3PL operator needs last-mile warehouse
Posted by the tenant · Logistics
- Where
- South Bronx, Long Island City +1
- Size
- 15,000 to 30,000 SF
- Budget
- to $45/SF
- Move in
- Jan 2027
Warehouse · Long Island City, Queens
Long Island City, NY 11101
11-49 44th Road is a 3-floor warehouse in Long Island City, Queens, built in 1930, with about 35,000 square feet of industrial and storage space according to city records.
Also at 44-14 to 44-20 21st Street, 13-02 to 13-10 44th Avenue and 11-31 to 11-51 44th Road.
The 101st largest of the 102 industrial and storage buildings we track in Long Island City. Compare it with 6 neighbors
No space at 11-49 44th Road is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once. Nothing free right now? Get tenant alerts for Long Island City and hear the moment a tenant posts a requirement there.
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Compared with its neighbors
Next to the 6 nearest large industrial and storage buildings, all within a 2 minute walk, 11-49 44th Road is the smallest by industrial and storage floor area. It went up in 1930; the median neighbor dates from 1931. Its estimated property tax, about $6.85 a square foot of floor area before abatements, is above the neighbors' median of $3.52.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 11-49 44th Road | 35K SF | 3 | 1930 | $6.85 | n/a |
| 44-01 21st Street | 50K SF | 3 | 1931 | $2.19 | n/a |
| 12-12 43rd Avenue | 112K SF | 4 | 2009 | $2.50 | n/a |
| 21-21 44th Drive | 41K SF | 2 | 1947 | $4.87 | n/a |
| 21-11 44th Avenue | 37K SF | 3 | 1931 | $2.53 | n/a |
| 44-02 11th Street | 121K SF | 6 | 1910 | $6.15 | Jul 2003, $6.1M |
| 43-10 21st Street | 37K SF | 2 | 1931 | $4.52 | Mar 2026, $14.5M |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC storefront registry (Local Law 157)
Owners registered one storefront at 11-49 44th Road for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.
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Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-09. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2024 filing was due June 3, 2025, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
The Department of Finance lists THERMODYNE CORP as the owner of record. For tax year 2026/27 the city values 11-49 44th Road at $7.66 million and assesses it at $3.45 million. After phase-ins and exemptions its taxable value is $3.16 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $342,747 a year before abatements, roughly $6.85 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-09; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
Own or manage 11-49 44th Road? List a space here free and we match it against every active requirement.
NYC energy benchmarking (Local Law 84)
11-49 44th Road reported an ENERGY STAR score of 29 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 58.2 kBtu per square foot, 32% above the national median of 44.1 for a similar property. Its greenhouse gas emissions were about 302 metric tons of CO2e (4.66 kg per square foot).
Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-09; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.
Local Law 97 of 2019, estimated
At its 2024 energy use, 11-49 44th Road comes to about 252 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 378 tons for 2024 to 2029 (67% of the limit), so it would owe no penalty. From 2030 the limit drops to 112 tons and the same energy use counts as about 183 tons, about 71 tons over, or an estimated $19,000 a year unless the building cuts its emissions.
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Hotel 15,000 SF; Office 5,600 SF; Non-Refrigerated Warehouse 44,100 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.
Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.
Own or manage 11-49 44th Road? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at 11-49 44th Road. In the last two years, interior work was permitted on one floor (floor 1 and the mezzanine). The newest build-out, on floor 1 and the mezzanine, was first permitted in April 2026 (mechanical, plumbing, sprinklers; filed cost estimate $100,000).
Build-outs across Long Island CityWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-09 (permits issued through 2026-10-06). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
No live requirements for industrial and storage space in Long Island City yet. These labeled examples show what tenants post. List a space in 11-49 44th Road and we match it against every new one automatically.
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11-49 44th Road has about 50,000 square feet of floor area in total, including 35,000 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
City records list 1930 as the year built. The building is 3 floors tall.
City records list 44-14 to 44-20 21st Street, 13-02 to 13-10 44th Avenue and 11-31 to 11-51 44th Road on the same tax lot (BBL 4004460010) as 11-49 44th Road. A space listed on Leasemark at any of these addresses shows up on this page.
11-49 44th Road is in ZIP code 11101, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 11-49 44th Road, Long Island City, NY 11101.
The lot is in the M1-4A zoning district. PLUTO lists a built floor area ratio (FAR) of 1.16 and a maximum commercial FAR of 5 for this lot.
The closest subway station to 11-49 44th Road is Court Sq-23 St (the E, F, 7 and G trains, connected to Court Sq), about 700 feet away in a straight line, roughly 3 minutes on foot. The MTA lists it as partly accessible. Also nearby: 21 St (the G train), 8 min walk; Queensboro Plaza (the 7, N and W trains), 8 min walk. Walking times are straight-line estimates; the street route is longer.
The NYC Department of Finance's 2026/27 assessment roll lists THERMODYNE CORP as the owner of record of 11-49 44th Road (BBL 4004460010). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
11-49 44th Road reported an ENERGY STAR score of 29 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 29 earns a D. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 58.2 kBtu per square foot, 32% above the national median of 44.1 for a similar property. Its greenhouse gas emissions were about 302 metric tons of CO2e (4.66 kg per square foot).
At its 2024 energy use, 11-49 44th Road comes to about 252 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 378 tons for 2024 to 2029 (67% of the limit), so it would owe no penalty. From 2030 the limit drops to 112 tons and the same energy use counts as about 183 tons, about 71 tons over, or an estimated $19,000 a year unless the building cuts its emissions. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.
In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at 11-49 44th Road. In the last two years, interior work was permitted on one floor (floor 1 and the mezzanine). The newest build-out, on floor 1 and the mezzanine, was first permitted in April 2026 (mechanical, plumbing, sprinklers; filed cost estimate $100,000). These are the Department of Buildings' DOB NOW work permits for tax lot 4004460010. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.16 million for 11-49 44th Road. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $342,747 a year, roughly $6.85 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4004460010 show the actual bill.
For tax year 2026/27, the NYC Department of Finance puts the market value of 11-49 44th Road at $7.66 million ($2.58 million of it land) and its assessed value at $3.45 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 8% from 2022/23 ($7.11 million) to 2026/27.
Owners registered one storefront at 11-49 44th Road for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.
No space at 11-49 44th Road is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
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