Warehouse · Long Island City, Queens
53-01R 11th Street
Long Island City, NY 11101
53-01R 11th Street is a 3-floor warehouse in Long Island City, Queens, built in 1954, with about 72,000 square feet of industrial and storage space according to city records.
Also at 53-01 11th Street and 53-01 11th Street (rear).
- Industrial and storage space
- 72K SF
- Floors
- 3
- Year built
- 1954
- Zoning
- M3-2
The 49th largest of the 102 industrial and storage buildings we track in Long Island City. Compare it with 6 neighbors
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Compared with its neighbors
How 53-01R 11th Street compares
Next to the 6 nearest large industrial and storage buildings, all within a 10 minute walk, 53-01R 11th Street ranks 3rd of 7 by industrial and storage floor area. It went up in 1954; the median neighbor dates from 1961. Its estimated property tax, about $6.28 a square foot of floor area before abatements, is above the neighbors' median of $4.61.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 53-01R 11th Street | 72K SF | 3 | 1954 | $6.28 | n/a |
| 11-40 Borden Avenue | 36K SF | 2 | 1960 | $7.54 | Jun 2025, $16M |
| 11-58 Borden Avenue | 137K SF | 7 | 1916 | $5.52 | Jul 2013, $16.5M |
| 21-07 Borden Avenue | 54K SF | 6 | 1907 | $2.91 | n/a |
| 23-30 Borden Avenue | 54K SF | 5 | 2022 | $10.26 | n/a |
| 2-39 54th Avenue | 50K SF | 1 | 1962 | $3.70 | Oct 2005, $6M |
| 28-90 Review Avenue | 655K SF | 6 | 2024 | $0.92 | n/a |
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 addresses
- 53-01 11th Street; 53-01 11th Street (rear)
- ZIP code
- 11101
- Building type
- Warehouse (city class E1)
- Total floor area
- 90,000 SF
- Commercial floor area
- 90,000 SF
- Office
- 18,000 SF
- Industrial and storage
- 72,000 SF
- Height
- 3 floors
- Average floor
- About 30,000 SF (floor area divided by floors)
- Year built
- 1954
- Lot area
- 121,700 SF
- Zoning district
- M3-2
- Built FAR
- 0.74
- Max commercial FAR
- 2
- Tax lot (BBL)
- 4000650057
Nearest subway
- Hunters Point Av
- Vernon Blvd-Jackson Av
- 21 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; 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 PROFOODS RESTAURANT SUPPLY LLC as the owner of record. For tax year 2026/27 the city values 53-01R 11th Street at $12.4 million and assesses it at $5.6 million. After phase-ins and exemptions its taxable value is $5.21 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 $565,045 a year before abatements, roughly $6.28 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
- PROFOODS RESTAURANT SUPPLY LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $12,437,000
- Land market value
- $5,862,000
- Assessed value
- $5,596,650
- Taxable value (phased in)
- $5,208,750
- Estimated yearly tax
- About $565,045
- Tax per SF of floor area
- About $6.28
City market value by tax year
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How to find who owns any NYC buildingSource: 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.
Own or manage 53-01R 11th Street? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
53-01R 11th Street reported an ENERGY STAR score of 85 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns an A (85 or higher). Its site energy use came to 53.3 kBtu per square foot, less than half the national median of 121.1 for a similar property. Its greenhouse gas emissions were about 478 metric tons of CO2e (5.31 kg per square foot).
- ENERGY STAR score (2024)
- 85 of 100
- Grade this score earns (Local Law 33)
- A (85 or higher)
- Property type (Portfolio Manager)
- Distribution Center
- Site energy use intensity
- 53.3 kBtu/SF
- National median for the type
- 121.1 kBtu/SF
- Greenhouse gas emissions
- 478 t CO2e
- Emissions per SF
- 5.31 kg CO2e
- Floor area in the filing
- 90,000 SF
ENERGY STAR score by year
Energy sources in 2024
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 2026-10-16; 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, 53-01R 11th Street comes to about 369 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 517 tons for 2024 to 2029 (71% of the limit), so it would owe no penalty. From 2030 the limit drops to 89 tons and the same energy use counts as about 217 tons, about 127 tons over, or an estimated $34,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 517 t CO2e
- Estimated emissions
- 369 t CO2e
- Under the limit by
- 148 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 89 t CO2e
- Estimated emissions
- 217 t CO2e
- Over the limit by
- 127 t CO2e
- Estimated penalty a year
- $34,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Distribution Center 90,000 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.
How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.
Own or manage 53-01R 11th Street? 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 53-01R 11th Street in the 12 months to October 2026; the last one was first permitted in December 2024.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- December 2024
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across Long Island CityWhere 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 Long Island City yet
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Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
What does $/SF/yr mean? How to calculate rent per square foot
$/SF/yr is a year's rent for one square foot. How to turn it into a monthly bill, spot a monthly quote, and see what the rate leaves out before you compare spaces.
Tenant rep broker or going direct? Leasing in NYC
Should you hire a tenant rep broker or deal with landlords directly? Who pays commissions in NYC, what a tenant rep does, and how to choose one.
Questions about 53-01R 11th Street
How big is 53-01R 11th Street?
53-01R 11th Street has about 90,000 square feet of floor area in total, including 18,000 square feet of office and 72,000 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 53-01R 11th Street built?
City records list 1954 as the year built. The building is 3 floors tall.
What other addresses does 53-01R 11th Street have?
City records list 53-01 11th Street and 53-01 11th Street (rear) on the same tax lot (BBL 4000650057) as 53-01R 11th Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 53-01R 11th Street?
53-01R 11th Street 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 53-01R 11th Street, Long Island City, NY 11101.
What is the zoning at 53-01R 11th Street?
The lot is in the M3-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.74 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 53-01R 11th Street?
The closest subway station to 53-01R 11th Street is Hunters Point Av (the 7 train), about 0.2 miles away in a straight line, roughly 4 minutes on foot. Also nearby: Vernon Blvd-Jackson Av (the 7 train), 5 min walk; 21 St (the G train), 6 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 53-01R 11th Street?
The NYC Department of Finance's 2026/27 assessment roll lists PROFOODS RESTAURANT SUPPLY LLC as the owner of record of 53-01R 11th Street (BBL 4000650057). 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.
What is the energy grade of 53-01R 11th Street?
53-01R 11th Street reported an ENERGY STAR score of 85 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 85 earns an A. 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 53.3 kBtu per square foot, less than half the national median of 121.1 for a similar property. Its greenhouse gas emissions were about 478 metric tons of CO2e (5.31 kg per square foot).
Does 53-01R 11th Street meet Local Law 97?
At its 2024 energy use, 53-01R 11th Street comes to about 369 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 517 tons for 2024 to 2029 (71% of the limit), so it would owe no penalty. From 2030 the limit drops to 89 tons and the same energy use counts as about 217 tons, about 127 tons over, or an estimated $34,000 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 53-01R 11th Street?
The Department of Buildings issued no permits for new jobs at 53-01R 11th Street in the 12 months to October 2026; the last one was first permitted in December 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 4000650057. 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 53-01R 11th Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.21 million for 53-01R 11th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $565,045 a year, roughly $6.28 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4000650057 show the actual bill.
What is the assessed value of 53-01R 11th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 53-01R 11th Street at $12.4 million ($5.86 million of it land) and its assessed value at $5.6 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 21% from 2022/23 ($10.3 million) to 2026/27.
Is there industrial and storage space for lease at 53-01R 11th Street?
No space at 53-01R 11th 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.
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