Warehouse · Maspeth, Queens
56-75 49th Place
Maspeth, NY 11378
56-75 49th Place is a 2-floor warehouse in Maspeth, Queens, built in 1967, with about 51,000 square feet of industrial and storage space according to city records.
Also at 56-75 49th Street.
- Industrial and storage space
- 51K SF
- Floors
- 2
- Year built
- 1967
- Zoning
- M3-1
The 41st largest of the 42 industrial and storage buildings we track in Maspeth. Compare it with 6 neighbors
No space at 56-75 49th 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.
Compared with its neighbors
How 56-75 49th Place compares
Next to the 6 nearest large industrial and storage buildings, all within a 4 minute walk, 56-75 49th Place is the smallest by industrial and storage floor area. Built in 1967, it is the newest of them. Its estimated property tax, about $4.80 a square foot of floor area before abatements, is close to the neighbors' median of $4.58.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 56-75 49th Place | 51K SF | 2 | 1967 | $4.80 | n/a |
| 500 49th Street | 144K SF | 4 | 1931 | $3.93 | n/a |
| 50-35 56th Road | 100K SF | 1 | 1954 | $4.34 | Dec 2021, $132M |
| 57-22 57th Avenue | 82K SF | 1 | 1930 | $7.29 | Apr 2011, $11.5M (2 lots) |
| 49-25 Maspeth Avenue | 51K SF | 2 | 1965 | $3.82 | n/a |
| 57-65 48th Street | 71K SF | 1 | 1963 | $5.44 | n/a |
| 46-05 56th Road | 293K SF | 1 | 1966 | $4.82 | 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 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other address
- 56-75 49th Street
- ZIP code
- 11378
- Building type
- Warehouse (city class E1)
- Total floor area
- 53,000 SF
- Commercial floor area
- 53,000 SF
- Office
- 2,500 SF
- Industrial and storage
- 50,500 SF
- Height
- 2 floors
- Year built
- 1967
- Last major alteration
- 2018
- Lot area
- 58,033 SF
- Zoning district
- M3-1
- Built FAR
- 0.91
- Max commercial FAR
- 2
- Tax lot (BBL)
- 4025750040
Nearest subway
- 46 St-Bliss St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-09-30. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists MARTOS REALTY LLC as the owner of record. For tax year 2026/27 the city values 56-75 49th Place at $5.68 million and assesses it at $2.56 million. After phase-ins and exemptions its taxable value is $2.35 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 $254,575 a year before abatements, roughly $4.80 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
- MARTOS REALTY LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $5,680,000
- Land market value
- $1,741,000
- Assessed value
- $2,556,000
- Taxable value (phased in)
- $2,399,400
- Exemptions
- $52,650
- Estimated yearly tax
- About $254,575
- Tax per SF of floor area
- About $4.80
City market value by tax year
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 2026-09-30; 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.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
56-75 49th 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 160 kBtu per square foot. Its greenhouse gas emissions were about 547 metric tons of CO2e (10.29 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Manufacturing/Industrial Plant
- Site energy use intensity
- 160 kBtu/SF
- Greenhouse gas emissions
- 547 t CO2e
- Emissions per SF
- 10.29 kg CO2e
- Floor area in the filing
- 53,143 SF
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 2026-09-30; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
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Questions about 56-75 49th Place
How big is 56-75 49th Place?
56-75 49th Place has about 53,000 square feet of floor area in total, including 3,000 square feet of office and 51,000 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 56-75 49th Place built?
City records list 1967 as the year built, with a major alteration recorded in 2018. The building is 2 floors tall.
What other addresses does 56-75 49th Place have?
City records list 56-75 49th Street on the same tax lot (BBL 4025750040) as 56-75 49th Place. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 56-75 49th Place?
56-75 49th Place 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 56-75 49th Place, Maspeth, NY 11378.
What is the zoning at 56-75 49th Place?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.91 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 56-75 49th Place?
The closest subway station to 56-75 49th Place is 46 St-Bliss St (the 7 train), about 1.2 miles away in a straight line, roughly 25 minutes on foot. Walking times are straight-line estimates; the street route is longer.
Who owns 56-75 49th Place?
The NYC Department of Finance's 2026/27 assessment roll lists MARTOS REALTY LLC as the owner of record of 56-75 49th Place (BBL 4025750040). 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.
Does 56-75 49th Place have an energy grade?
56-75 49th 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 160 kBtu per square foot. Its greenhouse gas emissions were about 547 metric tons of CO2e (10.29 kg per square foot).
What are the property taxes at 56-75 49th Place?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.35 million for 56-75 49th Place. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $254,575 a year, roughly $4.80 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4025750040 show the actual bill.
What is the assessed value of 56-75 49th Place?
For tax year 2026/27, the NYC Department of Finance puts the market value of 56-75 49th Place at $5.68 million ($1.74 million of it land) and its assessed value at $2.56 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 15% from 2022/23 ($4.94 million) to 2026/27.
Is there industrial and storage space for lease at 56-75 49th Place?
No space at 56-75 49th 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.
Maspeth
Transit hubs in Maspeth
- Q58 and Q59 buses on Grand Av
- Long Island Expressway and Brooklyn-Queens Expressway