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
Factory and industrial building · Long Island City, Queens
40-24 22nd Street
Long Island City, NY 11101
40-24 22nd Street is a 5-floor factory and industrial building in Long Island City, Queens, built in 1913, with about 49,000 square feet of industrial and storage space according to city records.
- Industrial and storage space
- 49K SF
- Floors
- 5
- Year built
- 1913
- Zoning
- M1-5A
The 70th largest of the 102 industrial and storage buildings we track in Long Island City. Compare it with 6 neighbors
No space at 40-24 22nd Street 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.
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Compared with its neighbors
How 40-24 22nd Street compares
Next to the 6 nearest large industrial and storage buildings, all within a 1 minute walk, 40-24 22nd Street ranks 5th of 7 by industrial and storage floor area. It went up in 1913; the median neighbor dates from 1913. Its estimated property tax, about $2.42 a square foot of floor area before abatements, is below the neighbors' median of $3.55.
| Building | Industrial and storage space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 40-24 22nd Street | 49K SF | 5 | 1913 | $2.42 |
| 40-18 22nd Street | 51K SF | 5 | 1915 | $3.70 |
| 21-05 41st Avenue | 91K SF | 5 | 1913 | $3.40 |
| 40-36 22nd Street | 81K SF | 5 | 1913 | $4.61 |
| 21-22 40th Avenue | 44K SF | 6 | 1911 | $2.91 |
| 21-02 40th Avenue | 52K SF | 6 | 1912 | $2.37 |
| 4031 22nd Street | 45K SF | 3 | 1922 | $5.85 |
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 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- ZIP code
- 11101
- Building type
- Factory and industrial building (city class F1)
- Total floor area
- 48,750 SF
- Commercial floor area
- 48,750 SF
- Industrial and storage
- 48,750 SF
- Height
- 5 floors
- Average floor
- About 9,800 SF (floor area divided by floors)
- Year built
- 1913
- Lot area
- 16,700 SF
- Zoning district
- M1-5A
- Built FAR
- 2.92
- Max commercial FAR
- 5
- Tax lot (BBL)
- 4004100035
Nearest subway
- 21 St-Queensbridge
- Queensboro Plaza
- Queens Plaza
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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 40-21 CORNERS, LLC as the owner of record. For tax year 2026/27 the city values 40-24 22nd Street at $2.75 million and assesses it at $1.24 million. After phase-ins and exemptions its taxable value is $1.09 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 $118,066 a year before abatements, roughly $2.42 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
- 40-21 CORNERS, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $2,755,000
- Land market value
- $1,253,000
- Assessed value
- $1,239,750
- Taxable value (phased in)
- $1,088,370
- Estimated yearly tax
- About $118,066
- Tax per SF of floor area
- About $2.42
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 2026-10-09; 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 40-24 22nd Street? List a space here free and we match it against every active requirement.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
40-24 22nd Street reported an ENERGY STAR score of 100 out of 100 for 2022 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns an A (85 or higher). Its site energy use came to 19.2 kBtu per square foot, less than half the national median of 69 for a similar property. Its greenhouse gas emissions were about 90.6 metric tons of CO2e (1.2 kg per square foot). The filing covers 2 tax lots together, so these figures are for the whole property.
- ENERGY STAR score (2022)
- 100 of 100
- Grade this score earns (Local Law 33)
- A (85 or higher)
- Property type (Portfolio Manager)
- Multifamily Housing
- Site energy use intensity
- 19.2 kBtu/SF
- National median for the type
- 69 kBtu/SF
- Greenhouse gas emissions
- 90.6 t CO2e
- Emissions per SF
- 1.2 kg CO2e
- Floor area in the filing
- 75,500 SF
- Tax lots in the filing
- 2
Energy sources in 2022
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 (2022 filing, one filing for 2 tax lots), pulled 2026-10-09; 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 40-24 22nd Street 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
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Questions about 40-24 22nd Street
How big is 40-24 22nd Street?
40-24 22nd Street has about 49,000 square feet of floor area in total, including 49,000 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 40-24 22nd Street built?
City records list 1913 as the year built. The building is 5 floors tall.
What is the ZIP code of 40-24 22nd Street?
40-24 22nd Street 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 40-24 22nd Street, Long Island City, NY 11101.
What is the zoning at 40-24 22nd Street?
The lot is in the M1-5A zoning district. PLUTO lists a built floor area ratio (FAR) of 2.92 and a maximum commercial FAR of 5 for this lot.
What subway station is closest to 40-24 22nd Street?
The closest subway station to 40-24 22nd Street is 21 St-Queensbridge (the M train), about 450 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as an accessible station. Also nearby: Queensboro Plaza (the 7, N and W trains), 5 min walk; Queens Plaza (the E, F and R trains), 9 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 40-24 22nd Street?
The NYC Department of Finance's 2026/27 assessment roll lists 40-21 CORNERS, LLC as the owner of record of 40-24 22nd Street (BBL 4004100035). 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 40-24 22nd Street?
40-24 22nd Street reported an ENERGY STAR score of 100 for calendar year 2022 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 100 earns an A. 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 19.2 kBtu per square foot, less than half the national median of 69 for a similar property. Its greenhouse gas emissions were about 90.6 metric tons of CO2e (1.2 kg per square foot). The filing covers 2 tax lots together, so these figures are for the whole property.
What are the property taxes at 40-24 22nd Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $1.09 million for 40-24 22nd Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $118,066 a year, roughly $2.42 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4004100035 show the actual bill.
What is the assessed value of 40-24 22nd Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 40-24 22nd Street at $2.75 million ($1.25 million of it land) and its assessed value at $1.24 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 25% from 2022/23 ($2.21 million) to 2026/27.
Is there industrial and storage space for lease at 40-24 22nd Street?
No space at 40-24 22nd 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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