Warehouse · Long Island City, Queens

38-20 Review Avenue

Long Island City, NY 11101

38-20 Review Avenue is a 2-floor warehouse in Long Island City, Queens, built in 1972, with about 293,000 square feet of industrial and storage space according to city records.

Also at 38-10 to 38-20 Review Avenue.

Industrial and storage space
293K SF
Floors
2
Year built
1972
Zoning
M3-1

Industrial and storage space next to its nearest neighbors

  1. 38-20 Review AvenueThis building293K SF
  2. 39-14 Review Avenue3 min walk90K SF
  3. 30-60 Review Avenue8 min walk90K SF

The 3rd largest of the 69 industrial and storage buildings we track in Long Island City. Compare it with 6 neighbors

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Compared with its neighbors

How 38-20 Review Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 10 minute walk, 38-20 Review Avenue is the largest by industrial and storage floor area. Built in 1972, it is the newest of them. Its estimated property tax, about $3.16 a square foot of floor area before abatements, is below the neighbors' median of $5.60.

38-20 Review 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
38-20 Review AvenueThis building293K SF21972$3.16n/a
39-14 Review Avenue3 min walk90K SF31930$3.37n/a
30-60 Review Avenue8 min walk90K SF21922$6.17Aug 2006, $15M (2 lots)
34-35 Review Avenue8 min walk116K SF21937$5.04Sep 2020, $369M (3 lots)
30-28 Starr Avenue9 min walk145K SF61913$7.44Dec 2012, $38.3M
30-02 Review Avenue10 min walk150K SF11962$7.02n/a
30-27 Review Avenue10 min walk134K SF21955$4.60n/a
The 3rd largest of the 69 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 50,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other address
38-10 to 38-20 Review Avenue
ZIP code
11101
Building type
Warehouse (city class E1)
Total floor area
302,677 SF
Commercial floor area
302,677 SF
Office
9,440 SF
Industrial and storage
293,237 SF
Height
2 floors
Year built
1972
Lot area
167,382 SF
Zoning district
M3-1
Built FAR
1.81
Max commercial FAR
2
Tax lot (BBL)
4003120089

Nearest subway

  • 33 St-Rawson St20 min walk · Not accessible

Nearby large buildings

All 10 large industrial buildings on Review Avenue

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 REVIEW ASSOCIATES as the owner of record. For tax year 2026/27 the city values 38-20 Review Avenue at $21.2 million and assesses it at $9.56 million. After phase-ins and exemptions its taxable value is $8.81 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 $955,739 a year before abatements, roughly $3.16 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
REVIEW ASSOCIATES
Tax class
Class 4 (commercial and industrial)
City market value
$21,241,000
Land market value
$10,043,000
Assessed value
$9,558,450
Taxable value (phased in)
$8,810,277
Estimated yearly tax
About $955,739
Tax per SF of floor area
About $3.16

City market value by tax year

  • 2022/23$17.6 million
  • 2023/24$18.4 million
  • 2024/25$19.2 million
  • 2025/26$19.9 million
  • 2026/27$21.2 million

Market value rose 21% from 2022/23 ($17.6 million) to 2026/27.

How Long Island City compares: property tax per SF across NYC neighborhoods

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

38-20 Review Avenue reported an ENERGY STAR score of 60 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a C (55 to 69). Its site energy use came to 23.5 kBtu per square foot, 17% below the national median of 28.2 for a similar property. Its greenhouse gas emissions were about 591 metric tons of CO2e (1.95 kg per square foot).

ENERGY STAR score (2024)
60 of 100
Grade this score earns (Local Law 33)
C (55 to 69)
Property type (Portfolio Manager)
Non-Refrigerated Warehouse
Site energy use intensity
23.5 kBtu/SF
National median for the type
28.2 kBtu/SF
Greenhouse gas emissions
591 t CO2e
Emissions per SF
1.95 kg CO2e
Floor area in the filing
302,677 SF

ENERGY STAR score by year

  • 202251 (D)
  • 202359 (C)
  • 202460 (C)

Energy sources in 2024

  • Natural gas52%
  • Electricity48%

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 2026-10-03; 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.

NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 38-20 Review Avenue in the 12 months to October 2026; the last one was first permitted in July 2024.

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
July 2024
Interior build-outs, last 24 months
0

New jobs by year

  • 20210
  • 20220
  • 20232
  • 20241
  • 20250
  • 2026 to date0

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-03 (permits issued through 2026-10-01). 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.

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 38-20 Review 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.

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Questions about 38-20 Review Avenue

How big is 38-20 Review Avenue?

38-20 Review Avenue has about 303,000 square feet of floor area in total, including 9,000 square feet of office and 293,000 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 38-20 Review Avenue built?

City records list 1972 as the year built. The building is 2 floors tall.

What other addresses does 38-20 Review Avenue have?

City records list 38-10 to 38-20 Review Avenue on the same tax lot (BBL 4003120089) as 38-20 Review Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 38-20 Review Avenue?

38-20 Review 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 38-20 Review Avenue, Long Island City, NY 11101.

What is the zoning at 38-20 Review Avenue?

The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.81 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 38-20 Review Avenue?

The closest subway station to 38-20 Review Avenue is 33 St-Rawson St (the 7 train), about 1.0 miles away in a straight line, roughly 20 minutes on foot. Walking times are straight-line estimates; the street route is longer.

Who owns 38-20 Review Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists REVIEW ASSOCIATES as the owner of record of 38-20 Review Avenue (BBL 4003120089). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

What is the energy grade of 38-20 Review Avenue?

38-20 Review Avenue reported an ENERGY STAR score of 60 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 60 earns a C. 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 23.5 kBtu per square foot, 17% below the national median of 28.2 for a similar property. Its greenhouse gas emissions were about 591 metric tons of CO2e (1.95 kg per square foot).

Is there construction at 38-20 Review Avenue?

The Department of Buildings issued no permits for new jobs at 38-20 Review Avenue in the 12 months to October 2026; the last one was first permitted in July 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 4003120089. 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 38-20 Review Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $8.81 million for 38-20 Review Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $955,739 a year, roughly $3.16 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4003120089 show the actual bill.

What is the assessed value of 38-20 Review Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 38-20 Review Avenue at $21.2 million ($10 million of it land) and its assessed value at $9.56 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 21% from 2022/23 ($17.6 million) to 2026/27.

Is there industrial and storage space for lease at 38-20 Review Avenue?

No space at 38-20 Review 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.

1,935 buildings from city records

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