48-49 35th Street

48-49 35th Street has about 256,000 square feet of floor area in total, including 4,000 square feet of office and 252,000 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.

City records list 1949 as the year built. The building is 3 floors tall.

City records list 48-39 to 48-85 35th Street, 48-40 to 48-96 36th Street and 35-01 to 35-29 Hunters Point Avenue on the same tax lot (BBL 4002370001) as 48-49 35th Street. A space listed on Leasemark at any of these addresses shows up on this page.

48-49 35th Street 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 48-49 35th Street, Long Island City, NY 11101.

The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 2.48 and a maximum commercial FAR of 1 for this lot.

The closest subway station to 48-49 35th Street is 33 St-Rawson St (the 7 train), about 0.4 miles away in a straight line, roughly 8 minutes on foot. Also nearby: 40 St-Lowery St (the 7 train), 10 min walk; 46 St-Bliss St (the 7 train), 14 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists NC NORTH RIVER 35TH ST LLC as the owner of record of 48-49 35th Street (BBL 4002370001). 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.

48-49 35th Street last sold in March 2017 in a $55 million sale that covered 2 tax lots, this one among them, according to the deed recorded with the city. MATSIL BROS., INC. sold it to MRA 35TH STREET LIC OWNER LLC. The deed is ACRIS document 2017031300496001 (BBL 4002370001) 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.

48-49 35th Street reported an ENERGY STAR score of 91 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 91 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 30.1 kBtu per square foot, less than half the national median of 76.1 for a similar property. Its greenhouse gas emissions were about 615 metric tons of CO2e (2.34 kg per square foot).

The Department of Buildings issued no permits for new jobs at 48-49 35th Street in the 12 months to October 2026; the last one was first permitted in July 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 4002370001. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $8.79 million for 48-49 35th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $953,165 a year, roughly $3.72 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4002370001 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 48-49 35th Street at $19.7 million ($5.15 million of it land) and its assessed value at $8.87 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 26% from 2022/23 ($15.6 million) to 2026/27.

No space at 48-49 35th Street 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.