Want · Industrial
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
Loading dockDrive-in doors
Owners: got a fit?I have a fit
Warehouse · Long Island City, Queens
31-10 48th Avenue
Long Island City, NY 11101
31-10 48th Avenue is a 2-floor warehouse in Long Island City, Queens, built in 1955, with about 51,000 square feet of industrial and storage space according to city records.
Also at 48-02 to 48-34 31st Place, 48-01 to 48-29 31st Street, 31-02 to 31-20 48th Avenue and 31-01 to 31-25 Hunters Point Avenue.
- Industrial and storage space
- 51K SF
- Floors
- 2
- Year built
- 1955
- Zoning
- M2-1
The 64th largest of the 69 industrial and storage buildings we track in Long Island City. Compare it with 6 neighbors
No space at 31-10 48th Avenue 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.
Compared with its neighbors
How 31-10 48th Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 3 minute walk, 31-10 48th Avenue is the smallest by industrial and storage floor area. It went up in 1955; the median neighbor dates from 1942. Its estimated property tax, about $5.63 a square foot of floor area before abatements, is below the neighbors' median of $6.28.
| Building | Industrial and storage space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 31-10 48th Avenue | 51K SF | 2 | 1955 | $5.63 |
| 30-40 48th Avenue | 59K SF | 2 | 1930 | $5.94 |
| 47-36 Van Dam Street | 75K SF | 3 | 1964 | $7.17 |
| 49-20 Van Dam Street | 52K SF | 4 | 1932 | $7.24 |
| 49-49 30th Street | 112K SF | 3 | 1953 | $5.58 |
| 49-47 31st Street | 61K SF | 1 | 1931 | $6.63 |
| 32-35 48th Avenue | 186K SF | 4 | 1964 | $4.53 |
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
- 48-02 to 48-34 31st Place; 48-01 to 48-29 31st Street; 31-02 to 31-20 48th Avenue; 31-01 to 31-25 Hunters Point Avenue
- ZIP code
- 11101
- Building type
- Warehouse (city class E1)
- Total floor area
- 68,150 SF
- Commercial floor area
- 68,150 SF
- Office
- 16,688 SF
- Industrial and storage
- 51,462 SF
- Height
- 2 floors
- Year built
- 1955
- Lot area
- 57,800 SF
- Zoning district
- M2-1
- Built FAR
- 1.18
- Max commercial FAR
- 2
- Tax lot (BBL)
- 4002850001
Nearest subway
- 33 St-Rawson St
- Queens Plaza
- Court Sq
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 31-10 48TH AVE LLC as the owner of record. For tax year 2026/27 the city values 31-10 48th Avenue at $8.21 million and assesses it at $3.69 million. After phase-ins and exemptions its taxable value is $3.54 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 $383,938 a year before abatements, roughly $5.63 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
- 31-10 48TH AVE LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $8,209,000
- Land market value
- $1,734,000
- Assessed value
- $3,694,050
- Taxable value (phased in)
- $3,539,250
- Estimated yearly tax
- About $383,938
- Tax per SF of floor area
- About $5.63
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 score, grade and emissions
31-10 48th Avenue reported an ENERGY STAR score of 43 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 21.4 kBtu per square foot, 11% above the national median of 19.2 for a similar property. Its greenhouse gas emissions were about 167 metric tons of CO2e (2.45 kg per square foot).
- ENERGY STAR score (2024)
- 43 of 100
- Grade this score earns (Local Law 33)
- D (under 55)
- Property type (Portfolio Manager)
- Distribution Center
- Site energy use intensity
- 21.4 kBtu/SF
- National median for the type
- 19.2 kBtu/SF
- Greenhouse gas emissions
- 167 t CO2e
- Emissions per SF
- 2.45 kg CO2e
- Floor area in the filing
- 68,150 SF
ENERGY STAR score by year
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. 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.
What a requirement here looks like
No live requirements for industrial and storage space in Long Island City yet. These labeled examples show what tenants post. List a space in 31-10 48th Avenue and we match it against every new one automatically.
Want · Flex / Creative / Industrial
Content studio, flex space with freight
Posted by the tenant · Media
- Where
- Sunset Park, Garment District +1
- Size
- 5,000 to 10,000 SF
- Budget
- to $45/SF
- Move in
- Nov 2026
Freight elevatorHigh ceilings
Owners: got a fit?I have a fit
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 31-10 48th Avenue
How big is 31-10 48th Avenue?
31-10 48th Avenue has about 68,000 square feet of floor area in total, including 17,000 square feet of office and 51,000 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 31-10 48th Avenue built?
City records list 1955 as the year built. The building is 2 floors tall.
What other addresses does 31-10 48th Avenue have?
City records list 48-02 to 48-34 31st Place, 48-01 to 48-29 31st Street, 31-02 to 31-20 48th Avenue and 31-01 to 31-25 Hunters Point Avenue on the same tax lot (BBL 4002850001) as 31-10 48th Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 31-10 48th Avenue?
31-10 48th 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 31-10 48th Avenue, Long Island City, NY 11101.
What is the zoning at 31-10 48th Avenue?
The lot is in the M2-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.18 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 31-10 48th Avenue?
The closest subway station to 31-10 48th Avenue is 33 St-Rawson St (the 7 train), about 0.4 miles away in a straight line, roughly 7 minutes on foot. Also nearby: Queens Plaza (the E, F and R trains), 12 min walk; Court Sq (the 7, G, E and F trains, connected to Court Sq-23 St), 12 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 31-10 48th Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists 31-10 48TH AVE LLC as the owner of record of 31-10 48th Avenue (BBL 4002850001). 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.
What is the energy grade of 31-10 48th Avenue?
31-10 48th Avenue reported an ENERGY STAR score of 43 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 43 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 21.4 kBtu per square foot, 11% above the national median of 19.2 for a similar property. Its greenhouse gas emissions were about 167 metric tons of CO2e (2.45 kg per square foot).
What are the property taxes at 31-10 48th Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.54 million for 31-10 48th Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $383,938 a year, roughly $5.63 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4002850001 show the actual bill.
What is the assessed value of 31-10 48th Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 31-10 48th Avenue at $8.21 million ($1.73 million of it land) and its assessed value at $3.69 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 20% from 2022/23 ($6.86 million) to 2026/27.
Is there industrial and storage space for lease at 31-10 48th Avenue?
No space at 31-10 48th 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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