Factory and industrial building · Long Island City, Queens

49-33 31st Place

Long Island City, NY 11101

49-33 31st Place is a 2-floor factory and industrial building in Long Island City, Queens, built in 1962, with about 43,000 square feet of industrial and storage space according to city records.

Industrial and storage space
43K SF
Floors
2
Year built
1962
Zoning
M2-1

Industrial and storage space next to its nearest neighbors

  1. 49-47 31st Street1 min walk61K SF
  2. 49-20 Van Dam Street1 min walk52K SF
  3. 49-33 31st PlaceThis building43K SF

The 80th largest of the 102 industrial and storage buildings we track in Long Island City. Compare it with 6 neighbors

No space at 49-33 31st Place is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once. Nothing free right now? Get tenant alerts for Long Island City and hear the moment a tenant posts a requirement there.

Get an alert

Email me when space at 49-33 31st Place is listed

No account needed. One email to confirm, then only when a matching space is posted. Stop any time in one click. Privacy

Compared with its neighbors

How 49-33 31st Place compares

Next to the 6 nearest large industrial and storage buildings, all within a 3 minute walk, 49-33 31st Place ranks 5th of 7 by industrial and storage floor area. Built in 1962, it is the newest of them. Its estimated property tax, about $5.29 a square foot of floor area before abatements, is below the neighbors' median of $5.61.

49-33 31st Place and the 6 nearest large industrial and storage buildings: size, floors, year built, estimated property tax per square foot
BuildingIndustrial and storage spaceFloorsBuiltTax / SF
49-33 31st PlaceThis building43K SF21962$5.29
49-20 Van Dam Street1 min walk52K SF41932$7.24
49-47 31st Street1 min walk61K SF11931$6.63
31-10 48th Avenue2 min walk51K SF21955$5.63
48-05 Van Dam Street3 min walk38K SF11930$5.09
48-50 33rd Street3 min walk41K SF21956$3.94
49-49 30th Street3 min walk112K SF31953$5.58
The 80th largest of the 102 industrial and storage 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). 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

ZIP code
11101
Building type
Factory and industrial building (city class F1)
Total floor area
47,540 SF
Commercial floor area
47,540 SF
Office
4,700 SF
Industrial and storage
42,840 SF
Height
2 floors
Year built
1962
Lot area
50,000 SF
Zoning district
M2-1
Built FAR
0.95
Max commercial FAR
2
Tax lot (BBL)
4002880017

Nearest subway

  • 33 St-Rawson St9 min walk · Not accessible
  • 40 St-Lowery St14 min walk · Not accessible
  • Court Sq14 min walk · Accessible station · connects to Court Sq-23 St

Nearby large buildings

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; 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 storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered one storefront at 49-33 31st Place for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.

Storefronts registered for December 31, 2024
1
Vacant that day
0
Share vacant across Long Island City
7.5%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 2019None registered
  • 2020None registered
  • 20210 of 1
  • 20220 of 1
  • 20230 of 1
  • 20240 of 1

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 2024, pulled 2026-10-09. 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 2024 filing was due June 3, 2025, 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 B9 HUNTERS POINT OWNER LLC as the owner of record. For tax year 2026/27 the city values 49-33 31st Place at $5.82 million and assesses it at $2.62 million. After phase-ins and exemptions its taxable value is $2.32 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 $251,559 a year before abatements, roughly $5.29 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
B9 HUNTERS POINT OWNER LLC
Tax class
Class 4 (commercial and industrial)
City market value
$5,820,000
Land market value
$2,500,000
Assessed value
$2,619,000
Taxable value (phased in)
$2,318,940
Estimated yearly tax
About $251,559
Tax per SF of floor area
About $5.29

City market value by tax year

  • 2022/23$4.42 million
  • 2023/24$4.57 million
  • 2024/25$5.24 million
  • 2025/26$5.72 million
  • 2026/27$5.82 million

Market value rose 32% from 2022/23 ($4.42 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 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 49-33 31st Place? List a space here free and we match it against every active requirement.

NYC property records (ACRIS)

Sales history

49-33 31st Place last sold in June 2021 in a $20.6 million sale that covered 2 tax lots, this one among them, according to the deed recorded with the city. CONTEMPORARY CEILINGS, INC. sold it to B9 HUNTERS POINT OWNER LLC.

Last sale (deed date)
June 3, 2021
Combined price
$20,625,000 for 2 tax lots
Seller
CONTEMPORARY CEILINGS, INC.
Buyer
B9 HUNTERS POINT OWNER LLC
Deed recorded
June 11, 2021
ACRIS document
2021060400825003
All 45 building sales in Long Island City since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-09; 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; a price for several tax lots is the combined price, not this building's alone.

