Commercial condominium · Long Island City, Queens
25-20 Borden Avenue
Long Island City, NY 11101
25-20 Borden Avenue is a 1-floor commercial condominium in Long Island City, Queens, built in 1952, with about 89,000 square feet of office space according to city records.
Also at 25-20 Borden Avenue (rear).
- Office space
- 89K SF
- Floors
- 1
- Year built
- 1952
- Zoning
- M3-2
The 31st largest of the 48 office buildings we track in Long Island City. Compare it with 6 neighbors
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Compared with its neighbors
How 25-20 Borden Avenue compares
Next to the 6 nearest large office buildings, all within a 7 minute walk, 25-20 Borden Avenue ranks 5th of 7 by office floor area. It went up in 1952; the median neighbor dates from 1922. Its estimated property tax, about $4.96 a square foot of floor area before abatements, is below the neighbors' median of $8.96.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 25-20 Borden Avenue | 89K SF | 1 | 1952 | $4.96 | n/a |
| 24-02 49th Avenue | 655K SF | 7 | 1928 | $0.96 | n/a |
| 21-09 Borden Avenue | 164K SF | 7 | 1930 | $8.78 | Dec 2025, $21.5M |
| 25-11 49th Avenue | 193K SF | 9 | 2019 | $10.81 | Jan 2022, $82.5M |
| 21-01 51st Avenue | 46K SF | 3 | 1913 | $12.96 | n/a |
| 21-02 49th Avenue | 115K SF | 7 | 1916 | $9.15 | Mar 2026, $28M |
| 47-16 Austell Place | 50K SF | 4 | 1916 | $6.79 | Sep 2024, $11M |
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 address
- 25-20 Borden Avenue (rear)
- ZIP code
- 11101
- Building type
- Commercial condominium (city class R5)
- Total floor area
- 89,196 SF
- Commercial floor area
- 89,196 SF
- Office
- 89,196 SF
- Height
- 1 floor
- Year built
- 1952
- Lot area
- 114,356 SF
- Zoning district
- M3-2
- Built FAR
- 0.78
- Max commercial FAR
- 2
- Tax lot (BBL)
- 4000687501
Nearest subway
- Hunters Point Av
- 21 St
- Vernon Blvd-Jackson Av
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
25-20 Borden Avenue is a condominium of 2 tax lots. 25-20 BORDEN WEST PARCEL OWNER LLC, one of 2 owners of record on the roll, owns the units that make up 72% of its market value. For tax year 2026/27 the city values 25-20 Borden Avenue at $11 million and assesses it at $4.94 million. After phase-ins and exemptions its taxable value is $4.08 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 $442,468 a year before abatements, roughly $4.96 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.
- Largest unit owner
- 25-20 BORDEN WEST PARCEL OWNER LLC (72% of market value)
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $10,980,000
- Land market value
- $2,859,000
- Assessed value
- $4,941,001
- Taxable value (phased in)
- $4,078,795
- Estimated yearly tax
- About $442,468
- Tax per SF of floor area
- About $4.96
- Condominium tax lots
- 2
- Owners of record
- 2
Manage or lease this building? Claim this page. Requests are reviewed by hand.
How to find who owns any NYC buildingSource: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll, summed over 2 condominium tax lots; 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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Before you sign
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Questions about 25-20 Borden Avenue
How big is 25-20 Borden Avenue?
25-20 Borden Avenue has about 89,000 square feet of floor area in total, including 89,000 square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 25-20 Borden Avenue built?
City records list 1952 as the year built. The building is 1 floor tall.
What other addresses does 25-20 Borden Avenue have?
City records list 25-20 Borden Avenue (rear) on the same tax lot (BBL 4000687501) as 25-20 Borden Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 25-20 Borden Avenue?
25-20 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 25-20 Borden Avenue, Long Island City, NY 11101.
What is the zoning at 25-20 Borden Avenue?
The lot is in the M3-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.78 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 25-20 Borden Avenue?
The closest subway station to 25-20 Borden Avenue is Hunters Point Av (the 7 train), about 0.3 miles away in a straight line, roughly 6 minutes on foot. Also nearby: 21 St (the G train), 8 min walk; Vernon Blvd-Jackson Av (the 7 train), 10 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 25-20 Borden Avenue?
25-20 Borden Avenue is a condominium of 2 tax lots. 25-20 BORDEN WEST PARCEL OWNER LLC, one of 2 owners of record on the roll, owns the units that make up 72% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 4000687501). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.
What are the property taxes at 25-20 Borden Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $4.08 million for 25-20 Borden Avenue (the sum of its 2 condominium tax lots). At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $442,468 a year, roughly $4.96 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4000687501 show the actual bill.
What is the assessed value of 25-20 Borden Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 25-20 Borden Avenue at $11 million ($2.86 million of it land) and its assessed value at $4.94 million, the 45% of market value the city assesses for Class 4 property.
Is there office space for lease at 25-20 Borden Avenue?
No space at 25-20 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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