Factory and industrial building · Long Island City, Queens
47-22 Pearson Place
Long Island City, NY 11101
47-22 Pearson Place is a 1-floor factory and industrial building in Long Island City, Queens, built in 1941, with about 51,000 square feet of industrial and storage space according to city records.
Also at 47-01 Davis Court.
- Industrial and storage space
- 51K SF
- Floors
- 1
- Year built
- 1941
- Zoning
- M1-4
The 66th 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 47-22 Pearson Place compares
Next to the 6 nearest large industrial and storage buildings, all within a 4 minute walk, 47-22 Pearson Place is the smallest by industrial and storage floor area. It went up in 1941; the median neighbor dates from 1920. Its property tax is fully exempt on the city's assessment roll.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 47-22 Pearson Place | 51K SF | 1 | 1941 | Exempt | Apr 2016, $18.5M |
| 47-15 Pearson Place | 88K SF | 4 | 1916 | $4.73 | n/a |
| 47-61 Pearson Place | 56K SF | 4 | 1916 | $4.45 | n/a |
| 47-07 Pearson Place | 60K SF | 4 | 1916 | Exempt | n/a |
| 27-11 49th Avenue | 162K SF | 3 | 1965 | $3.84 | Jun 2022, $106M |
| 4555 Pearson Street | 213K SF | 10 | 1924 | $5.75 | n/a |
| 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
- 47-01 Davis Court
- ZIP code
- 11101
- Building type
- Factory and industrial building (city class F5)
- Total floor area
- 75,965 SF
- Commercial floor area
- 75,965 SF
- Office
- 25,000 SF
- Industrial and storage
- 50,965 SF
- Height
- 1 floor
- Year built
- 1941
- Last major alteration
- 2016
- Lot area
- 60,000 SF
- Zoning district
- M1-4
- Built FAR
- 1.27
- Max commercial FAR
- 2
- Tax lot (BBL)
- 4000990010
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 PEARSON PLACE HOLDINGS, LLC as the owner of record. For tax year 2026/27 the city values 47-22 Pearson Place at $12.1 million and assesses it at $5.46 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
- PEARSON PLACE HOLDINGS, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $12,144,000
- Land market value
- $3,600,000
- Assessed value
- $5,464,800
- Exemptions
- $5,464,800
- 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 property records (ACRIS)
Sales history
47-22 Pearson Place last sold in April 2016 for $18.5 million, according to the deed recorded with the city. HRL CONSULTING GROUP, LLC and IBAR VENTURES, LLC sold it to PEARSON PLACE HOLDINGS, LLC. That comes to about $244 per square foot of floor area.
- Last sale (deed date)
- April 12, 2016
- Price
- $18,500,000
- Price per SF of floor area
- About $244
- Seller
- HRL CONSULTING GROUP, LLC and IBAR VENTURES, LLC
- Buyer
- PEARSON PLACE HOLDINGS, LLC
- Deed recorded
- April 26, 2016
- ACRIS document
- 2016041901470005
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 use and emissions
47-22 Pearson Place's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), 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 94 kBtu per square foot. Its greenhouse gas emissions were about 789 metric tons of CO2e (8.97 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Manufacturing/Industrial Plant
- Site energy use intensity
- 94 kBtu/SF
- Greenhouse gas emissions
- 789 t CO2e
- Emissions per SF
- 8.97 kg CO2e
- Floor area in the filing
- 87,957 SF
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.
No industrial and storage space listed in Long Island City yet
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Questions about 47-22 Pearson Place
How big is 47-22 Pearson Place?
47-22 Pearson Place has about 76,000 square feet of floor area in total, including 25,000 square feet of office and 51,000 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 47-22 Pearson Place built?
City records list 1941 as the year built, with a major alteration recorded in 2016. The building is 1 floor tall.
What other addresses does 47-22 Pearson Place have?
City records list 47-01 Davis Court on the same tax lot (BBL 4000990010) as 47-22 Pearson Place. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 47-22 Pearson Place?
47-22 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 47-22 Pearson Place, Long Island City, NY 11101.
What is the zoning at 47-22 Pearson Place?
The lot is in the M1-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.27 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 47-22 Pearson Place?
The closest subway station to 47-22 Pearson 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 6 minutes on foot. The MTA lists it as an accessible station. Also nearby: Hunters Point Av (the 7 train), 6 min walk; 21 St (the G train), 8 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 47-22 Pearson Place?
The NYC Department of Finance's 2026/27 assessment roll lists PEARSON PLACE HOLDINGS, LLC as the owner of record of 47-22 Pearson Place (BBL 4000990010). 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 47-22 Pearson Place last sold?
47-22 Pearson Place last sold in April 2016 for $18.5 million, according to the deed recorded with the city. HRL CONSULTING GROUP, LLC and IBAR VENTURES, LLC sold it to PEARSON PLACE HOLDINGS, LLC. That comes to about $244 per square foot of floor area. The deed is ACRIS document 2016041901470005 (BBL 4000990010) 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.
Does 47-22 Pearson Place have an energy grade?
47-22 Pearson Place's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), 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 94 kBtu per square foot. Its greenhouse gas emissions were about 789 metric tons of CO2e (8.97 kg per square foot).
What are the property taxes at 47-22 Pearson Place?
The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 47-22 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 4000990010 show what is actually billed.
What is the assessed value of 47-22 Pearson Place?
For tax year 2026/27, the NYC Department of Finance puts the market value of 47-22 Pearson Place at $12.1 million ($3.6 million of it land) and its assessed value at $5.46 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 18% from 2022/23 ($10.3 million) to 2026/27.
Is there industrial and storage space for lease at 47-22 Pearson Place?
No space at 47-22 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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