NYC energy benchmarking (Local Law 84)

Energy use and emissions

49-33 31st 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 169.7 kBtu per square foot, 37% below the national median of 269.6 for a similar property. Its greenhouse gas emissions were about 698 metric tons of CO2e (14.47 kg per square foot).

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Food Service
Site energy use intensity
169.7 kBtu/SF
National median for the type
269.6 kBtu/SF
Greenhouse gas emissions
698 t CO2e
Emissions per SF
14.47 kg CO2e
Floor area in the filing
48,214 SF

ENERGY STAR score by year

  • 20221 (D)
  • 20231 (D)

Energy sources in 2024

  • Electricity52%
  • Natural gas48%

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 2026-10-09; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 49-33 31st Place comes to about 569 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 569 tons for 2024 to 2029 (100% of the limit), so it would owe no penalty. From 2030 the limit drops to 374 tons and the same energy use counts as about 390 tons, about 16 tons over, or an estimated $4,300 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
569 t CO2e
Estimated emissions
569 t CO2e
Under the limit by
1 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
374 t CO2e
Estimated emissions
390 t CO2e
Over the limit by
16 t CO2e
Estimated penalty a year
$4,300

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Food Service 48,214 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.

Own or manage 49-33 31st Place? List a space here free and we match it against every active requirement.

What a requirement here looks like

No live requirements for industrial and storage space in Long Island City yet. These labeled examples show what tenants post. List a space in 49-33 31st Place and we match it against every new one automatically.

Want · Flex / Creative / Industrial

Content studio, flex space with freight

Posted by the tenant · Media

Where
Sunset Park, Garment District +1
Size
5,000 to 10,000 SF
Budget
to $45/SF
Move in
Nov 2026
Freight elevatorHigh ceilings
Owners: got a fit?I have a fit

Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

All guides

Questions about 49-33 31st Place

How big is 49-33 31st Place?

49-33 31st Place has about 48,000 square feet of floor area in total, including 5,000 square feet of office and 43,000 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 49-33 31st Place built?

City records list 1962 as the year built. The building is 2 floors tall.

What is the ZIP code of 49-33 31st Place?

49-33 31st 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 49-33 31st Place, Long Island City, NY 11101.

What is the zoning at 49-33 31st Place?

The lot is in the M2-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.95 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 49-33 31st Place?

The closest subway station to 49-33 31st Place is 33 St-Rawson St (the 7 train), about 0.5 miles away in a straight line, roughly 9 minutes on foot. Also nearby: 40 St-Lowery St (the 7 train), 14 min walk; Court Sq (the 7, G, E and F trains, connected to Court Sq-23 St), 14 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 49-33 31st Place?

The NYC Department of Finance's 2026/27 assessment roll lists B9 HUNTERS POINT OWNER LLC as the owner of record of 49-33 31st Place (BBL 4002880017). 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 49-33 31st Place last sold?

49-33 31st Place last sold in June 2021 in a $20.6 million sale that covered 2 tax lots, this one among them, according to the deed recorded with the city. CONTEMPORARY CEILINGS, INC. sold it to B9 HUNTERS POINT OWNER LLC. The deed is ACRIS document 2021060400825003 (BBL 4002880017) 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 49-33 31st Place have an energy grade?

49-33 31st 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 169.7 kBtu per square foot, 37% below the national median of 269.6 for a similar property. Its greenhouse gas emissions were about 698 metric tons of CO2e (14.47 kg per square foot).

Does 49-33 31st Place meet Local Law 97?

At its 2024 energy use, 49-33 31st Place comes to about 569 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 569 tons for 2024 to 2029 (100% of the limit), so it would owe no penalty. From 2030 the limit drops to 374 tons and the same energy use counts as about 390 tons, about 16 tons over, or an estimated $4,300 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.

What are the property taxes at 49-33 31st Place?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.32 million for 49-33 31st Place. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $251,559 a year, roughly $5.29 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4002880017 show the actual bill.

What is the assessed value of 49-33 31st Place?

For tax year 2026/27, the NYC Department of Finance puts the market value of 49-33 31st Place at $5.82 million ($2.5 million of it land) and its assessed value at $2.62 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 32% from 2022/23 ($4.42 million) to 2026/27.

Are there vacant storefronts at 49-33 31st Place?

Owners registered one storefront at 49-33 31st Place for December 31, 2024, the newest annual filing the city has published, and it was not 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 industrial and storage space for lease at 49-33 31st Place?

No space at 49-33 31st 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.

2,492 buildings from city records

Look up another building

Size, owner of record and property tax, plus the last sale and energy grade where the city has them, for every large office, retail and industrial building we track. Type any address on the lot (like 350 Fifth Avenue), a building name, a street or a neighborhood.