Warehouse · Long Island City, Queens
47-07 Pearson Place
Long Island City, NY 11101
47-07 Pearson Place is a 4-floor warehouse in Long Island City, Queens, built in 1916, with about 60,000 square feet of industrial and storage space according to city records.
Also at 47-08 Austell Place.
- Industrial and storage space
- 60K SF
- Floors
- 4
- Year built
- 1916
- Zoning
- M1-4
The 53rd 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 47-07 Pearson Place compares
Next to the 6 nearest large industrial and storage buildings, all within a 4 minute walk, 47-07 Pearson Place ranks 5th of 7 by industrial and storage floor area. It went up in 1916; the median neighbor dates from 1932. Its property tax is fully exempt on the city's assessment roll.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 47-07 Pearson Place | 60K SF | 4 | 1916 | Exempt | n/a |
| 47-15 Pearson Place | 88K SF | 4 | 1916 | $4.73 | n/a |
| 47-22 Pearson Place | 51K SF | 1 | 1941 | Exempt | Apr 2016, $18.5M |
| 47-61 Pearson Place | 56K SF | 4 | 1916 | $4.45 | n/a |
| 4555 Pearson Street | 213K SF | 10 | 1924 | $5.75 | n/a |
| 27-11 49th Avenue | 162K SF | 3 | 1965 | $3.84 | Jun 2022, $106M |
| 47-20 Dutch Kills Street | 117K SF | 3 | 2001 | $4.71 | Apr 2021, $18.2M |
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 address
- 47-08 Austell Place
- ZIP code
- 11101
- Building type
- Warehouse (city class E1)
- Total floor area
- 66,296 SF
- Commercial floor area
- 66,296 SF
- Office
- 6,000 SF
- Industrial and storage
- 60,296 SF
- Height
- 4 floors
- Average floor
- About 16,600 SF (floor area divided by floors)
- Year built
- 1916
- Last major alteration
- 1995
- Lot area
- 20,000 SF
- Zoning district
- M1-4
- Built FAR
- 3.31
- Max commercial FAR
- 2
- Tax lot (BBL)
- 4000980009
Nearest subway
- Court Sq
- Hunters Point Av
- 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 NYC POLICE DEPARTMENT as the owner of record. For tax year 2026/27 the city values 47-07 Pearson Place at $5.59 million and assesses it at $2.52 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.
- Owner of record
- NYC POLICE DEPARTMENT
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $5,591,000
- Land market value
- $800,000
- Assessed value
- $2,515,950
- Exemptions
- $2,515,950
- Estimated yearly tax
- Fully exempt on the roll
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. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.
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NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
47-07 Pearson Place reported an ENERGY STAR score of 88 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 11.9 kBtu per square foot, less than half the national median of 29.8 for a similar property. Its greenhouse gas emissions were about 90.5 metric tons of CO2e (1.36 kg per square foot).
- ENERGY STAR score (2024)
- 88 of 100
- Grade this score earns (Local Law 33)
- A (85 or higher)
- Property type (Portfolio Manager)
- Non-Refrigerated Warehouse
- Site energy use intensity
- 11.9 kBtu/SF
- National median for the type
- 29.8 kBtu/SF
- Greenhouse gas emissions
- 90.5 t CO2e
- Emissions per SF
- 1.36 kg CO2e
- Floor area in the filing
- 66,296 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 47-07 Pearson Place
How big is 47-07 Pearson Place?
47-07 Pearson Place has about 66,000 square feet of floor area in total, including 6,000 square feet of office and 60,000 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 47-07 Pearson Place built?
City records list 1916 as the year built, with a major alteration recorded in 1995. The building is 4 floors tall.
What other addresses does 47-07 Pearson Place have?
City records list 47-08 Austell Place on the same tax lot (BBL 4000980009) as 47-07 Pearson Place. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 47-07 Pearson Place?
47-07 Pearson Place 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 47-07 Pearson Place, Long Island City, NY 11101.
What is the zoning at 47-07 Pearson Place?
The lot is in the M1-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 3.31 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 47-07 Pearson Place?
The closest subway station to 47-07 Pearson Place is Court Sq (the 7, G, E and F trains, connected to Court Sq-23 St), about 0.2 miles away in a straight line, roughly 5 minutes on foot. The MTA lists it as an accessible station. Also nearby: Hunters Point Av (the 7 train), 7 min walk; 21 St (the G train), 8 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 47-07 Pearson Place?
The NYC Department of Finance's 2026/27 assessment roll lists NYC POLICE DEPARTMENT as the owner of record of 47-07 Pearson Place (BBL 4000980009). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What is the energy grade of 47-07 Pearson Place?
47-07 Pearson Place reported an ENERGY STAR score of 88 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 88 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 11.9 kBtu per square foot, less than half the national median of 29.8 for a similar property. Its greenhouse gas emissions were about 90.5 metric tons of CO2e (1.36 kg per square foot).
What are the property taxes at 47-07 Pearson Place?
The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 47-07 Pearson Place, so there is no property tax on the roll to estimate. That is common for government, nonprofit and payment-in-lieu-of-taxes (PILOT) properties. The city's property tax records for BBL 4000980009 show what is actually billed.
What is the assessed value of 47-07 Pearson Place?
For tax year 2026/27, the NYC Department of Finance puts the market value of 47-07 Pearson Place at $5.59 million ($800,000 of it land) and its assessed value at $2.52 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 5% from 2022/23 ($5.32 million) to 2026/27.
Is there industrial and storage space for lease at 47-07 Pearson Place?
No space at 47-07 Pearson Place 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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