Queens  »  11432  »  162nd St  »  8856 162nd St

88-56 162nd Street, Jamaica, NY 11432 - Property report

Also known as: 88-56 162nd St

Property image for 88-56 162nd Street, Jamaica, NY 11432
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

2019

Lot sq. ft.

9,970

Sale price

$18,800,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
88-56 162nd Street
Alternate address(es)
161-51 - 161-99 89th Ave
ZIP code
11432
Neighborhood
Jamaica
Borough
Queens
Block & lot
09767-0059

Owner

Find out who owns 88-56 162nd Street, Jamaica, NY 11432. Uncover corporate and individual owners with a free account.

Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
49,264
Building dimensions
104.3 ft x 56 ft
Buildings on lot
1
Stories
7
Year built
2019
Building material
Sales
Sale date
11/13/2024
Sale price
$18,800,000
Tax
Tax year
2026-2027
Property tax
$4,439
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
51
Residential sq. ft.
Lot
Lot dimensions
95.5 ft x 104.4 ft
Lot sq. ft.
9,970

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
60 /100.  Bikeable
School district
28
Community district
12
Closest police station
0.34 Miles
Closest fire station
0.23 Miles

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

Ownership

Ownership information for 88-56 162nd Street, Jamaica, NY

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

Sales history for 88-56 162nd Street, Jamaica, NY 11432

Sale date Sale price Buyer name Seller name
11/13/2024 $18,800,000 XXXXXXX XXXX XXX XXXX XXX XXXXXXX XXX
07/12/2017 $4,300,000 XXXX XXX XXXXXXX XXX XXXXXXX XXXXX XXXXXXXXXXX XXX
08/03/2006 $2,655,000 XXXXXXX XXXXX XXXXXXXXXX XXX XXXXXXX XXXXXXXXXXX XXXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/19/2026 - R UCC3 Continuation
(2026081900749001)		 XXXXXXX XXXX XXX XXXXXX XXX
11/20/2024 - R UCC3 Amendment
(2024111500425002)		 XXXX XXX XXXXXXX XXX XXXXXX XXX
11/20/2024 - R
11/13/2024 - D		 Assumption of Mortgage
(2024111500425004)		 XXXX XXX XXXXXXX XXX XXXXXX XXX
11/20/2024 - R
11/13/2024 - D		 Deed
(2024111500425001)		 XXXX XXX XXXXXXX XXX XXXXXXX XXXX XXX
12/14/2021 - R Initial UCC1
(2021121300716002)		 XXXX XXX XXXXXXX XXX XXXXX XXXXXXXXXX XXXXXXX X XXX
12/14/2021 - R UCC3 Termination
(2021121300716001)		 XXXX XXX XXXXXXX XXX XXXXXXX XXXX
12/21/2021 - R
11/23/2021 - D		 Agreement
(2021121300627005)		 XXXX XXX XXXXXXX XXX XXXXX XXXXXXXXXX XXXXXXX X XXX
12/21/2021 - R
11/23/2021 - D		 Mortgage
(2021121300627004)		 XXXX XXX XXXXXXX XXX XXXXX XXXXXXXXXX XXXXXXX X XXX
12/21/2021 - R
11/23/2021 - D		 Assignment, Mortgage
(2021121300627003)		 XXXXXXX XXXX XXXXX XXXXXXXXXX XXXXXXX X XXX
12/21/2021 - R
11/23/2021 - D		 Assignment, Mortgage
(2021121300627002)		 XXXXXXX XXXX XXXXX XXXXXXXXXX XXXXXXX X XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 88-56 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
$4,439
Municipal exemptions
Recent tax assessments
Market value
$7,990,000
Assessed value
$3,595,500

