Factory and industrial building · Long Island City, Queens
32-36 47th Avenue
Long Island City, NY 11101
32-36 47th Avenue is a 3-floor factory and industrial building in Long Island City, Queens, built in 1922, with about 184,000 square feet of industrial and storage space according to city records.
Also at 47-01 to 47-29 32nd Place, 47-00 to 47-30 33rd Street and 32-28 to 32-36 47th Avenue.
- Industrial and storage space
- 184K SF
- Floors
- 3
- Year built
- 1922
- Zoning
- M1-4
The 10th 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 32-36 47th Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 2 minute walk, 32-36 47th Avenue ranks 3rd of 7 by industrial and storage floor area. Built in 1922, it is the oldest of them. Its estimated property tax, about $4.51 a square foot of floor area before abatements, is below the neighbors' median of $5.33.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 32-36 47th Avenue | 184K SF | 3 | 1922 | $4.51 | n/a |
| 47-15 33rd Street | 100K SF | 2 | 1943 | Exempt | Feb 2006, $15.8M |
| 32-35 48th Avenue | 186K SF | 4 | 1964 | $4.53 | n/a |
| 32-33 47th Avenue | 50K SF | 2 | 1947 | $6.14 | n/a |
| 47-36 Van Dam Street | 75K SF | 3 | 1964 | $7.17 | Sep 2003, $9M |
| 47-51 33rd Street | 74K SF | 3 | 1943 | Exempt | Jul 2013, $11M |
| 4725 34th Street | 290K SF | 3 | 1924 | $3.49 | Aug 2016, $89M |
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
- 47-01 to 47-29 32nd Place; 47-00 to 47-30 33rd Street; 32-28 to 32-36 47th Avenue
- ZIP code
- 11101
- Building type
- Factory and industrial building (city class F1)
- Total floor area
- 184,400 SF
- Commercial floor area
- 184,400 SF
- Industrial and storage
- 184,400 SF
- Height
- 3 floors
- Average floor
- About 61,500 SF (floor area divided by floors)
- Year built
- 1922
- Last major alteration
- 1987
- Lot area
- 57,000 SF
- Zoning district
- M1-4
- Built FAR
- 3.24
- Max commercial FAR
- 2
- Tax lot (BBL)
- 4002520018
Nearest subway
- 33 St-Rawson St
- 40 St-Lowery St
- Queens Plaza
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 3300 PROPERTY LP as the owner of record. For tax year 2026/27 the city values 32-36 47th Avenue at $18.8 million and assesses it at $8.48 million. After phase-ins and exemptions its taxable value is $7.67 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 $832,186 a year before abatements, roughly $4.51 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
- 3300 PROPERTY LP
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $18,843,000
- Land market value
- $4,275,000
- Assessed value
- $8,479,350
- Taxable value (phased in)
- $7,671,330
- Estimated yearly tax
- About $832,186
- Tax per SF of floor area
- About $4.51
City market value by tax year
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How to find who owns any NYC buildingSource: 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.
Own or manage 32-36 47th Avenue? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
32-36 47th 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 57.9 kBtu per square foot. Its greenhouse gas emissions were about 1,984 metric tons of CO2e (5.08 kg per square foot). The filing covers 2 tax lots together, so these figures are for the whole property.
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Manufacturing/Industrial Plant
- Site energy use intensity
- 57.9 kBtu/SF
- Greenhouse gas emissions
- 1,984 t CO2e
- Emissions per SF
- 5.08 kg CO2e
- Floor area in the filing
- 390,400 SF
- Tax lots in the filing
- 2
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, one filing for 2 tax lots), 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
At its 2024 energy use, 32-36 47th Avenue comes to about 1,725 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 2,959 tons for 2024 to 2029 (58% of the limit), so it would owe no penalty. From 2030 the limit drops to 553 tons and the same energy use counts as about 1,365 tons, about 811 tons over, or an estimated $217,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 2,959 t CO2e
- Estimated emissions
- 1,725 t CO2e
- Under the limit by
- 1,234 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 553 t CO2e
- Estimated emissions
- 1,365 t CO2e
- Over the limit by
- 811 t CO2e
- Estimated penalty a year
- $217,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Manufacturing/Industrial Plant 390,400 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. The filing covers 2 tax lots together, so these figures are for the whole property.
