New York City  »  11432  »  162nd St  »  8934 162nd St

89-34 162nd Street, Jamaica, NY 11432 - Property report

Also known as: 89-34 162nd St

Property image for 89-34 162nd Street, Jamaica, NY 11432
static Mapbox map

Property type

Limited Service - Many Affiliated with National Chain (H3)

Year built

2011

Lot sq. ft.

6,300

Sale price

$14,950,000

General information

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Address
Primary address
89-34 162nd Street
ZIP code
11432
Neighborhood
Jamaica
Borough
Queens
Block & lot
09760-0061

Owner

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Building
Property type
Limited Service - Many Affiliated with National Chain (H3)
Building sq. ft.
30,266
Building dimensions
65 ft x 64 ft
Buildings on lot
1
Stories
7
Year built
2011
Building material
Sales
Sale date
07/28/2023
Sale price
$14,950,000
Tax
Tax year
2026-2027
Property tax
$436,405
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
75 ft x 84 ft
Lot sq. ft.
6,300

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
58 /100.  Bikeable
School district
28
Community district
12
Closest police station
0.32 Miles
Closest fire station
0.29 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 89-34 162nd Street, Jamaica, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 89-34 162nd Street, Jamaica, NY 11432

Sale date Sale price Buyer name Seller name
07/28/2023 $14,950,000 XXXX XXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXXXXX XXX
06/04/2008 $2,100,000 XXXXXXXX XXXXXXXXXX XXX XXXXXXX XXXXXX XXX
04/28/2005 $1,025,000 XXXXXXX XXXXXX, XXX XXXXX XXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/11/2023 - R
07/28/2023 - D
Deed
(2023081000864001)
XXXXXXXX XXXXXXXXXX XXX XXXX XXXXXX XXXXXXXXXX XXX
07/27/2023 - R UCC3 Termination
(2023072400264001)
XXXXXXXX XXXXXXXXXX XXX XXX XXXX XX XXXXXXXXX XXXXXXXXX XX XXXXXX XX XXXX
07/12/2023 - R Initial UCC1
(2023071101053001)
XXXX XXXXXX XXXXXXXXXX XXX XXXXXXX
08/15/2023 - R
07/11/2023 - D
Assignment of Leases and Rents
(2023081500679002)
XXXX XXXXXX XXXXXXXXXX XXX XXXXXXX
08/15/2023 - R
07/11/2023 - D
Agreement
(2023081500679001)
XXXX XXXXXX XXXXXXXXXX XXX XXXXXXX
08/11/2023 - R
07/11/2023 - D
Mortgage
(2023081000864002)
XXXX XXXXXX XXXXXXXXXX XXX XXXXXXX
08/11/2023 - R
07/06/2023 - D
Termination of Assign of L&R
(2023081000864004)
XXXX XXXX XXXXXXXX XXXXXXXXXX XXX
08/11/2023 - R
07/06/2023 - D
Termination of Assign of L&R
(2023081000864003)
XXXX XXXX XXXXXXXX XXXXXXXXXX XXX
05/05/2021 - R UCC3 Continuation
(2021050400255001)
XXXXXXXX XXXXXXXXXX XXX XXXX XXXX
10/14/2016 - R Initial UCC1
(2016101200532001)
XXXXXXXX XXXXXXXXXX XXX XXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 89-34 162nd Street, Jamaica, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$436,405
Municipal exemptions
Recent tax assessments
Market value
$9,787,000
Assessed value
$4,404,150

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $9,647,000 $4,341,150 $3,816,270 10.848% $413,989 $413,989 -0.91%
2024/25 $9,160,000 $4,122,000 $3,882,240 10.762% $417,807 $417,807 +4.29%
2023/24 $8,405,000 $3,782,250 $3,782,250 10.592% $400,616 $400,616 +8.60%
2022/23 $7,700,000 $3,465,000 $3,465,000 10.646% $368,884 $368,884 +1.75%
2021/22 $7,491,000 $3,370,950 $3,370,950 10.755% $362,546 $362,546 -10.08%
2020/21 $10,380,000 $4,671,000 $3,770,010 10.694% $403,165 $403,165 +9.32%
2019/20 $9,130,000 $4,108,500 $3,499,920 10.537% $368,787 $368,787 +4.94%
2018/19 $7,657,000 $3,445,650 $3,342,330 10.514% $351,413 $351,413 +1.15%
2017/18 $7,343,000 $3,304,350 $3,304,350 10.514% $347,419 $347,419 -0.92%
2016/17 $7,379,000 $3,320,550 $3,316,140 10.574% $350,649 $350,649 +6.56%

Permit information for 89-34 162nd Street, Jamaica, NY

Filing date Job type Job status Job description Initial cost
05/14/2025 Alteration
05/09/2025 Alteration
05/07/2025 Alteration
02/27/2025 Alteration
02/26/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/08/2025 Aeuhaz1-fail to certify class 1 none
08/02/2022 Bench-failure to benchmark none
06/01/2022 Bench-failure to benchmark none

*Most recent DOB violations on record for this property.

Queens commercial market stats

Review a detailed real estate market overview of Queens and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Queens and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$458

1.2% Y-o-Y

Q1 2026 median price/sq. ft.

$434

-0.5% Y-o-Y

2025 median price/sq. ft.

$452

4.2% Y-o-Y

Check out recently sold homes in Queens and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Parsons Blvd & Archer Ave at NE Corner
Station lines
E-J-Z
Distance (miles)
0.207

Access the detailed traffic volume map for 89-34 162nd Street, Jamaica, NY 11432 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 89-34 162nd Street, Jamaica, NY 11432?

The development at 89-34 162nd Street, Jamaica, NY 11432 was built in 2011.

What is the market value of 89-34 162nd Street, Jamaica, NY 11432?

The current market value of 89-34 162nd Street, Jamaica, NY 11432 is $9,787,000.

What is the total square footage of 89-34 162nd Street, Jamaica, NY 11432?

89-34 162nd Street, Jamaica, NY 11432 has a total of 30,266 square feet.

What is the price per square foot for this property?

$493 per square foot is the price for 89-34 162nd Street, Jamaica, NY 11432.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 72.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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