Warehouse · Maspeth, Queens

49-29 Maspeth Avenue

Maspeth, NY 11378

49-29 Maspeth Avenue is a 1-floor warehouse in Maspeth, Queens, built in 1941, with about 47,000 square feet of industrial and storage space according to city records.

Also at 49-27 to 49-29 Maspeth Avenue.

Industrial and storage space: 47K SF
Floors: 1
Year built: 1941
Zoning: M3-1

Industrial and storage space next to its nearest neighbors

49-25 Maspeth Avenue1 min walk51K SF
56-01 Maspeth Avenue2 min walk49K SF
49-29 Maspeth AvenueThis building47K SF

The 46th largest of the 63 industrial and storage buildings we track in Maspeth. Compare it with 6 neighbors

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Compared with its neighbors

How 49-29 Maspeth Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 3 minute walk, 49-29 Maspeth Avenue ranks 5th of 7 by industrial and storage floor area. It went up in 1941; the median neighbor dates from 1959. Its estimated property tax, about $5.41 a square foot of floor area before abatements, is above the neighbors' median of $4.33.

49-29 Maspeth Avenue and the 6 nearest large industrial and storage buildings: size, floors, year built, estimated property tax per square foot and last sale
Building	Industrial and storage space	Floors	Built	Tax / SF	Last sale
49-29 Maspeth AvenueThis building	47K SF	1	1941	$5.41	n/a
49-25 Maspeth Avenue1 min walk	51K SF	2	1965	$3.82	n/a
56-01 Maspeth Avenue2 min walk	49K SF	1	1930	$5.97	Aug 2014, $8M
57-27 49th Place3 min walk	36K SF	1	1970	$4.33	n/a
56-71 49th Place3 min walk	39K SF	1	1966	$5.12	Jan 2013, $7.7M
55-04 Maspeth Avenue3 min walk	488K SF	2	1954	Exempt	n/a
56-02 Maspeth Avenue3 min walk	135K SF	3	1954	$3.57	Nov 2014, $20M (2 lots)

The 46th largest of the 63 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 35,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other address: 49-27 to 49-29 Maspeth Avenue
ZIP code: 11378
Building type: Warehouse (city class E1)
Total floor area: 49,000 SF
Commercial floor area: 49,000 SF
Office: 1,850 SF
Industrial and storage: 47,150 SF
Height: 1 floor
Year built: 1941
Last major alteration: 2002
Lot area: 144,500 SF
Zoning district: M3-1
Built FAR: 0.34
Max commercial FAR: 2
Tax lot (BBL): 4025750160

Nearest subway

No subway within a short walk. The nearest station is more than 1,600 meters away (about a 20-minute walk before allowing for the street route).

46 St-Bliss Stabout 1.4 miles in a straight line · Not accessible

Other ways around Maspeth

Q58 and Q59 buses on Grand Av
Long Island Expressway and Brooklyn-Queens Expressway

Neighborhood connections, not directions from this building. Check the route for your trip.

Nearby large buildings

57-01 49th Place64K SF industrial and storage · 1 floor · 4 min walk
56-72 49th Place82K SF industrial and storage · 1 floor · 4 min walk
50-35 56th Road100K SF industrial and storage · 1 floor · 4 min walk
56-38 58th Street59K SF industrial and storage · 1 floor · 4 min walk
56-75 49th Place51K SF industrial and storage · 2 floors · 4 min walk
56-96 49th Place35K SF industrial and storage · 1 floor · 4 min walk
57-65 48th Street71K SF industrial and storage · 1 floor · 4 min walk
500 49th Street144K SF industrial and storage · 4 floors · 5 min walk

All 7 large industrial buildings on Maspeth Avenue

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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 VARIOUS SHAREHOLDERS OF CBS OUTDOOR AMER ICAS, INC as the owner of record. For tax year 2026/27 the city values 49-29 Maspeth Avenue at $5.65 million and assesses it at $2.54 million. After phase-ins and exemptions its taxable value is $2.45 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 $265,247 a year before abatements, roughly $5.41 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: VARIOUS SHAREHOLDERS OF CBS OUTDOOR AMER ICAS, INC
Tax class: Class 4 (commercial and industrial)
City market value: $5,646,000
Land market value: $2,122,000
Assessed value: $2,540,700
Taxable value (phased in): $2,445,120
Estimated yearly tax: About $265,247
Tax per SF of floor area: About $5.41

City market value by tax year

2022/23$5.15 million
2023/24$5.38 million
2024/25$5.44 million
2025/26$5.55 million
2026/27$5.65 million

Market value rose 10% from 2022/23 ($5.15 million) to 2026/27.

