Warehouse · Maspeth, Queens

46-06 57th Avenue

Maspeth, NY 11378

46-06 57th Avenue is a 2-floor warehouse in Maspeth, Queens, built in 2016, with about 362,000 square feet of industrial and storage space according to city records.

Industrial and storage space
362K SF
Floors
2
Year built
2016
Zoning
M3-1

The 2nd largest of the 42 industrial and storage buildings we track in Maspeth. Compare it with 6 neighbors

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Compared with its neighbors

How 46-06 57th Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 5 minute walk, 46-06 57th Avenue is the largest by industrial and storage floor area. It went up in 2016; the median neighbor dates from 1963. Its estimated property tax, about $8.14 a square foot of floor area before abatements, is above the neighbors' median of $5.03.

46-06 57th Avenue and the 6 nearest large industrial and storage buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingIndustrial and storage spaceFloorsBuiltTax / SFLast sale
46-06 57th AvenueThis building362K SF22016$8.14May 2016, $55.8M (3 lots)
57-22 57th Avenue2 min walk82K SF11930$7.29Apr 2011, $11.5M (2 lots)
500 49th Street3 min walk144K SF41931$3.93n/a
46-05 56th Road4 min walk293K SF11966$4.82n/a
55-90 48th Street4 min walk293K SF12022$5.24n/a
55-30 46th Street5 min walk69K SF21961$6.06Sep 2021, $57.3M
56-75 49th Place5 min walk51K SF21967$4.80n/a
The 2nd largest of the 42 industrial and storage buildings we track in Maspeth: 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); 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 50,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

ZIP code
11378
Building type
Warehouse (city class E1)
Total floor area
362,474 SF
Commercial floor area
362,474 SF
Industrial and storage
362,474 SF
Height
2 floors
Year built
2016
Lot area
509,476 SF
Zoning district
M3-1
Built FAR
0.71
Max commercial FAR
2
Tax lot (BBL)
4025290040

Nearest subway

  • 46 St-Bliss St25 min walk · Not accessible

Nearby large buildings

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; subway stations from the MTA Subway Stations dataset, pulled 2026-09-30. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates.

NYC Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists FIFTY SEVEN AVENUE INVESTMENTS, LLC as the owner of record. For tax year 2026/27 the city values 46-06 57th Avenue at $61.7 million and assesses it at $27.8 million. After phase-ins and exemptions its taxable value is $27.2 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 $2.95 million a year before abatements, roughly $8.14 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
FIFTY SEVEN AVENUE INVESTMENTS, LLC
Tax class
Class 4 (commercial and industrial)
City market value
$61,704,000
Land market value
$24,721,000
Assessed value
$27,766,800
Taxable value (phased in)
$27,206,965
Estimated yearly tax
About $2.95 million
Tax per SF of floor area
About $8.14

City market value by tax year

  • 2022/23$57.7 million
  • 2023/24$59.7 million
  • 2024/25$60.4 million
  • 2025/26$64.4 million
  • 2026/27$61.7 million

Market value rose 7% from 2022/23 ($57.7 million) to 2026/27.

How Maspeth compares: property tax per SF across NYC neighborhoods

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 2026-09-30; 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.

NYC property records (ACRIS)

Sales history

46-06 57th Avenue last sold in May 2016 in a $55.8 million sale that covered 3 tax lots, this one among them, according to the deed recorded with the city. LHD VENTURES, LLC sold it to FIFTY SEVEN AVENUE INVESTMENTS, LLC.

Last sale (deed date)
May 9, 2016
Combined price
$55,767,474 for 3 tax lots
Seller
LHD VENTURES, LLC
Buyer
FIFTY SEVEN AVENUE INVESTMENTS, LLC
Deed recorded
May 18, 2016
ACRIS document
2016051100673004
All 14 building sales in Maspeth since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-09-30; 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; a price for several tax lots is the combined price, not this building's alone.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

46-06 57th Avenue reported an ENERGY STAR score of 34 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 43.3 kBtu per square foot, 30% above the national median of 33.4 for a similar property. Its greenhouse gas emissions were about 1,147 metric tons of CO2e (3.16 kg per square foot).

ENERGY STAR score (2024)
34 of 100
Grade this score earns (Local Law 33)
D (under 55)
Property type (Portfolio Manager)
Distribution Center
Site energy use intensity
43.3 kBtu/SF
National median for the type
33.4 kBtu/SF
Greenhouse gas emissions
1,147 t CO2e
Emissions per SF
3.16 kg CO2e
Floor area in the filing
362,474 SF

ENERGY STAR score by year

  • 202327 (D)
  • 202434 (D)

Energy sources in 2024

  • Natural gas68%
  • Electricity32%

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 2026-09-30; 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.

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Questions about 46-06 57th Avenue

How big is 46-06 57th Avenue?

46-06 57th Avenue has about 362,000 square feet of floor area in total, including 362,000 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 46-06 57th Avenue built?

City records list 2016 as the year built. The building is 2 floors tall.

What is the ZIP code of 46-06 57th Avenue?

46-06 57th Avenue is in ZIP code 11378, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 46-06 57th Avenue, Maspeth, NY 11378.

What is the zoning at 46-06 57th Avenue?

The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.71 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 46-06 57th Avenue?

The closest subway station to 46-06 57th Avenue is 46 St-Bliss St (the 7 train), about 1.3 miles away in a straight line, roughly 25 minutes on foot. Walking times are straight-line estimates; the street route is longer.

Who owns 46-06 57th Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists FIFTY SEVEN AVENUE INVESTMENTS, LLC as the owner of record of 46-06 57th Avenue (BBL 4025290040). 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 46-06 57th Avenue last sold?

46-06 57th Avenue last sold in May 2016 in a $55.8 million sale that covered 3 tax lots, this one among them, according to the deed recorded with the city. LHD VENTURES, LLC sold it to FIFTY SEVEN AVENUE INVESTMENTS, LLC. The deed is ACRIS document 2016051100673004 (BBL 4025290040) 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 46-06 57th Avenue?

46-06 57th Avenue reported an ENERGY STAR score of 34 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 34 earns a D. 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 43.3 kBtu per square foot, 30% above the national median of 33.4 for a similar property. Its greenhouse gas emissions were about 1,147 metric tons of CO2e (3.16 kg per square foot).

What are the property taxes at 46-06 57th Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $27.2 million for 46-06 57th Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $2.95 million a year, roughly $8.14 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4025290040 show the actual bill.

What is the assessed value of 46-06 57th Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 46-06 57th Avenue at $61.7 million ($24.7 million of it land) and its assessed value at $27.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 7% from 2022/23 ($57.7 million) to 2026/27.

Is there industrial and storage space for lease at 46-06 57th Avenue?

No space at 46-06 57th Avenue 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.