Factory and industrial building · Long Island City, Queens
43-50 11th Street
Long Island City, NY 11101
43-50 11th Street is a 5-floor factory and industrial building in Long Island City, Queens, built in 1960, with about 51,000 square feet of industrial and storage space according to city records.
Also at 43-49 to 43-57 10th Street and 43-42 to 43-50 11th Street.
- Industrial and storage space
- 51K SF
- Floors
- 5
- Year built
- 1960
- Zoning
- M1-4A
The 65th 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 43-50 11th Street compares
Next to the 6 nearest large industrial and storage buildings, all within a 2 minute walk, 43-50 11th Street ranks 4th of 7 by industrial and storage floor area. It went up in 1960; the median neighbor dates from 1929. Its estimated property tax, about $6.31 a square foot of floor area before abatements, is above the neighbors' median of $5.14.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 43-50 11th Street | 51K SF | 5 | 1960 | $6.31 | Jul 2007, $6M |
| 43-58 11th Street | 37K SF | 1 | 1931 | $6.28 | n/a |
| 43-05 10th Street | 35K SF | 1 | 1930 | $8.03 | n/a |
| 44-02 11th Street | 121K SF | 6 | 1910 | $6.15 | Jul 2003, $6.1M |
| 10-10 44th Avenue | 76K SF | 6 | 1915 | $3.12 | n/a |
| 43-27 Vernon Boulevard | 38K SF | 3 | 1929 | $4.14 | n/a |
| 12-12 43rd Avenue | 112K SF | 4 | 2009 | $2.50 | n/a |
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 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 43-49 to 43-57 10th Street; 43-42 to 43-50 11th Street
- ZIP code
- 11101
- Building type
- Factory and industrial building (city class F9)
- Total floor area
- 57,500 SF
- Commercial floor area
- 57,500 SF
- Office
- 6,400 SF
- Industrial and storage
- 51,100 SF
- Height
- 5 floors
- Average floor
- About 11,500 SF (floor area divided by floors)
- Year built
- 1960
- Last major alteration
- 1998
- Lot area
- 22,163 SF
- Zoning district
- M1-4A
- Built FAR
- 2.59
- Max commercial FAR
- 5
- Tax lot (BBL)
- 4004530023
Nearest subway
- Court Sq-23 St
- 21 St-Queensbridge
- 21 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. 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 51-02 LLC as the owner of record. For tax year 2026/27 the city values 43-50 11th Street at $7.86 million and assesses it at $3.54 million. After phase-ins and exemptions its taxable value is $3.34 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 $362,732 a year before abatements, roughly $6.31 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
- 51-02 LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $7,856,000
- Land market value
- $1,108,000
- Assessed value
- $3,535,200
- Taxable value (phased in)
- $3,343,770
- Estimated yearly tax
- About $362,732
- Tax per SF of floor area
- About $6.31
City market value by tax year
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How to find who owns any NYC buildingSource: 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 2026-10-16; 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 property records (ACRIS)
Sales history
43-50 11th Street last sold in July 2007 for $6.03 million, according to the deed recorded with the city. FRAYME REALTY CO. sold it to 51-02 LLC. That comes to about $105 per square foot of floor area.
- Last sale (deed date)
- July 31, 2007
- Price
- $6,025,000
- Price per SF of floor area
- About $105
- Seller
- FRAYME REALTY CO.
- Buyer
- 51-02 LLC
- Deed recorded
- August 16, 2007
- ACRIS document
- 2007080300707001
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; 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 energy benchmarking (Local Law 84)
Energy score, grade and emissions
43-50 11th Street reported an ENERGY STAR score of 99 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 27 kBtu per square foot, less than half the national median of 96.7 for a similar property. Its greenhouse gas emissions were about 127 metric tons of CO2e (2.13 kg per square foot).
- ENERGY STAR score (2024)
- 99 of 100
- Grade this score earns (Local Law 33)
- A (85 or higher)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 27 kBtu/SF
- National median for the type
- 96.7 kBtu/SF
- Greenhouse gas emissions
- 127 t CO2e
- Emissions per SF
- 2.13 kg CO2e
- Floor area in the filing
- 59,297 SF
ENERGY STAR score by year
Energy sources in 2024
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 2026-10-16; 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.
No industrial and storage space listed in Long Island City yet
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Questions about 43-50 11th Street
How big is 43-50 11th Street?
43-50 11th Street has about 58,000 square feet of floor area in total, including 6,000 square feet of office and 51,000 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 43-50 11th Street built?
City records list 1960 as the year built, with a major alteration recorded in 1998. The building is 5 floors tall.
What other addresses does 43-50 11th Street have?
City records list 43-49 to 43-57 10th Street and 43-42 to 43-50 11th Street on the same tax lot (BBL 4004530023) as 43-50 11th Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 43-50 11th Street?
43-50 11th 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 43-50 11th Street, Long Island City, NY 11101.
What is the zoning at 43-50 11th Street?
The lot is in the M1-4A zoning district. PLUTO lists a built floor area ratio (FAR) of 2.59 and a maximum commercial FAR of 5 for this lot.
What subway station is closest to 43-50 11th Street?
The closest subway station to 43-50 11th Street is Court Sq-23 St (the E, F, 7 and G trains, connected to Court Sq), about 0.3 miles away in a straight line, roughly 5 minutes on foot. The MTA lists it as partly accessible. Also nearby: 21 St-Queensbridge (the M train), 8 min walk; 21 St (the G train), 9 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 43-50 11th Street?
The NYC Department of Finance's 2026/27 assessment roll lists 51-02 LLC as the owner of record of 43-50 11th Street (BBL 4004530023). 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 43-50 11th Street last sold?
43-50 11th Street last sold in July 2007 for $6.03 million, according to the deed recorded with the city. FRAYME REALTY CO. sold it to 51-02 LLC. That comes to about $105 per square foot of floor area. The deed is ACRIS document 2007080300707001 (BBL 4004530023) 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.
What is the energy grade of 43-50 11th Street?
43-50 11th Street reported an ENERGY STAR score of 99 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 99 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 27 kBtu per square foot, less than half the national median of 96.7 for a similar property. Its greenhouse gas emissions were about 127 metric tons of CO2e (2.13 kg per square foot).
What are the property taxes at 43-50 11th Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.34 million for 43-50 11th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $362,732 a year, roughly $6.31 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4004530023 show the actual bill.
What is the assessed value of 43-50 11th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 43-50 11th Street at $7.86 million ($1.11 million of it land) and its assessed value at $3.54 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 9% from 2022/23 ($7.24 million) to 2026/27.
Is there industrial and storage space for lease at 43-50 11th Street?
No space at 43-50 11th 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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