Warehouse · Maspeth, Queens

57-01 49th Place

Maspeth, NY 11378

57-01 49th Place is a 1-floor warehouse in Maspeth, Queens, built in 1930, with about 64,000 square feet of industrial and storage space according to city records.

Also at 57-01 to 57-03 49th Place.

Industrial and storage space
64K SF
Floors
1
Year built
1930
Zoning
M3-1

The 31st largest of the 42 industrial and storage buildings we track in Maspeth. Compare it with 6 neighbors

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Compared with its neighbors

How 57-01 49th Place compares

Next to the 6 nearest large industrial and storage buildings, all within a 3 minute walk, 57-01 49th Place ranks 4th of 7 by industrial and storage floor area. Built in 1930, it is the oldest of them. Its property tax is fully exempt on the city's assessment roll.

57-01 49th Place 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
57-01 49th PlaceThis building64K SF11930Exemptn/a
57-00 49th Place2 min walk59K SF21964$6.66Dec 2017, $23M
56-72 49th Place2 min walk82K SF11965$5.61Nov 2018, $16.9M
58-38 Page Place2 min walk88K SF11970$3.97Dec 2021, $45.8M
57-10 49th Place2 min walk81K SF21963$4.74n/a
57-13 49th Place2 min walk56K SF21972$4.61n/a
56-45 48th Street3 min walk56K SF11963Exemptn/a
The 31st largest of the 42 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 50,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other address
57-01 to 57-03 49th Place
ZIP code
11378
Building type
Warehouse (city class E1)
Total floor area
63,840 SF
Commercial floor area
63,840 SF
Industrial and storage
63,840 SF
Height
1 floor
Year built
1930
Lot area
81,820 SF
Zoning district
M3-1
Built FAR
0.78
Max commercial FAR
2
Tax lot (BBL)
4026030072

Nearest subway

  • Seneca Av28 min walk · Not accessible

Nearby large buildings

All 6 large industrial buildings on 49th Place

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 56-12 REALTY LLC as the owner of record. For tax year 2026/27 the city values 57-01 49th Place at $7.96 million and assesses it at $3.58 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.

Owner of record
56-12 REALTY LLC
Tax class
Class 4 (commercial and industrial)
City market value
$7,965,000
Land market value
$2,046,000
Assessed value
$3,584,250
Exemptions
$3,584,250
Estimated yearly tax
Fully exempt on the roll

City market value by tax year

  • 2022/23$6.86 million
  • 2023/24$7.17 million
  • 2024/25$7.41 million
  • 2025/26$7.71 million
  • 2026/27$7.96 million

Market value rose 16% from 2022/23 ($6.86 million) to 2026/27.

How Maspeth compares: property tax per SF across NYC neighborhoods

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. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

57-01 49th Place reported an ENERGY STAR score of 40 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 36.7 kBtu per square foot, 18% above the national median of 31.1 for a similar property. Its greenhouse gas emissions were about 218 metric tons of CO2e (3.42 kg per square foot).

ENERGY STAR score (2024)
40 of 100
Grade this score earns (Local Law 33)
D (under 55)
Property type (Portfolio Manager)
Non-Refrigerated Warehouse
Site energy use intensity
36.7 kBtu/SF
National median for the type
31.1 kBtu/SF
Greenhouse gas emissions
218 t CO2e
Emissions per SF
3.42 kg CO2e
Floor area in the filing
63,820 SF

ENERGY STAR score by year

  • 202341 (D)
  • 202440 (D)

Energy sources in 2024

  • Electricity64%
  • Natural gas36%

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 2026-09-30; 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.

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Questions about 57-01 49th Place

How big is 57-01 49th Place?

57-01 49th Place has about 64,000 square feet of floor area in total, including 64,000 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 57-01 49th Place built?

City records list 1930 as the year built. The building is 1 floor tall.

What other addresses does 57-01 49th Place have?

City records list 57-01 to 57-03 49th Place on the same tax lot (BBL 4026030072) as 57-01 49th Place. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 57-01 49th Place?

57-01 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 57-01 49th Place, Maspeth, NY 11378.

What is the zoning at 57-01 49th Place?

The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.78 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 57-01 49th Place?

The closest subway station to 57-01 49th Place is Seneca Av (the M train), about 1.4 miles away in a straight line, roughly 28 minutes on foot. Walking times are straight-line estimates; the street route is longer.

Who owns 57-01 49th Place?

The NYC Department of Finance's 2026/27 assessment roll lists 56-12 REALTY LLC as the owner of record of 57-01 49th Place (BBL 4026030072). 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 57-01 49th Place?

57-01 49th Place reported an ENERGY STAR score of 40 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 40 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 36.7 kBtu per square foot, 18% above the national median of 31.1 for a similar property. Its greenhouse gas emissions were about 218 metric tons of CO2e (3.42 kg per square foot).

What are the property taxes at 57-01 49th Place?

The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 57-01 49th Place, so there is no property tax on the roll to estimate. That is common for government, nonprofit and payment-in-lieu-of-taxes (PILOT) properties. The city's property tax records for BBL 4026030072 show what is actually billed.

What is the assessed value of 57-01 49th Place?

For tax year 2026/27, the NYC Department of Finance puts the market value of 57-01 49th Place at $7.96 million ($2.05 million of it land) and its assessed value at $3.58 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 16% from 2022/23 ($6.86 million) to 2026/27.

Is there industrial and storage space for lease at 57-01 49th Place?

No space at 57-01 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.