45-10 48th Street

45-10 48th Street has about 138,000 square feet of floor area in total, including 138,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1980 as the year built, with a major alteration recorded in 1995. The building is 1 floor tall.

City records list 34-50 to 34-56 48th Street, 34-60 48th Street and 35-00 48th Street on the same tax lot (BBL 4001430010) as 45-10 48th Street. A space listed on Leasemark at any of these addresses shows up on this page.

City records give two ZIP codes for this tax lot: 11101 in NYC PLUTO 26v2 and 11377 on the Department of Finance's assessment roll. Some large New York buildings have a ZIP code of their own beside the area's, so check with the building's management which one it uses before you rely on either.

The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.46 and a maximum commercial FAR of 1 for this lot.

The closest subway station to 45-10 48th Street is 46 St (the M and R trains), about 0.3 miles away in a straight line, roughly 6 minutes on foot. Also nearby: Steinway St (the M and R trains), 8 min walk; Northern Blvd (the M and R trains), 11 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists 3500 48 STREET OWNERS LLC as the owner of record of 45-10 48th Street (BBL 4001430010). 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.

45-10 48th Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (a campus of several buildings cannot get a score), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 111.8 kBtu per square foot, 2.1 times the national median of 53.2 for a similar property. Its greenhouse gas emissions were about 1,300 metric tons of CO2e (10.44 kg per square foot).

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 45-10 48th 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 February 2026 (construction, mechanical, plumbing; filed cost estimate $95,000). These are the Department of Buildings' DOB NOW work permits for tax lot 4001430010. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $15.9 million for 45-10 48th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.73 million a year, roughly $12.55 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4001430010 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 45-10 48th Street at $36.5 million ($21 million of it land) and its assessed value at $16.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 10% from 2022/23 ($33.1 million) to 2026/27.

Owners registered 3 storefronts at 45-10 48th Street for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day. A year earlier, 1 of 4 stood vacant. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.

No space at 45-10 48th 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.