53-01 74th Street

53-01 74th Street has about 54,000 square feet of floor area in total, including 54,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1996 as the year built. The building is 1 floor tall.

53-01 74th Street is in ZIP code 11373, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 53-01 74th Street, Elmhurst, NY 11373.

The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.56 and a maximum commercial FAR of 1 for this lot.

The closest subway station to 53-01 74th Street is Grand Av-Newtown (the M and R trains), about 0.7 miles away in a straight line, roughly 13 minutes on foot. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists SHOPS AT GRAND OWNER LLC as the owner of record of 53-01 74th Street (BBL 4024920094). 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.

53-01 74th Street last sold in May 2024 in a $48.3 million sale that covered 2 tax lots, this one among them, according to the deed recorded with the city. SHOPS AT GRAND AVENUE LLC sold it to SHOPS AT GRAND OWNER LLC. The deed is ACRIS document 2024051600927001 (BBL 4024920094) 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.

53-01 74th Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (a campus of several buildings cannot get a score), 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 187.9 kBtu per square foot, 13% below the national median of 214.8 for a similar property. Its greenhouse gas emissions were about 1,672 metric tons of CO2e (16.74 kg per square foot). The filing covers 2 tax lots together, so these figures are for the whole property.

At its 2024 energy use, 53-01 74th Street comes to about 1,340 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,807 tons for 2024 to 2029 (74% of the limit), so it would owe no penalty. From 2030 the limit drops to 418 tons and the same energy use counts as about 880 tons, about 462 tons over, or an estimated $124,000 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.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $7.47 million for 53-01 74th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $810,463 a year, roughly $14.97 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4024920094 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 53-01 74th Street at $16.8 million ($5.3 million of it land) and its assessed value at $7.55 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 4% from 2022/23 ($16.1 million) to 2026/27.

No space at 53-01 74th 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.