Office building with commercial space · Long Island City, Queens

47-16 Austell Place

Long Island City, NY 11101

47-16 Austell Place is a 4-floor office building with commercial space in Long Island City, Queens, built in 1916, with about 50,000 square feet of office space according to city records.

Also at 47-10 to 47-16 Austell Place.

Office space
50K SF
Floors
4
Year built
1916
Zoning
M1-4

Office space next to its nearest neighbors

  1. 25-11 49th Avenue2 min walk193K SF
  2. 47-37 Austell Place1 min walk136K SF
  3. 45-18 Court Square4 min walk107K SF
  4. 47-16 Austell PlaceThis building50K SF

The 37th largest of the 48 office buildings we track in Long Island City. Compare it with 6 neighbors

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Compared with its neighbors

How 47-16 Austell Place compares

Next to the 6 nearest large office buildings, all within a 6 minute walk, 47-16 Austell Place is the smallest by office floor area. It went up in 1916; the median neighbor dates from 1923. Its estimated property tax, about $6.79 a square foot of floor area before abatements, is below the neighbors' median of $9.56.

47-16 Austell Place and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
47-16 Austell PlaceThis building50K SF41916$6.79Sep 2024, $11M
47-37 Austell Place1 min walk136K SF51916$10.13Nov 2015, $35M
25-11 49th Avenue2 min walk193K SF92019$10.81Jan 2022, $82.5M
45-18 Court Square4 min walk107K SF61920ExemptJul 2007, $33M (2 lots)
24-02 49th Avenue5 min walk655K SF71928$0.96n/a
48-02 30th Place5 min walk72K SF31926$9.56Dec 2025, $34.5M
47-07 30th Place6 min walk1.0M SF101920$6.13May 2006, $35.1M
The 37th largest of the 48 office buildings we track in Long Island City: 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 35,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other address
47-10 to 47-16 Austell Place
ZIP code
11101
Building type
Office building with commercial space (city class O5)
Total floor area
51,200 SF
Commercial floor area
51,200 SF
Office
50,000 SF
Retail
1,200 SF
Height
4 floors
Average floor
About 12,800 SF (floor area divided by floors)
Year built
1916
Last major alteration
2015
Lot area
16,000 SF
Zoning district
M1-4
Built FAR
3.2
Max commercial FAR
2
Tax lot (BBL)
4000980042

Nearest subway

  • Court Sq5 min walk · Accessible station · connects to Court Sq-23 St
  • Hunters Point Av7 min walk · Not accessible
  • 21 St8 min walk · Not accessible

Nearby large buildings

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 storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered 2 storefronts at 47-16 Austell Place for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2025
2
Vacant that day
0
Share vacant across Long Island City
8.7%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 20191 of 2
  • 20201 of 2
  • 20210 of 1
  • 20221 of 2
  • 20230 of 2
  • 2024None registered
  • 20250 of 2

Bars show the share of the lot's registered storefronts that stood vacant.

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2025 filing was due June 1, 2026, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.

NYC Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists 47-10 AUSTELL LLC as the owner of record. For tax year 2026/27 the city values 47-16 Austell Place at $7.77 million and assesses it at $3.49 million. After phase-ins and exemptions its taxable value is $3.2 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 $347,423 a year before abatements, roughly $6.79 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
47-10 AUSTELL LLC
Tax class
Class 4 (commercial and industrial)
City market value
$7,766,000
Land market value
$1,440,000
Assessed value
$3,494,700
Taxable value (phased in)
$3,202,650
Estimated yearly tax
About $347,423
Tax per SF of floor area
About $6.79

City market value by tax year

  • 2022/23$7.23 million
  • 2023/24$6.72 million
  • 2024/25$6.86 million
  • 2025/26$6.94 million
  • 2026/27$7.77 million

Market value rose 7% from 2022/23 ($7.23 million) to 2026/27.

How Long Island City compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow NYC commercial property tax works

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How to find who owns any NYC building

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 2026-10-16; 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

47-16 Austell Place last sold in September 2024 for $11 million, according to the deed recorded with the city. EIB AUSTELL LLC sold it to 47-10 AUSTELL LLC. That comes to about $215 per square foot of floor area.

Last sale (deed date)
September 19, 2024
Price
$11,000,000
Price per SF of floor area
About $215
Seller
EIB AUSTELL LLC
Buyer
47-10 AUSTELL LLC
Deed recorded
October 2, 2024
ACRIS document
2024100100258001

Recorded sales

All 45 building sales in Long Island City since 2016

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

47-16 Austell Place reported an ENERGY STAR score of 8 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 116.6 kBtu per square foot, 91% above the national median of 61.1 for a similar property. Its greenhouse gas emissions were about 614 metric tons of CO2e (11.99 kg per square foot).

