| Primary address | 165-02 Jamaica Avenue |
| Secondary address | 92-01 165th St |
| Neighborhood | Jamaica |
| Zip code | 11433 |
| Borough | Queens |
| Block & lot | 10155-0001 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $202,916 |
| Lot sq. ft. | 4,400 |
| Lot dimensions | |
| Property type | Predominant Retail with Other Uses (K4)
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| Building sqft | 15,000 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 4 |
| Year built | 1917 |
| Year last altered | 2017 |
| School district | 28 |
| Community district | 12 |
| Closest police station | 0.14 Miles |
| Closest fire station | 0.51 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
This Predominant Retail with Other Uses (K4) located at 165-02 Jamaica Avenue, Jamaica, NY 11433 has a total of 15,000 square feet.
What is the year built & the current market value of 165-02 Jamaica Avenue, Jamaica, NY 11433?165-02 Jamaica Avenue, Jamaica, NY 11433 was built in 1917 and has a current tax assessor's market value of $4,198,000.
How many commercial spaces does this building have?This building has 5 commercial spaces available for lease. There are 1 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Sale |
|---|---|
| Listing date | 07/28/2025 |
| Last updated | 04/22/2026 |
| Lot size | 4400 SF |
Kassin Sabbagh Realty (KSR) has been exclusively retained to represent the property at 165-02 Jamaica Avenue in Jamaica, Queens, NY 11432. This prominent three-story commercial building is positioned at the corner of Jamaica Avenue and 165th Street. Encompassing approximately 11,862 square feet, the ground floor featured retail storefronts, which are currently occupied. The sixth unit, formerly a Boston Market, is currently occupied by a new tenant Mike Jewelry, the third floor is a shell.
The property offers a compelling value-add opportunity, with the upper two floors currently vacant and well-suited for retail use or future development. It sits on a 4,400 SF lot with an existing Floor Area Ratio (FAR) of 3.41 and a zoning FAR of 6.02, allowing for a total buildable area of up to 26,488 square feet. With a current cap rate of 5.9%, the asset presents strong potential for both income generation and long-term growth.
Strategically located in the heart of Downtown Jamaica, the property enjoys heavy foot traffic and excellent accessibility. It is conveniently situated between the 169th Street and Parsons Boulevard subway stations, and near the Parsons/Archer – Jamaica Center subway station, offering access to multiple subway lines. Additionally, the Jamaica Avenue/165th Street MTA bus stop is located diagonally across the street, providing further commuter convenience.
With its prime location, stable in-place tenancy, and future development potential, 165-02 Jamaica Avenue represents a compelling investment opportunity in one of Queens’ most vibrant commercial corridors.
• Close to multiple subway stations, including Jamaica Center–Parsons/Archer (E, J, Z lines) and 169th Street (F line)
• Potential to renovate upper floors for retail use or expand the building’s footprint, leveraging available air rights
• Situated in a vibrant commercial district with a diverse customer base and strong retail presence
• Prime corner location with high visibility, existing restaurant infrastructure, and proximity to public transportation
• High foot & vehicle traffic area in dense residential neighborhood
Create a free account to view the complete sales history for 165-02 Jamaica Avenue, Jamaica, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 165-02 Jamaica Avenue, Jamaica, NY 11433. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $194,793 |
| Estimated property tax: | $202,916 |
| Tax assessor's market value: | $4,198,000 |
| Assessed value: | $1,889,100 |
Here's the assessment & property tax history for 165-02 Jamaica Avenue, Jamaica, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $4,198,000 | $1,889,100 | $1,795,660 | 10.848% | $194,793 | $194,793 | +1.16% |
| 2024/25 | $4,361,000 | $1,962,450 | $1,789,330 | 10.762% | $192,568 | $192,568 | +3.10% |
| 2023/24 | $4,349,000 | $1,957,050 | $1,763,350 | 10.592% | $186,774 | $186,774 | +1.62% |
| 2022/23 | $4,215,000 | $1,896,750 | $1,726,390 | 10.646% | $183,791 | $183,791 | +1.95% |
| 2021/22 | $3,776,000 | $1,699,200 | $1,676,140 | 10.755% | $180,269 | $180,269 | +6.21% |
The complete history of permits filed for 165-02 Jamaica Avenue, Jamaica, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Queens so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Queens and compare it to other boroughs in New York City.
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| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | 168th St & Hillside Ave at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.309 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Jamaica Av /165 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | Q56 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.011 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 165-02 Jamaica Avenue, Jamaica, NY 11433.
