Warehouse · Maspeth, Queens

53-01 Grand Avenue

Maspeth, NY 11378

53-01 Grand Avenue is a 2-floor warehouse in Maspeth, Queens, built in 1930, with about 44,000 square feet of industrial and storage space according to city records.

Industrial and storage space
44K SF
Floors
2
Year built
1930
Zoning
M3-1

Industrial and storage space next to its nearest neighbors

  1. 53-06 Grand Avenue2 min walk121K SF
  2. 52-08 Grand Avenue2 min walk84K SF
  3. 53-01 Grand AvenueThis building44K SF

The 48th 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 53-01 Grand Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 3 minute walk, 53-01 Grand Avenue is the smallest by industrial and storage floor area. It went up in 1930; the median neighbor dates from 1944. Its estimated property tax, about $4.17 a square foot of floor area before abatements, is above the neighbors' median of $3.23.

53-01 Grand 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
53-01 Grand AvenueThis building44K SF21930$4.17Nov 2010, $4M
53-06 Grand Avenue2 min walk121K SF31935$2.50n/a
52-08 Grand Avenue2 min walk84K SF21935$2.55n/a
58-38 Page Place3 min walk88K SF11970$3.97Dec 2021, $45.8M
50-00 Grand Avenue3 min walk74K SF11989$3.62n/a
51-18 Grand Avenue3 min walk114K SF21930$3.23n/a
55-04 Maspeth Avenue3 min walk488K SF21954Exemptn/a
The 48th 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

ZIP code
11378
Building type
Warehouse (city class E1)
Total floor area
45,592 SF
Commercial floor area
45,592 SF
Industrial and storage
44,092 SF
Height
2 floors
Year built
1930
Last major alteration
1964
Lot area
43,400 SF
Zoning district
M3-1
Built FAR
1.05
Max commercial FAR
2
Tax lot (BBL)
4026100219

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).

  • Seneca Avabout 1.2 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

All 10 large industrial buildings on Grand Avenue

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 53-01 Grand Avenue 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 Maspeth
2.6%
Share vacant along Grand Avenue
3.2%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 20190 of 3
  • 20200 of 3
  • 20210 of 3
  • 20220 of 3
  • 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 5301 GRAND AVENUE CORP. as the owner of record. For tax year 2026/27 the city values 53-01 Grand Avenue at $3.99 million and assesses it at $1.8 million. After phase-ins and exemptions its taxable value is $1.75 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 $190,246 a year before abatements, roughly $4.17 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
5301 GRAND AVENUE CORP.
Tax class
Class 4 (commercial and industrial)
City market value
$3,989,000
Land market value
$868,000
Assessed value
$1,795,050
Taxable value (phased in)
$1,753,740
Estimated yearly tax
About $190,246
Tax per SF of floor area
About $4.17

City market value by tax year

  • 2022/23$3.73 million
  • 2023/24$3.77 million
  • 2024/25$3.99 million
  • 2025/26$4.01 million
  • 2026/27$3.99 million

Market value rose 7% from 2022/23 ($3.73 million) to 2026/27.

How Maspeth 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 53-01 Grand Avenue? List a space here free and we match it against every active requirement.

NYC property records (ACRIS)

Sales history

53-01 Grand Avenue last sold in November 2010 for $4.05 million, according to the deed recorded with the city. JANINE PAPER & BOX CORP. sold it to 5301 GRAND AVENUE CORP.. That comes to about $89 per square foot of floor area.

Last sale (deed date)
November 18, 2010
Price
$4,050,000
Price per SF of floor area
About $89
Seller
JANINE PAPER & BOX CORP.
Buyer
5301 GRAND AVENUE CORP.
Deed recorded
December 1, 2010
ACRIS document
2010113000374001
All 17 building sales in Maspeth 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.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

53-01 Grand Avenue reported an ENERGY STAR score of 34 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 87.4 kBtu per square foot, 29% above the national median of 67.5 for a similar property. Its greenhouse gas emissions were about 383 metric tons of CO2e (8.4 kg per square foot).