ENERGY STAR score (2024)
8 of 100
Grade this score earns (Local Law 33)
D (under 55)
Property type (Portfolio Manager)
Office
Site energy use intensity
116.6 kBtu/SF
National median for the type
61.1 kBtu/SF
Greenhouse gas emissions
614 t CO2e
Emissions per SF
11.99 kg CO2e
Floor area in the filing
51,210 SF

ENERGY STAR score by year

  • 202276 (B)
  • 202377 (B)
  • 20248 (D)

Energy sources in 2024

  • Electricity80%
  • Natural gas20%

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 2026-10-16; 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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 47-16 Austell Place comes to about 468 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 388 tons for 2024 to 2029: about 80 tons over, an estimated penalty of $21,000 a year. From 2030 the limit drops to 138 tons and the same energy use counts as about 266 tons, about 129 tons over, or an estimated $34,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
388 t CO2e
Estimated emissions
468 t CO2e
Over the limit by
80 t CO2e
Estimated penalty a year
$21,000
Period
2030 to 2034
Emissions limit
138 t CO2e
Estimated emissions
266 t CO2e
Over the limit by
129 t CO2e
Estimated penalty a year
$34,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 51,210 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.

Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.

How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.

Own or manage 47-16 Austell Place? List a space here free and we match it against every active requirement.

NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 47-16 Austell Place in the 12 months to October 2026; the last one was first permitted in November 2024. In the last two years, interior work was permitted on one floor (floor 3). The newest build-out, on floor 3, was first permitted in November 2024 (construction; filed cost estimate $711,000).

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
November 2024
Interior build-outs, last 24 months
1
Floors with interior work, last 24 months
3

Recent build-outs

  • Floor 3November 2024Construction; est. $711,000

New jobs by year

  • 20210
  • 20220
  • 20235
  • 20241
  • 20250
  • 2026 to date0

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

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Questions about 47-16 Austell Place

How big is 47-16 Austell Place?

47-16 Austell Place has about 51,000 square feet of floor area in total, including 50,000 square feet of office and 1,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 47-16 Austell Place built?

City records list 1916 as the year built, with a major alteration recorded in 2015. The building is 4 floors tall.

What other addresses does 47-16 Austell Place have?

City records list 47-10 to 47-16 Austell Place on the same tax lot (BBL 4000980042) as 47-16 Austell Place. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 47-16 Austell Place?

47-16 Austell 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 47-16 Austell Place, Long Island City, NY 11101.

What is the zoning at 47-16 Austell Place?

The lot is in the M1-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 3.2 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 47-16 Austell Place?

The closest subway station to 47-16 Austell Place is Court Sq (the 7, G, E and F trains, connected to Court Sq-23 St), about 0.3 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 47-16 Austell Place?

The NYC Department of Finance's 2026/27 assessment roll lists 47-10 AUSTELL LLC as the owner of record of 47-16 Austell Place (BBL 4000980042). 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 47-16 Austell Place last sold?

47-16 Austell Place last sold in September 2024 for $11 million, according to the deed recorded with the city. EIB AUSTELL LLC sold it to 47-10 AUSTELL LLC. That comes to about $215 per square foot of floor area. The deed is ACRIS document 2024100100258001 (BBL 4000980042) 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 47-16 Austell Place?

47-16 Austell Place reported an ENERGY STAR score of 8 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 8 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 116.6 kBtu per square foot, 91% above the national median of 61.1 for a similar property. Its greenhouse gas emissions were about 614 metric tons of CO2e (11.99 kg per square foot).

Does 47-16 Austell Place meet Local Law 97?

At its 2024 energy use, 47-16 Austell Place comes to about 468 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 388 tons for 2024 to 2029: about 80 tons over, an estimated penalty of $21,000 a year. From 2030 the limit drops to 138 tons and the same energy use counts as about 266 tons, about 129 tons over, or an estimated $34,000 a year unless the building cuts its emissions. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.

Is there construction at 47-16 Austell Place?

The Department of Buildings issued no permits for new jobs at 47-16 Austell Place in the 12 months to October 2026; the last one was first permitted in November 2024. In the last two years, interior work was permitted on one floor (floor 3). The newest build-out, on floor 3, was first permitted in November 2024 (construction; filed cost estimate $711,000). These are the Department of Buildings' DOB NOW work permits for tax lot 4000980042. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

What are the property taxes at 47-16 Austell Place?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.2 million for 47-16 Austell Place. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $347,423 a year, roughly $6.79 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4000980042 show the actual bill.

What is the assessed value of 47-16 Austell Place?

For tax year 2026/27, the NYC Department of Finance puts the market value of 47-16 Austell Place at $7.77 million ($1.44 million of it land) and its assessed value at $3.49 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 7% from 2022/23 ($7.23 million) to 2026/27.

Are there vacant storefronts at 47-16 Austell Place?

Owners registered 2 storefronts at 47-16 Austell Place for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. 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.

Is there office space for lease at 47-16 Austell Place?

No space at 47-16 Austell 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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