Warehouse and industrial space for sale in Richmond Hill
Richmond Hill's main street is Jamaica Avenue, lined with shops under the elevated J train, which stops at 104th, 111th and 121st Streets. Its largest commercial buildings are industrial: warehouse and manufacturing buildings on the side streets around 121st and 123rd Streets just off Jamaica Avenue, and on Atlantic Avenue near the Van Wyck Expressway, where Richmond Hill meets Jamaica. Liberty Avenue, to the south in South Richmond Hill, is a busy Indo-Caribbean shopping street.
- Industrial stock
- 1.6M SF
- Industrial properties
- 122
- Largest industrial
- 131-11 Atlantic Avenue
- Transit
- J at 121 St
Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market. More below.
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NYC Department of Finance filings
Income and expenses per square foot: industrial buildings in Queens
In 2024, 1,414 Queens industrial properties filed income statements with the city. Their median gross income was $21.00 per square foot, and the middle half collected between $14.25 and $27.79. Their median operating expense was $3.67 per square foot. The typical property's income was up 2% on 2023. The city publishes these figures by borough, not by neighborhood, so they cover Queens as a whole.
Gross income per square foot, 2024
Queens industrial buildings
- Median gross income
- $21.00/SF
- Middle half
- $14.25 to $27.79
- Median operating expense
- $3.67/SF
- Typical change on 2023
- +2%
- Citywide median
- $19.39/SF
- Filings
- 1,414
Source: NYC Department of Finance, FY 2027 RPIE 2024 Income and Expense Distributions (FY 2027 assessment roll, published January 2026), page 6. Owners of income-producing properties file a Real Property Income and Expense statement each year; gross income is everything a property collected in 2024 per square foot, as filed, with outlier and partial-year filers left out. It includes vacant space, concessions and older leases, so it is not an asking rent.
NYC tax lot records
Industrial and storage buildings in Richmond Hill
What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.
- Industrial and storage space
- 1.6M SF
- Properties with industrial and storage space
- 122
- All commercial space
- 5.2M SF
- Built before 1940
- 78%
Largest industrial and storage buildings
All 12 large commercial buildings in Richmond HillAge, height and zoning
- Median year built: 1931.
- Median height: 2 floors.
- Most common zoning districts: R6A (189), R6B (103), M1-1 (96). 18% of these lots are zoned for manufacturing.
- 1 lot is designated city landmarks.
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16. Counts cover tax lots with commercial floor area within about 0.6 mi of Richmond Hill'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 Richmond Hill
Every station within about 0.6 mi of Richmond Hill's commercial core, closest first. Stations joined by a free transfer count once.
- Stations
- 2
- Subway lines
- 3
- Fully accessible
- 1 of 2
- Closest
- 121 St, 5 min walk
The 2 stations
- 121 St
- Jamaica-Van Wyck
Lines
The E, J and Z trains stop within about 0.6 mi of Richmond Hill's core.
Step-free access
- Jamaica-Van Wyck (E) is fully accessible.
Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-16. Walking times are straight-line estimates from the nearest point of Richmond Hill'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 industrial and storage building sales in Richmond Hill
5 sales of the large industrial and storage buildings Leasemark tracks in Richmond Hill have been recorded since 2016, $217.6 million in all.
Newest sales
Since 2016
- Largest: 87-16 121st Street, $84.7 million in January 2026.
- Median price: about $436 a square foot of floor area, across 4 one-building sales.
- Newest deed on record: January 2026. The city's open data runs about a month behind.
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; 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.
Before you sign
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Questions about warehouse and industrial space in Richmond Hill
Is there warehouse and industrial space for sale in Richmond Hill right now?
No warehouse and industrial space for sale in Richmond Hill is listed on Leasemark right now. Post what you want to buy and Leasemark matches you the day a space that fits is listed; your contact details stay private until you accept an intro. Owners and brokers can list a space here for free.
How much does warehouse and industrial space cost in Richmond Hill?
Leasemark has no asking prices posted here yet, so here are the city's own numbers. Owners of industrial buildings in Queens reported a median $21.00 of gross income and $3.67 of operating expense per square foot for 2024 (middle half of income: $14.25 to $27.79), according to the income and expense statements owners file with the NYC Department of Finance (FY 2027 distributions, 1,414 filings). The city publishes these figures by borough, so this is Queens as a whole, not Richmond Hill alone. That is what buildings actually collected, with vacant space, concessions and leases signed years ago in the mix, so it is a baseline rather than a quote: a specific space's price depends on the building's class, floor, condition and the length of the lease.
How do I find warehouse and industrial space in Richmond Hill that is not publicly listed?
Post a requirement on Leasemark. Owners and listing brokers see what you need (without your contact details) and can respond with spaces, including ones that are not on the market yet. You choose who gets an intro.
How much industrial and storage space is there in Richmond Hill?
New York City's PLUTO tax lot data (26v2) records about 1.6 million square feet of industrial and storage floor area across 122 properties in the part of Richmond Hill Leasemark covers. The largest by that measure is 131-11 Atlantic Avenue, at about 170,000 square feet. That is the existing building stock, not space currently for sale.
What subway lines serve Richmond Hill?
Two subway stations sit within about 0.6 mi of Richmond Hill's commercial core, served by the E, J and Z trains. The closest is 121 St (J Z), roughly 5 minutes on foot; then Jamaica-Van Wyck (E). Walking times are straight-line estimates from MTA station data.
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.