ENERGY STAR score (2024)
34 of 100
Grade this score earns (Local Law 33)
D (under 55)
Property type (Portfolio Manager)
Refrigerated Warehouse
Site energy use intensity
87.4 kBtu/SF
National median for the type
67.5 kBtu/SF
Greenhouse gas emissions
383 t CO2e
Emissions per SF
8.4 kg CO2e
Floor area in the filing
45,592 SF

ENERGY STAR score by year

  • 202250 (D)
  • 202348 (D)
  • 202434 (D)

Energy sources in 2024

  • Electricity69%
  • Natural gas31%

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. 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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 53-01 Grand Avenue comes to about 299 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 450 tons for 2024 to 2029 (66% of the limit), so it would owe no penalty. From 2030 the limit drops to 130 tons and the same energy use counts as about 182 tons, about 52 tons over, or an estimated $14,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
450 t CO2e
Estimated emissions
299 t CO2e
Under the limit by
151 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
130 t CO2e
Estimated emissions
182 t CO2e
Over the limit by
52 t CO2e
Estimated penalty a year
$14,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Refrigerated Warehouse 45,592 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 53-01 Grand Avenue? List a space here free and we match it against every active requirement.

NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 53-01 Grand Avenue in the 12 months to October 2026; the last one was first permitted in September 2024.

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
September 2024
Interior build-outs, last 24 months
0

New jobs by year

  • 20210
  • 20220
  • 20231
  • 20242
  • 20250
  • 2026 to date0

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.

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 53-01 Grand Avenue

How big is 53-01 Grand Avenue?

53-01 Grand Avenue has about 46,000 square feet of floor area in total, including 44,000 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 53-01 Grand Avenue built?

City records list 1930 as the year built, with a major alteration recorded in 1964. The building is 2 floors tall.

What is the ZIP code of 53-01 Grand Avenue?

53-01 Grand 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 53-01 Grand Avenue, Maspeth, NY 11378.

What is the zoning at 53-01 Grand Avenue?

The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.05 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 53-01 Grand Avenue?

No subway within a short walk of 53-01 Grand 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 53-01 Grand Avenue is Seneca Av (the M train), about 1.2 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 53-01 Grand Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists 5301 GRAND AVENUE CORP. as the owner of record of 53-01 Grand Avenue (BBL 4026100219). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

When was 53-01 Grand Avenue last sold?

53-01 Grand Avenue last sold in November 2010 for $4.05 million, according to the deed recorded with the city. JANINE PAPER & BOX CORP. sold it to 5301 GRAND AVENUE CORP.. That comes to about $89 per square foot of floor area. The deed is ACRIS document 2010113000374001 (BBL 4026100219) 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.

What is the energy grade of 53-01 Grand Avenue?

53-01 Grand Avenue reported an ENERGY STAR score of 34 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 34 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 87.4 kBtu per square foot, 29% above the national median of 67.5 for a similar property. Its greenhouse gas emissions were about 383 metric tons of CO2e (8.4 kg per square foot).

Does 53-01 Grand Avenue meet Local Law 97?

At its 2024 energy use, 53-01 Grand Avenue comes to about 299 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 450 tons for 2024 to 2029 (66% of the limit), so it would owe no penalty. From 2030 the limit drops to 130 tons and the same energy use counts as about 182 tons, about 52 tons over, or an estimated $14,000 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.

Is there construction at 53-01 Grand Avenue?

The Department of Buildings issued no permits for new jobs at 53-01 Grand Avenue in the 12 months to October 2026; the last one was first permitted in September 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 4026100219. 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 53-01 Grand Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $1.75 million for 53-01 Grand Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $190,246 a year, roughly $4.17 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4026100219 show the actual bill.

What is the assessed value of 53-01 Grand Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 53-01 Grand Avenue at $3.99 million ($868,000 of it land) and its assessed value at $1.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 7% from 2022/23 ($3.73 million) to 2026/27.

Are there vacant storefronts at 53-01 Grand Avenue?

Owners registered one storefront at 53-01 Grand Avenue 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 53-01 Grand Avenue?

No space at 53-01 Grand 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.

2,492 buildings from city records

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