Queens
Commercial space in Elmhurst
Elmhurst is one of the busiest retail districts in Queens. Queens Center and Queens Place, two of the largest shopping centers in the borough, sit on Queens Boulevard near Woodhaven Boulevard, and the side streets and Broadway are lined with small stores and restaurants serving one of the most diverse neighborhoods in the city.
- Commercial properties
- 418
- Retail stock
- 4.1M SF
- Median year built
- 1963
- Known for
- Retail, Restaurant
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 Elmhurst
What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.
- Commercial properties
- 418
- Office space
- 1.3M SF
- Retail space
- 4.1M SF
- Built before 1940
- 31%
Largest retail buildings
All 8 large commercial buildings in ElmhurstAge, height and zoning
- Median year built: 1963.
- Median height: 3 floors.
- Most common zoning districts: R6B (131), R6 (89), R5 (56).
- 4 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 0.5 mi of Elmhurst'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.
MTA station data
Subway stations in Elmhurst
Every station within about 0.5 mi of Elmhurst's commercial core, closest first. Stations joined by a free transfer count once.
- Stations
- 2
- Subway lines
- 2
- Fully accessible
- 0 of 2
- Closest
- Woodhaven Blvd, 4 min walk
The 2 stations
- Woodhaven Blvd
- Grand Av-Newtown
Lines
The M and R trains stop within about 0.5 mi of Elmhurst's core.
Step-free access
- None of these stations is fully accessible. The closest accessible station is Junction Blvd (7), about 1.0 miles from the core.
Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-03. Walking times are straight-line estimates from the nearest point of Elmhurst's commercial core (the same area as the building counts), so the street route is longer. Accessibility is the MTA's rating for the named station. PATH, LIRR, Metro-North and ferries are not in this data.
NYC property records (ACRIS)
Recent building sales in Elmhurst
3 sales of the large commercial buildings Leasemark tracks in Elmhurst have been recorded since 2016, $198.5 million in all.
Newest sales
Since 2016
- Largest: 95-25 Queens Boulevard, $139.9 million in March 2017.
- Newest deed on record: December 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 Elmhurst
Of the 8 large commercial buildings Leasemark tracks in Elmhurst, 8 carry property tax on the city's 2026/27 assessment roll. Their median estimated tax is about $7.45 per square foot of floor area a year, before abatements.
Largest estimated bills
Across 8 taxed buildings
- The middle half pay between $6.86 and $11.85 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 $166 a square foot. That is the city's valuation for tax, not a sale price.
28th 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 Elmhurst
In the 12 months to October 2026, the Department of Buildings issued first permits for 36 interior build-outs in 5 of the 8 large commercial buildings Leasemark tracks in Elmhurst, with work permitted on 31 floors in all. Their filed cost estimates add up to about $17 million.
Most build-outs, last 12 months
- 63% 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
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Questions about Elmhurst
How much commercial space is there in Elmhurst?
New York City's PLUTO tax lot data (26v2) records about 9.4 million square feet of commercial floor area across 418 properties in the part of Elmhurst Leasemark covers, including about 1.3 million square feet of office and about 4.1 million square feet of retail. The largest retail building by that measure is 90-15 Queens Boulevard, at about 749,000 square feet. That is the existing building stock, not space currently available.
What subway lines serve Elmhurst?
Two subway stations sit within about 0.5 mi of Elmhurst's commercial core, served by the M and R trains. The closest is Woodhaven Blvd (M R), roughly 4 minutes on foot; then Grand Av-Newtown (M R). Walking times are straight-line estimates from MTA station data.
Which subway stations in Elmhurst are accessible?
Neither of the two stations within about 0.5 mi of Elmhurst's commercial core is fully accessible, per the MTA. The closest accessible station is Junction Blvd (7), about 1.0 miles from the core in a straight line.
When did a large commercial building in Elmhurst last sell?
The newest sale on record is 92-59 59th Avenue, which sold in December 2021 for $40.5 million to QUEENS FLAGSHIP LLC, per the deed recorded with the city. 3 sales, $198.5 million in all, have been recorded of the large commercial buildings Leasemark tracks in Elmhurst since 2016.
How much are commercial property taxes in Elmhurst?
On the Department of Finance's 2026/27 assessment roll, the 8 large commercial buildings Leasemark tracks in Elmhurst that pay property tax come to a median of about $7.45 per square foot of floor area a year, with the middle half between $6.86 and $11.85. 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 90-15 Queens Boulevard, about $15.1 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 Elmhurst?
In the 12 months to October 2026, the Department of Buildings issued first permits for 36 interior build-outs in 5 of the 8 large commercial buildings Leasemark tracks in Elmhurst, with work permitted on 31 floors in all. Their filed cost estimates add up to about $17 million. The most were at 59-17 Junction Boulevard (15 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 Elmhurst 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 Elmhurst 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
- M R at Woodhaven Blvd
- M R at Grand Av-Newtown
- 7 at 90 St-Elmhurst Av