Warehouse · Maspeth, Queens
47-10 Grand Avenue
Maspeth, NY 11378
47-10 Grand Avenue is a 1-floor warehouse in Maspeth, Queens, built in 1950, with about 79,000 square feet of industrial and storage space according to city records.
- Industrial and storage space
- 79K SF
- Floors
- 1
- Year built
- 1950
- Zoning
- M3-1
The 27th largest of the 70 industrial and storage buildings we track in Maspeth. Compare it with 6 neighbors
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Compared with its neighbors
How 47-10 Grand Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 4 minute walk, 47-10 Grand Avenue ranks 4th of 7 by industrial and storage floor area. It went up in 1950; the median neighbor dates from 1944. Its estimated property tax, about $4.06 a square foot of floor area before abatements, is above the neighbors' median of $3.23.
| Building | Industrial and storage space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 47-10 Grand Avenue | 79K SF | 1 | 1950 | $4.06 |
| 47-08 Grand Avenue | 52K SF | 1 | 1950 | $2.71 |
| 50-00 Grand Avenue | 74K SF | 1 | 1989 | $3.62 |
| 47-05 Metropolitan Avenue | 148K SF | 2 | 1938 | $4.33 |
| 58-35 47th Street | 36K SF | 1 | 1966 | Exempt |
| 51-18 Grand Avenue | 114K SF | 2 | 1930 | $3.23 |
| 48-05 Metropolitan Avenue | 126K SF | 2 | 1930 | $0.80 |
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
- ZIP code
- 11378
- Building type
- Warehouse (city class E1)
- Total floor area
- 79,000 SF
- Commercial floor area
- 79,000 SF
- Industrial and storage
- 79,000 SF
- Height
- 1 floor
- Year built
- 1950
- Lot area
- 81,200 SF
- Zoning district
- M3-1
- Built FAR
- 0.97
- Max commercial FAR
- 2
- Tax lot (BBL)
- 4026110104
Nearest subway
- Seneca Av
Other ways around Maspeth
- Q58 and Q59 buses on Grand Av
- Long Island Expressway and Brooklyn-Queens Expressway
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; 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 GRAND METRO BUILDING COMPANY LLC as the owner of record. For tax year 2026/27 the city values 47-10 Grand Avenue at $7.08 million and assesses it at $3.19 million. After phase-ins and exemptions its taxable value is $2.96 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 $320,985 a year before abatements, roughly $4.06 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
- GRAND METRO BUILDING COMPANY LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $7,085,000
- Land market value
- $2,442,000
- Assessed value
- $3,188,250
- Taxable value (phased in)
- $2,958,930
- Estimated yearly tax
- About $320,985
- Tax per SF of floor area
- About $4.06
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 energy benchmarking (Local Law 84)
Energy use and emissions
47-10 Grand Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (the filing does not cover 12 full months of meter data), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade.
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Non-Refrigerated Warehouse
- Floor area in the filing
- 84,530 SF
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.
No industrial and storage space listed in Maspeth yet
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Before you sign
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How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
What does $/SF/yr mean? How to calculate rent per square foot
$/SF/yr is a year's rent for one square foot. How to turn it into a monthly bill, spot a monthly quote, and see what the rate leaves out before you compare spaces.
Tenant rep broker or going direct? Leasing in NYC
Should you hire a tenant rep broker or deal with landlords directly? Who pays commissions in NYC, what a tenant rep does, and how to choose one.
Questions about 47-10 Grand Avenue
How big is 47-10 Grand Avenue?
47-10 Grand Avenue has about 79,000 square feet of floor area in total, including 79,000 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 47-10 Grand Avenue built?
City records list 1950 as the year built. The building is 1 floor tall.
What is the ZIP code of 47-10 Grand Avenue?
47-10 Grand 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 47-10 Grand Avenue, Maspeth, NY 11378.
What is the zoning at 47-10 Grand Avenue?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.97 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 47-10 Grand Avenue?
No subway within a short walk of 47-10 Grand Avenue: the nearest station is more than 1,600 meters away (about 20 minutes on foot before allowing for the street route). The closest subway station to 47-10 Grand Avenue is Seneca Av (the M train), about 1.1 miles away in a straight line; the street route is longer. Other ways around Maspeth: Q58 and Q59 buses on Grand Av; Long Island Expressway and Brooklyn-Queens Expressway. These are neighborhood connections, not directions from the building.
Who owns 47-10 Grand Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists GRAND METRO BUILDING COMPANY LLC as the owner of record of 47-10 Grand Avenue (BBL 4026110104). 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.
Does 47-10 Grand Avenue have an energy grade?
47-10 Grand Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (the filing does not cover 12 full months of meter data), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade.
What are the property taxes at 47-10 Grand Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.96 million for 47-10 Grand Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $320,985 a year, roughly $4.06 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4026110104 show the actual bill.
What is the assessed value of 47-10 Grand Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 47-10 Grand Avenue at $7.08 million ($2.44 million of it land) and its assessed value at $3.19 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 16% from 2022/23 ($6.1 million) to 2026/27.
Is there industrial and storage space for lease at 47-10 Grand Avenue?
No space at 47-10 Grand 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.
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Maspeth
Transit hubs in Maspeth
- Q58 and Q59 buses on Grand Av
- Long Island Expressway and Brooklyn-Queens Expressway