Warehouse · Long Island City, Queens

23-30 Borden Avenue

Long Island City, NY 11101

23-30 Borden Avenue is a 5-floor warehouse in Long Island City, Queens, built in 2022, with about 54,000 square feet of industrial and storage space according to city records.

Industrial and storage space
54K SF
Floors
5
Year built
2022
Zoning
M3-2

Industrial and storage space next to its nearest neighbors

  1. 11-58 Borden Avenue4 min walk137K SF
  2. 21-07 Borden Avenue3 min walk54K SF
  3. 23-30 Borden AvenueThis building54K SF
  4. 11-40 Borden Avenue3 min walk36K SF

The 60th 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 23-30 Borden Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 6 minute walk, 23-30 Borden Avenue ranks 5th of 7 by industrial and storage floor area. It went up in 2022; the median neighbor dates from 1947. Its estimated property tax, about $10.26 a square foot of floor area before abatements, is above the neighbors' median of $5.52.

23-30 Borden Avenue and the 6 nearest large industrial and storage buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingIndustrial and storage spaceFloorsBuiltTax / SFLast sale
23-30 Borden AvenueThis building54K SF52022$10.26n/a
21-07 Borden Avenue3 min walk54K SF61907$2.91n/a
11-40 Borden Avenue3 min walk36K SF21960$7.54Jun 2025, $16M
11-58 Borden Avenue4 min walk137K SF71916$5.52Jul 2013, $16.5M
53-01R 11th Street4 min walk72K SF31954$6.28n/a
28-90 Review Avenue6 min walk655K SF62024$0.92n/a
47-22 Pearson Place6 min walk51K SF11941ExemptApr 2016, $18.5M
The 60th 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

ZIP code
11101
Building type
Warehouse (city class E9)
Total floor area
777,258 SF
Commercial floor area
245,249 SF
Office
191,589 SF
Industrial and storage
53,660 SF
Height
5 floors
Year built
2022
Lot area
203,236 SF
Zoning district
M3-2
Built FAR
3.82
Max commercial FAR
2
Tax lot (BBL)
4000680038

Nearest subway

  • Hunters Point Av4 min walk · Not accessible
  • 21 St7 min walk · Not accessible
  • Vernon Blvd-Jackson Av8 min walk · Not accessible

Nearby large buildings

All 14 large commercial buildings on Borden Avenue

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; 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 23-30 BORDEN OWNER LLC as the owner of record. For tax year 2026/27 the city values 23-30 Borden Avenue at $172.3 million and assesses it at $77.6 million. After phase-ins and exemptions its taxable value is $73.5 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 $7.97 million a year before abatements, roughly $10.26 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
23-30 BORDEN OWNER LLC
Tax class
Class 4 (commercial and industrial)
City market value
$172,343,000
Land market value
$22,577,000
Assessed value
$77,554,350
Taxable value (phased in)
$73,497,310
Estimated yearly tax
About $7.97 million
Tax per SF of floor area
About $10.26

City market value by tax year

  • 2022/23$19.3 million
  • 2023/24$22.6 million
  • 2024/25$22.6 million
  • 2025/26$165 million
  • 2026/27$172.3 million

Market value rose 793% from 2022/23 ($19.3 million) to 2026/27.

How Long Island City compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow 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 Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 23-30 Borden Avenue in the 12 months to October 2026; the last one was first permitted in June 2025. In the last two years, interior work was permitted on 4 floors (floors 1, 2, 4 and 5). The newest build-out, on floor 5, was first permitted in May 2025 (construction, sprinklers; filed cost estimate $644,000).

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
June 2025
Interior build-outs, last 24 months
3
Floors with interior work, last 24 months
1, 2, 4 and 5

Recent build-outs

  • Floor 5May 2025Construction, Sprinklers; 2 jobs; est. $644,000
  • Floors 4 and 5May 2025Mechanical, Plumbing; 2 jobs; est. $366,000; signed off
  • Floors 1 and 2December 2024Construction, Structural; est. $2,000; signed off

New jobs by year

  • 20216
  • 20226
  • 20236
  • 20249
  • 20254
  • 2026 to date0

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

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (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 23-30 Borden Avenue

How big is 23-30 Borden Avenue?

23-30 Borden Avenue has about 777,000 square feet of floor area in total, including 192,000 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 23-30 Borden Avenue built?

City records list 2022 as the year built. The building is 5 floors tall.

What is the ZIP code of 23-30 Borden Avenue?

23-30 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 23-30 Borden Avenue, Long Island City, NY 11101.

What is the zoning at 23-30 Borden Avenue?

The lot is in the M3-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 3.82 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 23-30 Borden Avenue?

The closest subway station to 23-30 Borden Avenue is Hunters Point Av (the 7 train), about 0.2 miles away in a straight line, roughly 4 minutes on foot. Also nearby: 21 St (the G train), 7 min walk; Vernon Blvd-Jackson Av (the 7 train), 8 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 23-30 Borden Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists 23-30 BORDEN OWNER LLC as the owner of record of 23-30 Borden Avenue (BBL 4000680038). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Is there construction at 23-30 Borden Avenue?

The Department of Buildings issued no permits for new jobs at 23-30 Borden Avenue in the 12 months to October 2026; the last one was first permitted in June 2025. In the last two years, interior work was permitted on 4 floors (floors 1, 2, 4 and 5). The newest build-out, on floor 5, was first permitted in May 2025 (construction, sprinklers; filed cost estimate $644,000). These are the Department of Buildings' DOB NOW work permits for tax lot 4000680038. 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 23-30 Borden Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $73.5 million for 23-30 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 $7.97 million a year, roughly $10.26 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4000680038 show the actual bill.

What is the assessed value of 23-30 Borden Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 23-30 Borden Avenue at $172.3 million ($22.6 million of it land) and its assessed value at $77.6 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 793% from 2022/23 ($19.3 million) to 2026/27.

Is there industrial and storage space for lease at 23-30 Borden Avenue?

No space at 23-30 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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