Factory and industrial building · Long Island City, Queens

21-07 Borden Avenue

Long Island City, NY 11101

21-07 Borden Avenue is a 6-floor factory and industrial building in Long Island City, Queens, built in 1907, with about 54,000 square feet of industrial and storage space according to city records.

Also at 51-01 to 51-17 21st Street, 21-02 to 21-08 51st Avenue and 21-01 to 21-07 Borden Avenue.

Industrial and storage space: 54K SF
Floors: 6
Year built: 1907
Zoning: M3-2

Industrial and storage space next to its nearest neighbors

11-58 Borden Avenue1 min walk137K SF
53-01R 11th Street2 min walk72K SF
21-07 Borden AvenueThis building54K SF
11-40 Borden Avenue1 min walk36K SF

The 58th largest of the 102 industrial and storage buildings we track in Long Island City. Compare it with 6 neighbors

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Compared with its neighbors

How 21-07 Borden Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 8 minute walk, 21-07 Borden Avenue ranks 4th of 7 by industrial and storage floor area. Built in 1907, it is the oldest of them. Its estimated property tax, about $2.91 a square foot of floor area before abatements, is below the neighbors' median of $6.28.

21-07 Borden Avenue and the 6 nearest large industrial and storage buildings: size, floors, year built, estimated property tax per square foot and last sale
Building	Industrial and storage space	Floors	Built	Tax / SF	Last sale
21-07 Borden AvenueThis building	54K SF	6	1907	$2.91	n/a
11-58 Borden Avenue1 min walk	137K SF	7	1916	$5.52	Jul 2013, $16.5M
11-40 Borden Avenue1 min walk	36K SF	2	1960	$7.54	Jun 2025, $16M
53-01R 11th Street2 min walk	72K SF	3	1954	$6.28	n/a
23-30 Borden Avenue3 min walk	54K SF	5	2022	$10.26	n/a
47-22 Pearson Place7 min walk	51K SF	1	1941	Exempt	Apr 2016, $18.5M
47-15 Pearson Place8 min walk	88K SF	4	1916	$4.73	n/a

The 58th largest of the 102 industrial and storage buildings we track in Long Island City: see the full list

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

Building facts

Other addresses: 51-01 to 51-17 21st Street; 21-02 to 21-08 51st Avenue; 21-01 to 21-07 Borden Avenue
ZIP code: 11101
Building type: Factory and industrial building (city class F9)
Total floor area: 67,500 SF
Commercial floor area: 67,500 SF
Office: 13,500 SF
Industrial and storage: 54,000 SF
Height: 6 floors
Average floor: About 11,300 SF (floor area divided by floors)
Year built: 1907
Lot area: 13,500 SF
Zoning district: M3-2
Built FAR: 5
Max commercial FAR: 2
Tax lot (BBL): 4000690001

Nearest subway

Hunters Point Av2 min walk · Not accessible
21 St5 min walk · Not accessible
Vernon Blvd-Jackson Av5 min walk · Not accessible

Nearby large buildings

21-09 Borden Avenue164K SF office · 7 floors · 1 min walk
21-01 51st Avenue46K SF office · 3 floors · 1 min walk
21-02 49th Avenue115K SF office · 7 floors · 2 min walk
24-02 49th Avenue655K SF office · 7 floors · 4 min walk
47-40 21st Street180K SF office · 10 floors · 4 min walk
10-04 Borden Avenue48K SF retail · 3 floors · 4 min walk
25-20 Borden Avenue89K SF office · 1 floor · 5 min walk
25-11 49th Avenue193K SF office · 9 floors · 6 min walk

All 14 large commercial buildings on Borden Avenue

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. 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 FEIN BROS REAL ESTATE as the owner of record. For tax year 2026/27 the city values 21-07 Borden Avenue at $4.29 million and assesses it at $1.93 million. After phase-ins and exemptions its taxable value is $1.81 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 $196,514 a year before abatements, roughly $2.91 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: FEIN BROS REAL ESTATE
Tax class: Class 4 (commercial and industrial)
City market value: $4,292,000
Land market value: $810,000
Assessed value: $1,931,400
Taxable value (phased in): $1,811,520
Estimated yearly tax: About $196,514
Tax per SF of floor area: About $2.91

City market value by tax year

2022/23$3.71 million
2023/24$3.88 million
2024/25$4.06 million
2025/26$4.18 million
2026/27$4.29 million

Market value rose 16% from 2022/23 ($3.71 million) to 2026/27.

