Factory and industrial building · Long Island City, Queens

43-37 33rd Street

Long Island City, NY 11101

43-37 33rd Street is a 5-floor factory and industrial building in Long Island City, Queens, built in 1931, with about 43,000 square feet of industrial and storage space according to city records.

Also at 43-31 33rd Street.

Industrial and storage space
43K SF
Floors
5
Year built
1931
Zoning
M1-4

Industrial and storage space next to its nearest neighbors

  1. 32-07 Queens Boulevard2 min walk265K SF
  2. 43-20 34th Street1 min walk47K SF
  3. 43-37 33rd StreetThis building43K SF

The 78th 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 43-37 33rd Street compares

Next to the 6 nearest large industrial and storage buildings, all within a 5 minute walk, 43-37 33rd Street is the smallest by industrial and storage floor area. It went up in 1931; the median neighbor dates from 1939. Its estimated property tax, about $3.40 a square foot of floor area before abatements, is below the neighbors' median of $5.85.

43-37 33rd 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
43-37 33rd StreetThis building43K SF51931$3.40
43-20 34th Street1 min walk47K SF41931$5.85
32-07 Queens Boulevard2 min walk265K SF31951$5.21
45-20 33rd Street2 min walk113K SF21962Exempt
32-02 Queens Boulevard3 min walk149K SF81931$7.21
32-33 47th Avenue3 min walk50K SF21947$6.14
32-36 47th Avenue5 min walk184K SF31922$4.51
The 78th 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
43-31 33rd Street
ZIP code
11101
Building type
Factory and industrial building (city class F1)
Total floor area
43,000 SF
Commercial floor area
43,000 SF
Industrial and storage
43,000 SF
Height
5 floors
Average floor
About 8,600 SF (floor area divided by floors)
Year built
1931
Lot area
10,000 SF
Zoning district
M1-4
Built FAR
4.3
Max commercial FAR
2
Tax lot (BBL)
4002430013

Nearest subway

  • 33 St-Rawson St1 min walk · Not accessible
  • 40 St-Lowery St8 min walk · Not accessible
  • Queens Plaza8 min walk · Accessible station

Nearby large buildings

All 14 large industrial buildings on 33rd 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 CHAO-TANG INTERNATIONAL CORP. as the owner of record. For tax year 2026/27 the city values 43-37 33rd Street at $3.47 million and assesses it at $1.56 million. After phase-ins and exemptions its taxable value is $1.35 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 $146,262 a year before abatements, roughly $3.40 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
CHAO-TANG INTERNATIONAL CORP.
Tax class
Class 4 (commercial and industrial)
City market value
$3,472,000
Land market value
$600,000
Assessed value
$1,562,400
Taxable value (phased in)
$1,348,290
Estimated yearly tax
About $146,262
Tax per SF of floor area
About $3.40

City market value by tax year

  • 2022/23$2.6 million
  • 2023/24$2.72 million
  • 2024/25$2.8 million
  • 2025/26$3.39 million
  • 2026/27$3.47 million

Market value rose 34% from 2022/23 ($2.6 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.

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NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

43-37 33rd Street reported an ENERGY STAR score of 86 out of 100 for 2024 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 39.7 kBtu per square foot, 45% below the national median of 72.6 for a similar property. Its greenhouse gas emissions were about 130 metric tons of CO2e (3.03 kg per square foot).

ENERGY STAR score (2024)
86 of 100
Grade this score earns (Local Law 33)
A (85 or higher)
Property type (Portfolio Manager)
Office
Site energy use intensity
39.7 kBtu/SF
National median for the type
72.6 kBtu/SF
Greenhouse gas emissions
130 t CO2e
Emissions per SF
3.03 kg CO2e
Floor area in the filing
43,000 SF

ENERGY STAR score by year

  • 202291 (A)
  • 202382 (B)
  • 202486 (A)

Energy sources in 2024

  • Natural gas62%
  • Electricity38%

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, 43-37 33rd Street comes to about 111 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 326 tons for 2024 to 2029 (34% of the limit), so it would owe no penalty. From 2030 the limit drops to 116 tons and the same energy use counts as about 84 tons, still under the limit.

Period
2024 to 2029
Emissions limit
326 t CO2e
Estimated emissions
111 t CO2e
Under the limit by
215 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
116 t CO2e
Estimated emissions
84 t CO2e
Under the limit by
32 t CO2e
Estimated penalty a year
None

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 43,000 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.

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NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 43-37 33rd Street in the 12 months to October 2026; the last one was first permitted in November 2021.

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
November 2021
Interior build-outs, last 24 months
0

New jobs by year

  • 20213
  • 20220
  • 20230
  • 20240
  • 20250
  • 2026 to date0

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 43-37 33rd 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 43-37 33rd Street

How big is 43-37 33rd Street?

43-37 33rd Street has about 43,000 square feet of floor area in total, including 43,000 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 43-37 33rd Street built?

City records list 1931 as the year built. The building is 5 floors tall.

What other addresses does 43-37 33rd Street have?

City records list 43-31 33rd Street on the same tax lot (BBL 4002430013) as 43-37 33rd Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 43-37 33rd Street?

43-37 33rd 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 43-37 33rd Street, Long Island City, NY 11101.

What is the zoning at 43-37 33rd Street?

The lot is in the M1-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 4.3 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 43-37 33rd Street?

The closest subway station to 43-37 33rd Street is 33 St-Rawson St (the 7 train), about 250 feet away in a straight line, roughly 1 minute on foot. Also nearby: 40 St-Lowery St (the 7 train), 8 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 43-37 33rd Street?

The NYC Department of Finance's 2026/27 assessment roll lists CHAO-TANG INTERNATIONAL CORP. as the owner of record of 43-37 33rd Street (BBL 4002430013). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

What is the energy grade of 43-37 33rd Street?

43-37 33rd Street reported an ENERGY STAR score of 86 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 86 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 39.7 kBtu per square foot, 45% below the national median of 72.6 for a similar property. Its greenhouse gas emissions were about 130 metric tons of CO2e (3.03 kg per square foot).

Does 43-37 33rd Street meet Local Law 97?

At its 2024 energy use, 43-37 33rd Street comes to about 111 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 326 tons for 2024 to 2029 (34% of the limit), so it would owe no penalty. From 2030 the limit drops to 116 tons and the same energy use counts as about 84 tons, still under the limit. 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 43-37 33rd Street?

The Department of Buildings issued no permits for new jobs at 43-37 33rd Street in the 12 months to October 2026; the last one was first permitted in November 2021. These are the Department of Buildings' DOB NOW work permits for tax lot 4002430013. 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 43-37 33rd Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $1.35 million for 43-37 33rd Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $146,262 a year, roughly $3.40 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4002430013 show the actual bill.

What is the assessed value of 43-37 33rd Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 43-37 33rd Street at $3.47 million ($600,000 of it land) and its assessed value at $1.56 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 34% from 2022/23 ($2.6 million) to 2026/27.

Is there industrial and storage space for lease at 43-37 33rd Street?

No space at 43-37 33rd 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

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