How Maspeth compares: property tax per SF across NYC neighborhoods Estimate this tax bill, or a tenant's share of it

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 2026-10-09; 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.

Own or manage 49-29 Maspeth Avenue? List a space here free and we match it against every active requirement.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

49-29 Maspeth Avenue reported an ENERGY STAR score of 30 out of 100 for 2023 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 81.5 kBtu per square foot, 32% above the national median of 61.9 for a similar property. Its greenhouse gas emissions were about 252 metric tons of CO2e (5.1 kg per square foot).

ENERGY STAR score (2023): 30 of 100
Grade this score earns (Local Law 33): D (under 55)
Property type (Portfolio Manager): Distribution Center
Site energy use intensity: 81.5 kBtu/SF
National median for the type: 61.9 kBtu/SF
Greenhouse gas emissions: 252 t CO2e
Emissions per SF: 5.1 kg CO2e
Floor area in the filing: 49,000 SF

ENERGY STAR score by year

202228 (D)
202330 (D)

Energy sources in 2023

Natural gas82%
Electricity18%

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 (2023 filing), pulled 2026-10-09; 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.

NYC Department of Buildings permits

Work permits and build-outs

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 49-29 Maspeth Avenue.

New jobs, last 12 months: 1
Initial permits, last 12 months: 1
Newest job first permitted: October 2025
Interior build-outs, last 24 months: 0
Facade and sidewalk jobs, last 24 months: 1

New jobs by year

20211
20220
20230
20241
20251
2026 to date0

Build-outs across Maspeth Where NYC offices are being built out

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-09 (permits issued through 2026-10-06). 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 49-29 Maspeth Avenue

How big is 49-29 Maspeth Avenue?

49-29 Maspeth Avenue has about 49,000 square feet of floor area in total, including 2,000 square feet of office and 47,000 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 49-29 Maspeth Avenue built?

City records list 1941 as the year built, with a major alteration recorded in 2002. The building is 1 floor tall.

What other addresses does 49-29 Maspeth Avenue have?

City records list 49-27 to 49-29 Maspeth Avenue on the same tax lot (BBL 4025750160) as 49-29 Maspeth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 49-29 Maspeth Avenue?

49-29 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 49-29 Maspeth Avenue, Maspeth, NY 11378.

What is the zoning at 49-29 Maspeth Avenue?

The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.34 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 49-29 Maspeth Avenue?

No subway within a short walk of 49-29 Maspeth 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 49-29 Maspeth Avenue is 46 St-Bliss St (the 7 train), about 1.4 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 49-29 Maspeth Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists VARIOUS SHAREHOLDERS OF CBS OUTDOOR AMER ICAS, INC as the owner of record of 49-29 Maspeth Avenue (BBL 4025750160). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

What is the energy grade of 49-29 Maspeth Avenue?

49-29 Maspeth Avenue reported an ENERGY STAR score of 30 for calendar year 2023 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 30 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 81.5 kBtu per square foot, 32% above the national median of 61.9 for a similar property. Its greenhouse gas emissions were about 252 metric tons of CO2e (5.1 kg per square foot).

Is there construction at 49-29 Maspeth Avenue?

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 49-29 Maspeth Avenue. These are the Department of Buildings' DOB NOW work permits for tax lot 4025750160. 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 49-29 Maspeth Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.45 million for 49-29 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 $265,247 a year, roughly $5.41 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4025750160 show the actual bill.

What is the assessed value of 49-29 Maspeth Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 49-29 Maspeth Avenue at $5.65 million ($2.12 million of it land) and its assessed value at $2.54 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 10% from 2022/23 ($5.15 million) to 2026/27.

Is there industrial and storage space for lease at 49-29 Maspeth Avenue?

No space at 49-29 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.

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Maspeth

Transit hubs in Maspeth

Q58 and Q59 buses on Grand Av
Long Island Expressway and Brooklyn-Queens Expressway