How Long Island City compares: property tax per SF across NYC neighborhoods Estimate this tax bill, or a tenant's share of it How NYC commercial property tax works

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How to find who owns any NYC building

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 2026-10-16; 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.

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NYC energy benchmarking (Local Law 84)

Energy use and emissions

21-07 Borden Avenue'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 33.2 kBtu per square foot. Its greenhouse gas emissions were about 203 metric tons of CO2e (3.01 kg per square foot).

ENERGY STAR score (2024): None given
Property type (Portfolio Manager): Manufacturing/Industrial Plant
Site energy use intensity: 33.2 kBtu/SF
Greenhouse gas emissions: 203 t CO2e
Emissions per SF: 3.01 kg CO2e
Floor area in the filing: 67,501 SF

Energy sources in 2024

Fuel oil59%
Electricity41%

Share of the energy used on site, as filed.

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 2026-10-16; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

Period: 2024 to 2029
Emissions limit: 512 t CO2e
Estimated emissions: 176 t CO2e
Under the limit by: 336 t CO2e
Estimated penalty a year: None

Period: 2030 to 2034
Emissions limit: 96 t CO2e
Estimated emissions: 137 t CO2e
Over the limit by: 42 t CO2e
Estimated penalty a year: $11,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Manufacturing/Industrial Plant 67,501 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.

How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.

Own or manage 21-07 Borden Avenue? List a space here free and we match it against every active requirement.

NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 21-07 Borden Avenue in the 12 months to October 2026; the last one was first permitted in April 2021.

New jobs, last 12 months: 0
Initial permits, last 12 months: 0
Newest job first permitted: April 2021
Interior build-outs, last 24 months: 0

New jobs by year

20211
20220
20230
20240
20250
2026 to date0

Build-outs across Long Island City Where NYC offices are being built out

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). 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 industrial and storage space listed in Long Island City yet

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Questions about 21-07 Borden Avenue

How big is 21-07 Borden Avenue?

21-07 Borden Avenue has about 68,000 square feet of floor area in total, including 14,000 square feet of office and 54,000 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 21-07 Borden Avenue built?

City records list 1907 as the year built. The building is 6 floors tall.

What other addresses does 21-07 Borden Avenue have?

City records list 51-01 to 51-17 21st Street, 21-02 to 21-08 51st Avenue and 21-01 to 21-07 Borden Avenue on the same tax lot (BBL 4000690001) as 21-07 Borden Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 21-07 Borden Avenue?

21-07 Borden Avenue 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 21-07 Borden Avenue, Long Island City, NY 11101.

What is the zoning at 21-07 Borden Avenue?

The lot is in the M3-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 5 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 21-07 Borden Avenue?

The closest subway station to 21-07 Borden Avenue is Hunters Point Av (the 7 train), about 550 feet away in a straight line, roughly 2 minutes on foot. Also nearby: 21 St (the G train), 5 min walk; Vernon Blvd-Jackson Av (the 7 train), 5 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 21-07 Borden Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists FEIN BROS REAL ESTATE as the owner of record of 21-07 Borden Avenue (BBL 4000690001). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Does 21-07 Borden Avenue have an energy grade?

Does 21-07 Borden Avenue meet Local Law 97?

At its 2024 energy use, 21-07 Borden Avenue comes to about 176 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 512 tons for 2024 to 2029 (34% of the limit), so it would owe no penalty. From 2030 the limit drops to 96 tons and the same energy use counts as about 137 tons, about 42 tons over, or an estimated $11,000 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.

Is there construction at 21-07 Borden Avenue?

The Department of Buildings issued no permits for new jobs at 21-07 Borden Avenue in the 12 months to October 2026; the last one was first permitted in April 2021. These are the Department of Buildings' DOB NOW work permits for tax lot 4000690001. 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 21-07 Borden Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $1.81 million for 21-07 Borden Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $196,514 a year, roughly $2.91 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4000690001 show the actual bill.

What is the assessed value of 21-07 Borden Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 21-07 Borden Avenue at $4.29 million ($810,000 of it land) and its assessed value at $1.93 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 16% from 2022/23 ($3.71 million) to 2026/27.

Is there industrial and storage space for lease at 21-07 Borden Avenue?

No space at 21-07 Borden Avenue 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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