More about New York City Property Taxes

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 $7,955,000 $3,579,750 $35,690 12.439% $437,639 $4,439 -0.49%
2024/25 $7,835,000 $3,525,750 $35,690 12.5% $434,801 $4,461 -0.02%
2023/24 $7,768,000 $3,495,600 $35,690 12.502% $424,967 $4,462 +1.92%
2022/23 $7,767,000 $3,495,150 $35,690 12.267% $408,000 $4,378 -98.02%
2021/22 $4,556,000 $2,050,200 $1,807,951 12.235% $221,203 $221,203 +1942.15%
2020/21 $642,000 $288,900 $88,301 12.267% $10,832 $10,832 +180.45%
2019/20 $306,000 $18,360 $18,247 21.167% $3,862 $3,862 +1.97%
2018/19 $382,000 $22,920 $18,107 20.919% $3,788 $3,788 +8.77%
2017/18 $478,000 $28,680 $17,083 20.385% $3,482 $3,482 +8.08%
2016/17 $451,000 $27,060 $16,117 19.991% $3,222 $3,222 +8.36%
Permits

Permit information for 88-56 162nd Street, Jamaica, NY

Filing date Job type Job status Job description Initial cost
07/23/2024 Alteration CO
03/26/2024 Alteration CO
04/03/2023 Alteration CO
10/21/2020 Alteration
06/01/2020 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
08/02/2024 Bench-failure to benchmark none
05/02/2024 Bench-failure to benchmark none
06/02/2021 Bench-failure to benchmark none

*Most recent DOB violations on record for this property.

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

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 & Hillside Ave at SE Corner
Station lines
F
Distance (miles)
0.171
View subway map

Access the detailed traffic volume map for 88-56 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

Neighbors for 88-56 162nd Street, Jamaica, NY

84-43 150th St, Jamaica 147-06 Hoover Ave, Jamaica 87-31 87th Rd, Jamaica 161-03 86th Cres, Jamaica 85-11 162nd St, Jamaica 162-22 Glenn Ave, Jamaica 150-16 84th Rd, Jamaica 83-41 Smedley St, Jamaica 147-45 84th Rd, Jamaica 143-23 84th Ave, Jamaica 143-01 84th Rd, Jamaica 87-40 164th St, Jamaica 162-33 86th Ave, Jamaica 84-72 151st St, Jamaica 143-19 - 143-21 84th Ave, Jamaica 87-36 162nd St, Jamaica 85-03 150th St, Jamaica 88-47 162nd St, Jamaica 159-30 Highland Ave, Jamaica 85-07 162nd St, Jamaica

Nearby ZIP codes for 88-56 162nd Street, Jamaica, NY

11355, New York City, NY 11358, New York City, NY 11364, New York City, NY 11365, New York City, NY 11366, New York City, NY 11367, New York City, NY 11412, New York City, NY 11415, New York City, NY 11418, New York City, NY 11419, New York City, NY 11420, New York City, NY 11423, New York City, NY 11424, New York City, NY 11427, New York City, NY 11428, New York City, NY 11433, New York City, NY 11434, New York City, NY 11435, New York City, NY 11436, New York City, NY

Frequently asked questions

What is the year built for 88-56 162nd Street, Jamaica, NY 11432?

The development at 88-56 162nd Street, Jamaica, NY 11432 was built in 2019.

What is the total square footage of 88-56 162nd Street, Jamaica, NY 11432?

88-56 162nd Street, Jamaica, NY 11432 has a total of 49,264 square feet.

When was 88-56 162nd Street, Jamaica, NY 11432 last sold and what was the sale price?

88-56 162nd Street, Jamaica, NY 11432 was last sold on 11/13/2024 for $18,800,000.

What is the assessed value of 88-56 162nd Street, Jamaica, NY 11432?

88-56 162nd Street, Jamaica, NY 11432 is currently assessed at $3,595,500.

What are the property taxes for 88-56 162nd Street, Jamaica, NY 11432?

The property taxes for 88-56 162nd Street, Jamaica, NY 11432 total $4,439.

How many residential units does this building have?

This building has 51 residential unit(s).

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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