Queens

Commercial space in Springfield Gardens

Springfield Gardens in southeast Queens sits on the north edge of JFK Airport, and warehouse and distribution buildings on Rockaway Boulevard, Baisley Boulevard and the Conduit Avenues are the largest part of its commercial stock, minutes from the airport's cargo area, the Belt Parkway and the Van Wyck Expressway. Merrick Boulevard carries neighborhood retail. There is no subway: the LIRR stops at Locust Manor and Laurelton, and most tenants rely on trucks and cars.

Commercial properties
290
Industrial stock
1.7M SF
Median year built
1967
Known for
Industrial, Flex / Creative, Retail

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 Springfield Gardens

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

Commercial properties
290
Office space
1.2M SF
Retail space
234K SF
Built before 1940
25%

Largest industrial and storage buildings

  1. 1 floor · built 2012
  2. 2 floors · built 2022
  3. 2 floors · built 2002
  4. 1 floor · built 2003
  5. 2 floors · built 1962
All 12 large commercial buildings in Springfield Gardens

Age, height and zoning

  • Median year built: 1967.
  • Median height: 2 floors.
  • Most common zoning districts: M1-1 (120), R3-2 (58), R3-1 (55). 41% 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 0.6 mi of Springfield Gardens' 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 Springfield Gardens

2 sales of the large commercial buildings Leasemark tracks in Springfield Gardens have been recorded since 2016, $66.3 million in all.

Newest sales

  1. 179-02 150th Avenue$23.2 million
    August 2019 · 4 tax lots · to PP TANGO NY 2 LLC
  2. 145-68 228th Street$43.1 million
    September 2017 · $329 a SF · to RAR2-JFK IDLEWILD, LLC

Since 2016

  • Largest: 145-68 228th Street, $43.1 million in September 2017.
  • Newest deed on record: August 2019. The city's open data runs about a month behind.
All 2 building sales in Springfield Gardens

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 Springfield Gardens

Of the 12 large commercial buildings Leasemark tracks in Springfield Gardens, 7 carry property tax on the city's 2026/27 assessment roll. Their median estimated tax is about $6.09 per square foot of floor area a year, before abatements.

Largest estimated bills

  1. $16.95 a SF · market value $78.1 million
  2. $5.77 a SF · market value $14.4 million
  3. $8.04 a SF · market value $12.5 million
  4. $7.96 a SF · market value $11.4 million
  5. $6.09 a SF · market value $9.78 million
  6. $5.65 a SF · market value $11.7 million

Across 7 taxed buildings

  • The middle half pay between $5.71 and $8.00 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 $177 a square foot. That is the city's valuation for tax, not a sale price.
  • 5 buildings are fully exempt, including 230-59 Rockaway Boulevard and 230-79 Rockaway Boulevard. Exemptions like these are common for government, nonprofit and PILOT properties.

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 Springfield Gardens

In the 12 months to October 2026, the Department of Buildings issued first permits for 8 interior build-outs in 4 of the 12 large commercial buildings Leasemark tracks in Springfield Gardens, with work permitted on 8 floors in all. Their filed cost estimates add up to about $4.9 million.

Most build-outs, last 12 months

  1. 5 floors with work
  2. 1 floor with work
  3. 1 floor with work
  4. 1 floor with work
  • 33% of the buildings tracked here had a build-out, against 23% across Queens.

Build-outs by quarter

  • Q1 20252
  • Q2 20251
  • Q3 20250
  • Q4 20252
  • Q1 20262
  • Q2 20262
  • Q3 20262
  • 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 Springfield Gardens

How much commercial space is there in Springfield Gardens?

New York City's PLUTO tax lot data (26v2) records about 4.4 million square feet of commercial floor area across 290 properties in the part of Springfield Gardens Leasemark covers, including about 1.2 million square feet of office and about 234,000 square feet of retail. The largest industrial and storage building by that measure is 145-68 228th Street, at about 131,000 square feet. That is the existing building stock, not space currently available.

When did a large commercial building in Springfield Gardens last sell?

The newest sale on record is 179-02 150th Avenue, which sold in August 2019 for $23.2 million (4 tax lots together) to PP TANGO NY 2 LLC, per the deed recorded with the city. 2 sales, $66.3 million in all, have been recorded of the large commercial buildings Leasemark tracks in Springfield Gardens since 2016.

See every building sale in Springfield Gardens

How much are commercial property taxes in Springfield Gardens?

On the Department of Finance's 2026/27 assessment roll, the 7 large commercial buildings Leasemark tracks in Springfield Gardens that pay property tax come to a median of about $6.09 per square foot of floor area a year, with the middle half between $5.71 and $8.00. 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 159-02 Rockaway Boulevard, about $3.54 million a year. 5 more buildings are fully exempt. 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 Springfield Gardens?

In the 12 months to October 2026, the Department of Buildings issued first permits for 8 interior build-outs in 4 of the 12 large commercial buildings Leasemark tracks in Springfield Gardens, with work permitted on 8 floors in all. Their filed cost estimates add up to about $4.9 million. The most were at 159-02 Rockaway Boulevard (4 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 Springfield Gardens 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 Springfield Gardens 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.