Factory and industrial building · Maspeth, Queens

52-01 Flushing Avenue

Maspeth, NY 11378

52-01 Flushing Avenue is a 2-floor factory and industrial building in Maspeth, Queens, built in 1943, with about 157,000 square feet of industrial and storage space according to city records.

Industrial and storage space: 157K SF
Floors: 2
Year built: 1943
Zoning: M3-1

Industrial and storage space next to its nearest neighbors

52-01 Flushing AvenueThis building157K SF
52-07 Flushing Avenue1 min walk100K SF
52-15 Flushing Avenue1 min walk60K SF
48-25A Metropolitan Avenue1 min walk39K SF

The 8th largest of the 70 industrial and storage buildings we track in Maspeth. Compare it with 6 neighbors

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Compared with its neighbors

How 52-01 Flushing Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 2 minute walk, 52-01 Flushing Avenue is the largest by industrial and storage floor area. It went up in 1943; the median neighbor dates from 1932. Its estimated property tax, about $2.36 a square foot of floor area before abatements, is below the neighbors' median of $4.38.

52-01 Flushing 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
52-01 Flushing AvenueThis building	157K SF	2	1943	$2.36	n/a
52-07 Flushing Avenue1 min walk	100K SF	2	1945	$4.08	n/a
52-15 Flushing Avenue1 min walk	60K SF	1	1963	$3.59	Mar 2007, $10.1M (2 lots)
48-25A Metropolitan Avenue1 min walk	39K SF	3	1930	Exempt	n/a
52-19 Flushing Avenue2 min walk	45K SF	1	1930	$4.38	n/a
49-29 Metropolitan Avenue2 min walk	51K SF	1	1930	$5.92	Dec 2015, $13.8M
52-02 Grand Avenue2 min walk	80K SF	3	1935	$4.93	n/a

The 8th largest of the 70 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

ZIP code: 11378
Building type: Factory and industrial building (city class F1)
Total floor area: 157,000 SF
Commercial floor area: 157,000 SF
Industrial and storage: 157,000 SF
Height: 2 floors
Year built: 1943
Lot area: 160,983 SF
Zoning district: M3-1
Built FAR: 0.98
Max commercial FAR: 2
Tax lot (BBL): 4026110362

Nearest subway

Seneca Av19 min walk · Not accessible

Nearby large buildings

50-05 Metropolitan Avenue36K SF office · 4 floors · 2 min walk
48-05 Metropolitan Avenue126K SF industrial and storage · 2 floors · 2 min walk
51-18 Grand Avenue114K SF industrial and storage · 2 floors · 3 min walk
19-48 Troutman Street53K SF industrial and storage · 1 floor · 3 min walk
52-08 Grand Avenue84K SF industrial and storage · 2 floors · 4 min walk
53-06 Grand Avenue121K SF industrial and storage · 3 floors · 4 min walk
63-63 Woodward Avenue73K SF industrial and storage · 1 floor · 4 min walk
19-06 Flushing Avenue50K SF industrial and storage · 3 floors · 4 min walk

All 12 large industrial buildings on Flushing Avenue

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; 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 52-01 FLUSHING AVENUE COMPANY as the owner of record. For tax year 2026/27 the city values 52-01 Flushing Avenue at $8.09 million and assesses it at $3.64 million. After phase-ins and exemptions its taxable value is $3.42 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 $371,129 a year before abatements, roughly $2.36 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: 52-01 FLUSHING AVENUE COMPANY
Tax class: Class 4 (commercial and industrial)
City market value: $8,085,000
Land market value: $2,189,000
Assessed value: $3,638,250
Taxable value (phased in): $3,421,170
Estimated yearly tax: About $371,129
Tax per SF of floor area: About $2.36

City market value by tax year

2022/23$7.2 million
2023/24$7.53 million
2024/25$7.57 million
2025/26$7.62 million
2026/27$8.09 million

Market value rose 12% from 2022/23 ($7.2 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 How NYC commercial property tax works

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How to find who owns any NYC building

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 2026-10-16; 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.

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NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 52-01 Flushing Avenue in the 12 months to October 2026; the last one was first permitted in January 2023.

New jobs, last 12 months: 0
Initial permits, last 12 months: 0
Newest job first permitted: January 2023
Interior build-outs, last 24 months: 0

New jobs by year

20210
20221
20232
20240
20250
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 2026-10-24 (permits issued through 2026-10-22). 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.

No industrial and storage space listed in Maspeth yet

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Questions about 52-01 Flushing Avenue

How big is 52-01 Flushing Avenue?

52-01 Flushing Avenue has about 157,000 square feet of floor area in total, including 157,000 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 52-01 Flushing Avenue built?

City records list 1943 as the year built. The building is 2 floors tall.

What is the ZIP code of 52-01 Flushing Avenue?

52-01 Flushing 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 52-01 Flushing Avenue, Maspeth, NY 11378.

What is the zoning at 52-01 Flushing Avenue?

The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.98 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 52-01 Flushing Avenue?

The closest subway station to 52-01 Flushing Avenue is Seneca Av (the M train), about 0.9 miles away in a straight line, roughly 19 minutes on foot. Walking times are straight-line estimates; the street route is longer.

Who owns 52-01 Flushing Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists 52-01 FLUSHING AVENUE COMPANY as the owner of record of 52-01 Flushing Avenue (BBL 4026110362). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Is there construction at 52-01 Flushing Avenue?

The Department of Buildings issued no permits for new jobs at 52-01 Flushing Avenue in the 12 months to October 2026; the last one was first permitted in January 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 4026110362. 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 52-01 Flushing Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.42 million for 52-01 Flushing Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $371,129 a year, roughly $2.36 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4026110362 show the actual bill.

What is the assessed value of 52-01 Flushing Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 52-01 Flushing Avenue at $8.09 million ($2.19 million of it land) and its assessed value at $3.64 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 12% from 2022/23 ($7.2 million) to 2026/27.

Is there industrial and storage space for lease at 52-01 Flushing Avenue?

No space at 52-01 Flushing 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.

2,723 buildings from city records

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Maspeth

Transit hubs in Maspeth

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