Warehouse · Astoria, Queens
19-40 42nd Street
Queens, NY 11105
19-40 42nd Street is a 1-floor warehouse in Astoria, Queens, built in 1986, with about 95,000 square feet of industrial and storage space according to city records.
Also at 41-02 to 41-06 19th Avenue, 19-01 to 19-57 41st Street and 19-22 to 19-58 42nd Street.
- Industrial and storage space
- 95K SF
- Floors
- 1
- Year built
- 1986
- Zoning
- M1-1
The 6th largest of the 9 industrial and storage buildings we track in Astoria. Compare it with 6 neighbors
No space at 19-40 42nd Street 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 Astoria and hear the moment a tenant posts a requirement there.
Compared with its neighbors
How 19-40 42nd Street compares
Next to the 6 nearest large industrial and storage buildings, all within a 11 minute walk, 19-40 42nd Street ranks 5th of 7 by industrial and storage floor area. It went up in 1986; the median neighbor dates from 1963. Its estimated property tax, about $5.68 a square foot of floor area before abatements, is close to the neighbors' median of $5.68.
| Building | Industrial and storage space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 19-40 42nd Street | 95K SF | 1 | 1986 | $5.68 |
| 18-35 38th Street | 53K SF | 2 | 1960 | $4.97 |
| 1 Steinway Place | 347K SF | 2 | 1930 | Exempt |
| 19-50 48th Street | 145K SF | 2 | 1967 | Exempt |
| 48-11 20th Avenue | 130K SF | 2 | 1958 | Exempt |
| 31-07 20th Avenue | 174K SF | 4 | 2017 | $7.24 |
| 22-25 46th Street | 73K SF | 3 | 2018 | $5.68 |
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). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 41-02 to 41-06 19th Avenue; 19-01 to 19-57 41st Street; 19-22 to 19-58 42nd Street
- ZIP code
- 11105
- Building type
- Warehouse (city class E1)
- Total floor area
- 100,028 SF
- Commercial floor area
- 100,028 SF
- Office
- 5,000 SF
- Industrial and storage
- 95,028 SF
- Height
- 1 floor
- Year built
- 1986
- Lot area
- 95,027 SF
- Zoning district
- M1-1
- Built FAR
- 1.05
- Max commercial FAR
- 1
- Tax lot (BBL)
- 4008000010
Nearest subway
- Astoria-Ditmars Blvd
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-03. 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 Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists ARC REBUILDERS INC as the owner of record. For tax year 2026/27 the city values 19-40 42nd Street at $12.1 million and assesses it at $5.45 million. After phase-ins and exemptions its taxable value is $5.24 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 $568,160 a year before abatements, roughly $5.68 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.
- Owner of record
- ARC REBUILDERS INC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $12,104,000
- Land market value
- $7,602,000
- Assessed value
- $5,446,800
- Taxable value (phased in)
- $5,237,460
- Estimated yearly tax
- About $568,160
- Tax per SF of floor area
- About $5.68
City market value by tax year
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 2026-10-03; 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.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
19-40 42nd Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 54 kBtu per square foot. Its greenhouse gas emissions were about 364 metric tons of CO2e (3.64 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Manufacturing/Industrial Plant
- Site energy use intensity
- 54 kBtu/SF
- Greenhouse gas emissions
- 364 t CO2e
- Emissions per SF
- 3.64 kg CO2e
- Floor area in the filing
- 100,028 SF
Energy sources in 2024
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 2026-10-03; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 19-40 42nd Street in the 12 months to October 2026; the last one was first permitted in January 2025.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- January 2025
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across AstoriaWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-03 (permits issued through 2026-10-01). 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.
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
Gross vs net leases in NYC: what tenants actually pay
Gross, modified gross or triple net: how NYC leases split taxes, operating costs and electricity, what the asking rent leaves out, and how to compare two spaces fairly.
How to read a New York commercial lease, clause by clause
Walk through a New York commercial lease clause by clause: rent start, escalations, deposit and guaranty, use, alterations, subletting, default and the end of the term.
Questions about 19-40 42nd Street
How big is 19-40 42nd Street?
19-40 42nd Street has about 100,000 square feet of floor area in total, including 5,000 square feet of office and 95,000 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.
When was 19-40 42nd Street built?
City records list 1986 as the year built. The building is 1 floor tall.
What other addresses does 19-40 42nd Street have?
City records list 41-02 to 41-06 19th Avenue, 19-01 to 19-57 41st Street and 19-22 to 19-58 42nd Street on the same tax lot (BBL 4008000010) as 19-40 42nd Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 19-40 42nd Street?
19-40 42nd Street is in ZIP code 11105, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 19-40 42nd Street, Queens, NY 11105, in Astoria.
What is the zoning at 19-40 42nd Street?
The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.05 and a maximum commercial FAR of 1 for this lot.
What subway station is closest to 19-40 42nd Street?
The closest subway station to 19-40 42nd Street is Astoria-Ditmars Blvd (the N and W trains), about 0.7 miles away in a straight line, roughly 14 minutes on foot. Walking times are straight-line estimates; the street route is longer.
Who owns 19-40 42nd Street?
The NYC Department of Finance's 2026/27 assessment roll lists ARC REBUILDERS INC as the owner of record of 19-40 42nd Street (BBL 4008000010). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Does 19-40 42nd Street have an energy grade?
19-40 42nd Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 54 kBtu per square foot. Its greenhouse gas emissions were about 364 metric tons of CO2e (3.64 kg per square foot).
Is there construction at 19-40 42nd Street?
The Department of Buildings issued no permits for new jobs at 19-40 42nd Street in the 12 months to October 2026; the last one was first permitted in January 2025. These are the Department of Buildings' DOB NOW work permits for tax lot 4008000010. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at 19-40 42nd Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.24 million for 19-40 42nd Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $568,160 a year, roughly $5.68 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4008000010 show the actual bill.
What is the assessed value of 19-40 42nd Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 19-40 42nd Street at $12.1 million ($7.6 million of it land) and its assessed value at $5.45 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 9% from 2022/23 ($11.1 million) to 2026/27.
Is there industrial and storage space for lease at 19-40 42nd Street?
No space at 19-40 42nd Street 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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Astoria
Transit hubs in Astoria
- N W at 30 Av
- N W at Astoria Blvd
- M R at Steinway St