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 32-36 47th 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 32-36 47th Avenue in the 12 months to October 2026; the last one was first permitted in January 2025. In the last two years, interior work was permitted on one floor (floor 2). The newest build-out, on floor 2 and the roof, was first permitted in January 2025 (mechanical; filed cost estimate $52,000).
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- January 2025
- Interior build-outs, last 24 months
- 1
- Floors with interior work, last 24 months
- 2
Recent build-outs
New jobs by year
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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Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
What does $/SF/yr mean? How to calculate rent per square foot
$/SF/yr is a year's rent for one square foot. How to turn it into a monthly bill, spot a monthly quote, and see what the rate leaves out before you compare spaces.
Tenant rep broker or going direct? Leasing in NYC
Should you hire a tenant rep broker or deal with landlords directly? Who pays commissions in NYC, what a tenant rep does, and how to choose one.
Questions about 32-36 47th Avenue
How big is 32-36 47th Avenue?
32-36 47th Avenue has about 184,000 square feet of floor area in total, including 184,000 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 32-36 47th Avenue built?
City records list 1922 as the year built, with a major alteration recorded in 1987. The building is 3 floors tall.
What other addresses does 32-36 47th Avenue have?
City records list 47-01 to 47-29 32nd Place, 47-00 to 47-30 33rd Street and 32-28 to 32-36 47th Avenue on the same tax lot (BBL 4002520018) as 32-36 47th Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 32-36 47th Avenue?
32-36 47th 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 32-36 47th Avenue, Long Island City, NY 11101.
What is the zoning at 32-36 47th Avenue?
The lot is in the M1-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 3.24 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 32-36 47th Avenue?
The closest subway station to 32-36 47th Avenue is 33 St-Rawson St (the 7 train), about 1000 feet away in a straight line, roughly 4 minutes on foot. Also nearby: 40 St-Lowery St (the 7 train), 9 min walk; Queens Plaza (the E, F and R trains), 11 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 32-36 47th Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists 3300 PROPERTY LP as the owner of record of 32-36 47th Avenue (BBL 4002520018). 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.
Does 32-36 47th Avenue have an energy grade?
32-36 47th 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 57.9 kBtu per square foot. Its greenhouse gas emissions were about 1,984 metric tons of CO2e (5.08 kg per square foot). The filing covers 2 tax lots together, so these figures are for the whole property.
Does 32-36 47th Avenue meet Local Law 97?
At its 2024 energy use, 32-36 47th Avenue comes to about 1,725 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 2,959 tons for 2024 to 2029 (58% of the limit), so it would owe no penalty. From 2030 the limit drops to 553 tons and the same energy use counts as about 1,365 tons, about 811 tons over, or an estimated $217,000 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 32-36 47th Avenue?
The Department of Buildings issued no permits for new jobs at 32-36 47th Avenue in the 12 months to October 2026; the last one was first permitted in January 2025. In the last two years, interior work was permitted on one floor (floor 2). The newest build-out, on floor 2 and the roof, was first permitted in January 2025 (mechanical; filed cost estimate $52,000). These are the Department of Buildings' DOB NOW work permits for tax lot 4002520018. 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 32-36 47th Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $7.67 million for 32-36 47th Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $832,186 a year, roughly $4.51 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4002520018 show the actual bill.
What is the assessed value of 32-36 47th Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 32-36 47th Avenue at $18.8 million ($4.28 million of it land) and its assessed value at $8.48 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 22% from 2022/23 ($15.4 million) to 2026/27.
Is there industrial and storage space for lease at 32-36 47th Avenue?
No space at 32-36 47th 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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