Factory and industrial building · Long Island City, Queens

4031 22nd Street

Long Island City, NY 11101

4031 22nd Street is a 3-floor factory and industrial building in Long Island City, Queens, built in 1922, with about 45,000 square feet of industrial and storage space according to city records.

Also at 40-23 to 40-39 22nd Street.

Industrial and storage space
45K SF
Floors
3
Year built
1922
Zoning
M1-5A

Industrial and storage space next to its nearest neighbors

  1. 40-36 22nd Street1 min walk81K SF
  2. 22-19 41st Avenue1 min walk72K SF
  3. 4031 22nd StreetThis building45K SF

The 74th 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 4031 22nd Street compares

Next to the 6 nearest large industrial and storage buildings, all within a 1 minute walk, 4031 22nd Street ranks 6th of 7 by industrial and storage floor area. It went up in 1922; the median neighbor dates from 1914. Its estimated property tax, about $5.85 a square foot of floor area before abatements, is above the neighbors' median of $3.55.

4031 22nd Street and the 6 nearest large industrial and storage buildings: size, floors, year built, estimated property tax per square foot
BuildingIndustrial and storage spaceFloorsBuiltTax / SF
4031 22nd StreetThis building45K SF31922$5.85
22-19 41st Avenue1 min walk72K SF71922$3.71
40-36 22nd Street1 min walk81K SF51913$4.61
40-24 22nd Street1 min walk49K SF51913$2.42
40-18 22nd Street1 min walk51K SF51915$3.70
21-05 41st Avenue1 min walk91K SF51913$3.40
22-14 40th Avenue1 min walk39K SF61925$3.31
The 74th largest of the 102 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). 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 address
40-23 to 40-39 22nd Street
ZIP code
11101
Building type
Factory and industrial building (city class F1)
Total floor area
48,000 SF
Commercial floor area
48,000 SF
Office
3,000 SF
Industrial and storage
45,000 SF
Height
3 floors
Average floor
About 16,000 SF (floor area divided by floors)
Year built
1922
Lot area
17,500 SF
Zoning district
M1-5A
Built FAR
2.74
Max commercial FAR
5
Tax lot (BBL)
4004090011

Nearest subway

  • 21 St-Queensbridge2 min walk · Accessible station
  • Queensboro Plaza5 min walk · Accessible station
  • Queens Plaza8 min walk · Accessible station

Nearby large buildings

All 9 large commercial buildings on 22nd Street

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; 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 DEWA 22ND STREET, INC. as the owner of record. For tax year 2026/27 the city values 4031 22nd Street at $6.24 million and assesses it at $2.81 million. After phase-ins and exemptions its taxable value is $2.59 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 $280,829 a year before abatements, roughly $5.85 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
DEWA 22ND STREET, INC.
Tax class
Class 4 (commercial and industrial)
City market value
$6,242,000
Land market value
$875,000
Assessed value
$2,808,900
Taxable value (phased in)
$2,588,760
Estimated yearly tax
About $280,829
Tax per SF of floor area
About $5.85

City market value by tax year

  • 2022/23$5.22 million
  • 2023/24$5.46 million
  • 2024/25$5.81 million
  • 2025/26$6.03 million
  • 2026/27$6.24 million

Market value rose 20% from 2022/23 ($5.22 million) to 2026/27.

How Long Island City compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of it

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 4031 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

4031 22nd Street reported an ENERGY STAR score of 66 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 39.5 kBtu per square foot, 27% below the national median of 54.1 for a similar property. Its greenhouse gas emissions were about 149 metric tons of CO2e (3.3 kg per square foot).

ENERGY STAR score (2024)
66 of 100
Grade this score earns (Local Law 33)
C (55 to 69)
Property type (Portfolio Manager)
Distribution Center
Site energy use intensity
39.5 kBtu/SF
National median for the type
54.1 kBtu/SF
Greenhouse gas emissions
149 t CO2e
Emissions per SF
3.3 kg CO2e
Floor area in the filing
45,000 SF

ENERGY STAR score by year

  • 202277 (B)
  • 202362 (C)
  • 202466 (C)

Energy sources in 2024

  • Natural gas51%
  • Electricity49%

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 2026-10-09; 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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 4031 22nd Street comes to about 122 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 258 tons for 2024 to 2029 (47% of the limit), so it would owe no penalty. From 2030 the limit drops to 45 tons and the same energy use counts as about 85 tons, about 40 tons over, or an estimated $11,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
258 t CO2e
Estimated emissions
122 t CO2e
Under the limit by
136 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
45 t CO2e
Estimated emissions
85 t CO2e
Over the limit by
40 t CO2e
Estimated penalty a year
$11,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Distribution Center 45,000 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.

Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.

Own or manage 4031 22nd Street? List a space here free and we match it against every active requirement.

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 4031 22nd Street.

New jobs, last 12 months
1
Initial permits, last 12 months
1
Newest job first permitted
March 2026
Interior build-outs, last 24 months
0

New jobs by year

  • 20210
  • 20222
  • 20230
  • 20240
  • 20250
  • 2026 to date1

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-09 (permits issued through 2026-10-06). 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 4031 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

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

All guides

Questions about 4031 22nd Street

How big is 4031 22nd Street?

4031 22nd Street has about 48,000 square feet of floor area in total, including 3,000 square feet of office and 45,000 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 4031 22nd Street built?

City records list 1922 as the year built. The building is 3 floors tall.

What other addresses does 4031 22nd Street have?

City records list 40-23 to 40-39 22nd Street on the same tax lot (BBL 4004090011) as 4031 22nd Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 4031 22nd Street?

4031 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 4031 22nd Street, Long Island City, NY 11101.

What is the zoning at 4031 22nd Street?

The lot is in the M1-5A zoning district. PLUTO lists a built floor area ratio (FAR) of 2.74 and a maximum commercial FAR of 5 for this lot.

What subway station is closest to 4031 22nd Street?

The closest subway station to 4031 22nd Street is 21 St-Queensbridge (the M train), about 600 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), 8 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 4031 22nd Street?

The NYC Department of Finance's 2026/27 assessment roll lists DEWA 22ND STREET, INC. as the owner of record of 4031 22nd Street (BBL 4004090011). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

What is the energy grade of 4031 22nd Street?

4031 22nd Street reported an ENERGY STAR score of 66 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 66 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 39.5 kBtu per square foot, 27% below the national median of 54.1 for a similar property. Its greenhouse gas emissions were about 149 metric tons of CO2e (3.3 kg per square foot).

Does 4031 22nd Street meet Local Law 97?

At its 2024 energy use, 4031 22nd Street comes to about 122 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 258 tons for 2024 to 2029 (47% of the limit), so it would owe no penalty. From 2030 the limit drops to 45 tons and the same energy use counts as about 85 tons, about 40 tons over, or an estimated $11,000 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 4031 22nd Street?

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 4031 22nd Street. These are the Department of Buildings' DOB NOW work permits for tax lot 4004090011. 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 4031 22nd Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.59 million for 4031 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 $280,829 a year, roughly $5.85 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4004090011 show the actual bill.

What is the assessed value of 4031 22nd Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 4031 22nd Street at $6.24 million ($875,000 of it land) and its assessed value at $2.81 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 20% from 2022/23 ($5.22 million) to 2026/27.

Is there industrial and storage space for lease at 4031 22nd Street?

No space at 4031 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.

2,492 buildings from city records

Look up another building

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