Warehouse · Maspeth, Queens

49-25 Maspeth Avenue

Maspeth, NY 11378

49-25 Maspeth Avenue is a 2-floor warehouse in Maspeth, Queens, built in 1965, with about 51,000 square feet of industrial and storage space according to city records.

Also at 15 Railroad Place.

Industrial and storage space
51K SF
Floors
2
Year built
1965
Zoning
M3-1

The 40th largest of the 42 industrial and storage buildings we track in Maspeth. Compare it with 6 neighbors

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Compared with its neighbors

How 49-25 Maspeth Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 4 minute walk, 49-25 Maspeth Avenue ranks 6th of 7 by industrial and storage floor area. It went up in 1965; the median neighbor dates from 1958. Its estimated property tax, about $3.82 a square foot of floor area before abatements, is below the neighbors' median of $5.12.

49-25 Maspeth Avenue and the 6 nearest large industrial and storage buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingIndustrial and storage spaceFloorsBuiltTax / SFLast sale
49-25 Maspeth AvenueThis building51K SF21965$3.82n/a
55-04 Maspeth Avenue3 min walk488K SF21954Exemptn/a
57-01 49th Place3 min walk64K SF11930Exemptn/a
56-72 49th Place3 min walk82K SF11965$5.61Nov 2018, $16.9M
56-02 Maspeth Avenue3 min walk135K SF31954$3.57Nov 2014, $20M (2 lots)
57-65 48th Street4 min walk71K SF11963$5.44n/a
56-75 49th Place4 min walk51K SF21967$4.80n/a
The 40th largest of the 42 industrial and storage buildings we track in Maspeth: 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 50,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other address
15 Railroad Place
ZIP code
11378
Building type
Warehouse (city class E1)
Total floor area
55,120 SF
Commercial floor area
55,120 SF
Office
3,850 SF
Industrial and storage
51,270 SF
Height
2 floors
Year built
1965
Lot area
42,342 SF
Zoning district
M3-1
Built FAR
1.3
Max commercial FAR
2
Tax lot (BBL)
4025750170

Nearest subway

  • 46 St-Bliss St28 min walk · Not accessible

Nearby large buildings

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-09-30. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates.

NYC Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists PATRIOT (2010) LLC as the owner of record. For tax year 2026/27 the city values 49-25 Maspeth Avenue at $4.33 million and assesses it at $1.95 million. After phase-ins and exemptions its taxable value is $1.94 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 $210,723 a year before abatements, roughly $3.82 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
PATRIOT (2010) LLC
Tax class
Class 4 (commercial and industrial)
City market value
$4,335,000
Land market value
$742,000
Assessed value
$1,950,750
Taxable value (phased in)
$1,942,510
Estimated yearly tax
About $210,723
Tax per SF of floor area
About $3.82

City market value by tax year

  • 2022/23$4.27 million
  • 2023/24$4.47 million
  • 2024/25$4.59 million
  • 2025/26$4.24 million
  • 2026/27$4.33 million

Market value rose 1% from 2022/23 ($4.27 million) to 2026/27.

How Maspeth compares: property tax per SF across NYC neighborhoods

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 2026-09-30; 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.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

49-25 Maspeth Avenue reported an ENERGY STAR score of 93 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 10.8 kBtu per square foot, less than half the national median of 36.4 for a similar property. Its greenhouse gas emissions were about 40.2 metric tons of CO2e (0.73 kg per square foot).

ENERGY STAR score (2024)
93 of 100
Grade this score earns (Local Law 33)
A (85 or higher)
Property type (Portfolio Manager)
Non-Refrigerated Warehouse
Site energy use intensity
10.8 kBtu/SF
National median for the type
36.4 kBtu/SF
Greenhouse gas emissions
40.2 t CO2e
Emissions per SF
0.73 kg CO2e
Floor area in the filing
55,120 SF

ENERGY STAR score by year

  • 202287 (A)
  • 202397 (A)
  • 202493 (A)

Energy sources in 2024

  • Natural gas77%
  • Electricity23%

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 2026-09-30; 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.

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Questions about 49-25 Maspeth Avenue

How big is 49-25 Maspeth Avenue?

49-25 Maspeth Avenue has about 55,000 square feet of floor area in total, including 4,000 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 49-25 Maspeth Avenue built?

City records list 1965 as the year built. The building is 2 floors tall.

What other addresses does 49-25 Maspeth Avenue have?

City records list 15 Railroad Place on the same tax lot (BBL 4025750170) as 49-25 Maspeth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 49-25 Maspeth Avenue?

49-25 Maspeth 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 49-25 Maspeth Avenue, Maspeth, NY 11378.

What is the zoning at 49-25 Maspeth Avenue?

The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.3 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 49-25 Maspeth Avenue?

The closest subway station to 49-25 Maspeth Avenue is 46 St-Bliss St (the 7 train), about 1.4 miles away in a straight line, roughly 28 minutes on foot. Walking times are straight-line estimates; the street route is longer.

Who owns 49-25 Maspeth Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists PATRIOT (2010) LLC as the owner of record of 49-25 Maspeth Avenue (BBL 4025750170). 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.

What is the energy grade of 49-25 Maspeth Avenue?

49-25 Maspeth Avenue reported an ENERGY STAR score of 93 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 93 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 10.8 kBtu per square foot, less than half the national median of 36.4 for a similar property. Its greenhouse gas emissions were about 40.2 metric tons of CO2e (0.73 kg per square foot).

What are the property taxes at 49-25 Maspeth Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $1.94 million for 49-25 Maspeth Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $210,723 a year, roughly $3.82 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4025750170 show the actual bill.

What is the assessed value of 49-25 Maspeth Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 49-25 Maspeth Avenue at $4.33 million ($742,000 of it land) and its assessed value at $1.95 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 1% from 2022/23 ($4.27 million) to 2026/27.

Is there industrial and storage space for lease at 49-25 Maspeth Avenue?

No space at 49-25 Maspeth 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.