Queens

Commercial space in Glendale

Glendale sits between Ridgewood and Forest Hills in central Queens, with warehouses and factory buildings on the blocks around Cooper Avenue and Otto Road. The Shops at Atlas Park, an outdoor mall on Cooper Avenue, and the big stores on Woodhaven Boulevard draw shoppers from across the borough. The nearest subway is the M at Middle Village, so most tenants rely on buses and on Woodhaven Boulevard, which runs north to the Long Island Expressway.

Commercial properties
641
Industrial stock
1.9M SF
Median year built
1931
Known for
Industrial, Retail, 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 Glendale

What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.

Commercial properties
641
Office space
367K SF
Retail space
2.1M SF
Built before 1940
73%

Largest industrial and storage buildings

  1. 1 floor · built 1970
  2. 2 floors · built 1949
  3. 2 floors · built 1970
  4. 2 floors · built 1956
  5. 1 floor · built 1960
All 15 large commercial buildings in Glendale

Age, height and zoning

  • Median year built: 1931.
  • Median height: 2 floors.
  • Most common zoning districts: R5D (154), M1-1 (112), R4-1 (89). 19% of these lots are zoned for manufacturing.

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03. Counts cover tax lots with commercial floor area within about 0.4 mi of Glendale'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 Glendale

Every station within about 0.5 mi of Glendale's commercial core, closest first. Stations joined by a free transfer count once.

Stations
1
Subway lines
1
Fully accessible
1 of 1
Closest
Middle Village-Metropolitan Av, 8 min walk

The station

  • Middle Village-Metropolitan Av8 min walk · Accessible station

Lines

The M train stop within about 0.5 mi of Glendale's core.

Step-free access

  • Middle Village-Metropolitan Av (M) is fully accessible.

Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-03. Walking times are straight-line estimates from the nearest point of Glendale'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 Glendale

4 sales of the large commercial buildings Leasemark tracks in Glendale have been recorded since 2016, $220 million in all.

Newest sales

  1. July 2025 · $72 a SF · to QUEENS LIFESTYLE CENTER II LLC and QUEENS LIFESTYLE CENTER LLC
  2. 66-35 Otto Road$72 million
    June 2020 · 2 tax lots · to 576-578 OTTO ROAD LLC
  3. 66-31 Otto Road$40 million
    June 2020 · $440 a SF · to 579 OTTO ROAD LLC
  4. January 2019 · 3 tax lots

Since 2016

  • Largest: 80-00 Cooper Avenue, $72 million in July 2025.
  • Newest deed on record: July 2025. The city's open data runs about a month behind.
All 4 building sales in Glendale

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 Glendale

Of the 15 large commercial buildings Leasemark tracks in Glendale, 15 carry property tax on the city's 2026/27 assessment roll. Their median estimated tax is about $4.59 per square foot of floor area a year, before abatements.

Largest estimated bills

  1. $4.59 a SF · market value $171.9 million
  2. $4.78 a SF · market value $101.8 million
  3. $10.29 a SF · market value $31.9 million
  4. $3.18 a SF · market value $18.1 million
  5. $13.37 a SF · market value $18.9 million
  6. $3.97 a SF · market value $14.2 million

Across 15 taxed buildings

  • The middle half pay between $3.68 and $5.42 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 $101 a square foot. That is the city's valuation for tax, not a sale price.

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 Glendale

In the 12 months to October 2026, the Department of Buildings issued first permits for 5 interior build-outs in 4 of the 15 large commercial buildings Leasemark tracks in Glendale, with work permitted on 4 floors in all. Their filed cost estimates add up to about $1.2 million.

Most build-outs, last 12 months

  1. 1 floor with work
  2. 1 floor with work
  3. 1 floor with work
  4. 1 floor with work
  • 27% of the buildings tracked here had a build-out, against 23% across Queens.

Build-outs by quarter

  • Q1 20252
  • Q2 20256
  • Q3 20254
  • Q4 20251
  • Q1 20260
  • Q2 20260
  • Q3 20264
  • Q4 2026 to Oct 10

Newest

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.

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Questions about Glendale

How much commercial space is there in Glendale?

New York City's PLUTO tax lot data (26v2) records about 7.6 million square feet of commercial floor area across 641 properties in the part of Glendale Leasemark covers, including about 367,000 square feet of office and about 2.1 million square feet of retail. The largest industrial and storage building by that measure is 66-35 Otto Road, at about 103,000 square feet. That is the existing building stock, not space currently available.

What subway lines serve Glendale?

One subway station sits within about 0.5 mi of Glendale's commercial core: Middle Village-Metropolitan Av, served by the M train, roughly 8 minutes on foot. Walking times are straight-line estimates from MTA station data.

Which subway stations in Glendale are accessible?

The one station within about 0.5 mi of Glendale's commercial core is fully accessible, per the MTA: Middle Village-Metropolitan Av (M).

When did a large commercial building in Glendale last sell?

The newest sale on record is 80-00 Cooper Avenue, which sold in July 2025 for $72 million to QUEENS LIFESTYLE CENTER II LLC and QUEENS LIFESTYLE CENTER LLC, per the deed recorded with the city. 4 sales, $220 million in all, have been recorded of the large commercial buildings Leasemark tracks in Glendale since 2016.

See every building sale in Glendale

How much are commercial property taxes in Glendale?

On the Department of Finance's 2026/27 assessment roll, the 15 large commercial buildings Leasemark tracks in Glendale that pay property tax come to a median of about $4.59 per square foot of floor area a year, with the middle half between $3.68 and $5.42. 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 66-26 Metropolitan Avenue, about $7.21 million a year. Many office leases pass a tenant's share of increases over a base year through as additional rent.

How taxes show up in gross and net leases

How much build-out work is happening in Glendale?

In the 12 months to October 2026, the Department of Buildings issued first permits for 5 interior build-outs in 4 of the 15 large commercial buildings Leasemark tracks in Glendale, with work permitted on 4 floors in all. Their filed cost estimates add up to about $1.2 million. The most were at 66-26 Metropolitan 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.

Build-outs in every NYC neighborhood

Do tenants in Glendale 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 Glendale does not pay it at any rent.

See where the Commercial Rent Tax applies

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.