Warehouse · Sunnyside, Queens
39-34 43rd Street
Sunnyside, NY 11104
39-34 43rd Street is a 2-floor warehouse in Sunnyside, Queens, built in 1962, with about 94,000 square feet of industrial and storage space according to city records.
- Industrial and storage space
- 94K SF
- Floors
- 2
- Year built
- 1962
- Zoning
- M1-1
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Compared with its neighbors
How 39-34 43rd Street compares
Next to the 6 nearest large industrial and storage buildings, all within a 12 minute walk, 39-34 43rd Street ranks 6th of 7 by industrial and storage floor area. It went up in 1962; the median neighbor dates from 1940. Its estimated property tax, about $5.47 a square foot of floor area before abatements, is below the neighbors' median of $6.08.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 39-34 43rd Street | 94K SF | 2 | 1962 | $5.47 | Jan 2015, $8.1M |
| 39-15 Skillman Avenue | 160K SF | 2 | 1965 | $4.58 | n/a |
| 41-02 Northern Boulevard | 111K SF | 6 | 2003 | $6.04 | n/a |
| 36-20 Northern Boulevard | 54K SF | 5 | 1928 | $6.13 | n/a |
| 36-02 Northern Boulevard | 96K SF | 6 | 1928 | $7.79 | n/a |
| 38-01 47th Avenue | 106K SF | 4 | 1952 | $4.21 | n/a |
| 34-37 37th Street | 128K SF | 7 | 1926 | $6.46 | Aug 2021, $20M |
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
- ZIP code
- 11104
- Building type
- Warehouse (city class E1)
- Total floor area
- 98,000 SF
- Commercial floor area
- 98,000 SF
- Office
- 4,000 SF
- Industrial and storage
- 94,000 SF
- Height
- 2 floors
- Year built
- 1962
- Last major alteration
- 1997
- Lot area
- 118,650 SF
- Zoning district
- M1-1
- Built FAR
- 0.83
- Max commercial FAR
- 1
- Tax lot (BBL)
- 4001830250
Nearest subway
- 40 St-Lowery St
- 46 St-Bliss St
- 36 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03; 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 JGK INDUSTRIES, L.L.C. as the owner of record. For tax year 2026/27 the city values 39-34 43rd Street at $14.2 million and assesses it at $6.39 million. After phase-ins and exemptions its taxable value is $4.95 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 $536,498 a year before abatements, roughly $5.47 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
- JGK INDUSTRIES, L.L.C.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $14,193,000
- Land market value
- $4,746,000
- Assessed value
- $6,386,850
- Taxable value (phased in)
- $4,945,590
- Estimated yearly tax
- About $536,498
- Tax per SF of floor area
- About $5.47
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 property records (ACRIS)
Sales history
39-34 43rd Street last sold in January 2015 for $8.1 million, according to the deed recorded with the city. That comes to about $83 per square foot of floor area.
- Last sale (deed date)
- January 26, 2015
- Price
- $8,100,000
- Price per SF of floor area
- About $83
- Deed recorded
- February 24, 2015
- ACRIS document
- 2015021200545006
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-03; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 39-34 43rd Street. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, was first permitted in November 2025 (plumbing; filed cost estimate $5,000).
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 1
- Newest job first permitted
- November 2025
- Interior build-outs, last 24 months
- 1
- Floors with interior work, last 24 months
- 1
Recent build-outs
New jobs by year
Build-outs across SunnysideWhere NYC offices are being built out
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.
Before you sign
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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 39-34 43rd Street
How big is 39-34 43rd Street?
39-34 43rd Street has about 98,000 square feet of floor area in total, including 4,000 square feet of office and 94,000 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 39-34 43rd Street built?
City records list 1962 as the year built, with a major alteration recorded in 1997. The building is 2 floors tall.
What is the ZIP code of 39-34 43rd Street?
39-34 43rd Street is in ZIP code 11104, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 39-34 43rd Street, Sunnyside, NY 11104.
What is the zoning at 39-34 43rd Street?
The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.83 and a maximum commercial FAR of 1 for this lot.
What subway station is closest to 39-34 43rd Street?
The closest subway station to 39-34 43rd Street is 40 St-Lowery St (the 7 train), about 0.3 miles away in a straight line, roughly 6 minutes on foot. Also nearby: 46 St-Bliss St (the 7 train), 7 min walk; 36 St (the M and R trains), 9 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 39-34 43rd Street?
The NYC Department of Finance's 2026/27 assessment roll lists JGK INDUSTRIES, L.L.C. as the owner of record of 39-34 43rd Street (BBL 4001830250). 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.
When was 39-34 43rd Street last sold?
39-34 43rd Street last sold in January 2015 for $8.1 million, according to the deed recorded with the city. That comes to about $83 per square foot of floor area. The deed is ACRIS document 2015021200545006 (BBL 4001830250) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.
Is there construction at 39-34 43rd Street?
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 39-34 43rd Street. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, was first permitted in November 2025 (plumbing; filed cost estimate $5,000). These are the Department of Buildings' DOB NOW work permits for tax lot 4001830250. 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 39-34 43rd Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $4.95 million for 39-34 43rd Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $536,498 a year, roughly $5.47 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4001830250 show the actual bill.
What is the assessed value of 39-34 43rd Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 39-34 43rd Street at $14.2 million ($4.75 million of it land) and its assessed value at $6.39 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 73% from 2022/23 ($8.22 million) to 2026/27.
Is there industrial and storage space for lease at 39-34 43rd Street?
No space at 39-34 43rd Street 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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Sunnyside
Transit hubs in Sunnyside
- 7 at 40 St-Lowery St
- 7 at 46 St-Bliss St
- 7 at 61 St-Woodside
- LIRR at Woodside