03; prices as the deeds state them, buyers named only when they are companies. These are sales of the large buildings Leasemark tracks, not every sale here: condo buildings (sold unit by unit), partial interests and sales of the company that owns a building are left out.
NYC Department of Finance
Commercial property taxes in College Point
Of the 18 large commercial buildings Leasemark tracks in College Point, 18 carry property tax on the city's 2026/27 assessment roll. Their median estimated tax is about $7.05 per square foot of floor area a year, before abatements.
Largest estimated bills
Across 18 taxed buildings
- The middle half pay between $5.54 and $10.86 a square foot of floor area a year.
- Queens median: $5.47 a square foot, across 252 large buildings Leasemark tracks.
- Median market value on the roll: about $159 a square foot. That is the city's valuation for tax, not a sale price.
31st highest of 48 NYC neighborhoods by tax per SFHow taxes show up in a lease
Source: NYC Department of Finance, Property Valuation and Assessment Data, 2026/27 roll, pulled 2026-10-03. Estimates are the taxable value after exemptions times the Class 4 rate of 10.848% (tax year 2025/26, the latest the city lists), divided by the building's floor area in PLUTO. They leave out abatements such as ICAP, payment-in-lieu-of-taxes agreements and charges, so actual bills differ. Large buildings only (50,000 SF and up in Queens).
NYC Department of Buildings permits
Interior build-outs in College Point
In the 12 months to October 2026, the Department of Buildings issued first permits for 7 interior build-outs in 6 of the 18 large commercial buildings Leasemark tracks in College Point, with work permitted on 6 floors in all. Their filed cost estimates add up to about $1.4 million.
Most build-outs, last 12 months
- 33% of the buildings tracked here had a build-out, against 23% across Queens.
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-03 (permits issued through 2026-10-01). A build-out groups interior jobs (construction, mechanical, plumbing, sprinklers and the like) on the same floors first permitted within 120 days of each other, dated by its first permit. Only the large buildings Leasemark tracks count (50,000 SF and up), not every permit in the neighborhood. Costs are the estimates filed with the jobs. A permit does not say who the work is for.
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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Walk through a New York commercial lease clause by clause: rent start, escalations, deposit and guaranty, use, alterations, subletting, default and the end of the term.
Questions about College Point
How much commercial space is there in College Point?
New York City's PLUTO tax lot data (26v2) records about 7.2 million square feet of commercial floor area across 547 properties in the part of College Point Leasemark covers, including about 1.4 million square feet of office and about 1.2 million square feet of retail. The largest industrial and storage building by that measure is 25-70 Whitestone Expressway, at about 346,000 square feet. That is the existing building stock, not space currently available.
When did a large commercial building in College Point last sell?
The newest sale on record is 115-10 14th Road, which sold in August 2021 for $12 million to COL POINT CENTER OWNER LLC, per the deed recorded with the city. 2 sales, $36 million in all, have been recorded of the large commercial buildings Leasemark tracks in College Point since 2016.
How much are commercial property taxes in College Point?
On the Department of Finance's 2026/27 assessment roll, the 18 large commercial buildings Leasemark tracks in College Point that pay property tax come to a median of about $7.05 per square foot of floor area a year, with the middle half between $5.54 and $10.86. That is the taxable value after exemptions times the Class 4 rate of 10.848% (tax year 2025/26, the latest the city lists), before abatements such as ICAP. The largest estimated bill is 25-70 Whitestone Expressway, about $3.5 million a year. Many office leases pass a tenant's share of increases over a base year through as additional rent.
How much build-out work is happening in College Point?
In the 12 months to October 2026, the Department of Buildings issued first permits for 7 interior build-outs in 6 of the 18 large commercial buildings Leasemark tracks in College Point, with work permitted on 6 floors in all. Their filed cost estimates add up to about $1.4 million. The most were at 128-28 25th Avenue (2 build-outs). A build-out here is interior work on the same floors (construction, mechanical, plumbing, sprinklers and the like) first permitted within 120 days. New interior work usually follows a lease, so it is a rough sign of where tenants are moving in, but a permit does not say who the work is for.
Do tenants in College Point pay the NYC Commercial Rent Tax?
No. The Commercial Rent Tax only applies to space in Manhattan below 96th Street. It was repealed for Queens, so a commercial lease in College Point does not pay it at any rent.
Is it free to post on Leasemark?
Yes. Posting a space or a requirement is free. Contact details are only shared when both sides accept an intro.
Getting there
- Q25 and Q65 buses
- Whitestone Expressway