Warehouse · Maspeth, Queens

57-10 49th Place

Maspeth, NY 11378

57-10 49th Place is a 2-floor warehouse in Maspeth, Queens, built in 1963, with about 81,000 square feet of industrial and storage space according to city records.

Also at 57-10 to 57-20 49th Place, 57-30 49th Place and 57-22 49th Street.

Industrial and storage space
81K SF
Floors
2
Year built
1963
Zoning
M3-1

The 23rd 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 57-10 49th Place compares

Next to the 6 nearest large industrial and storage buildings, all within a 3 minute walk, 57-10 49th Place ranks 2nd of 7 by industrial and storage floor area. It went up in 1963; the median neighbor dates from 1963. Its estimated property tax, about $4.74 a square foot of floor area before abatements, is close to the neighbors' median of $4.59.

57-10 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
57-10 49th PlaceThis building81K SF21963$4.74n/a
57-00 49th Place1 min walk59K SF21964$6.66Dec 2017, $23M
57-13 49th Place2 min walk56K SF21972$4.61n/a
57-47 47th Street2 min walk71K SF11960$4.56Jan 2019, $22.1M
56-45 48th Street2 min walk56K SF11963Exemptn/a
57-01 49th Place2 min walk64K SF11930Exemptn/a
58-38 Page Place3 min walk88K SF11970$3.97Dec 2021, $45.8M
The 23rd 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 addresses
57-10 to 57-20 49th Place; 57-30 49th Place; 57-22 49th Street
ZIP code
11378
Building type
Warehouse (city class E1)
Total floor area
87,810 SF
Commercial floor area
87,810 SF
Office
7,000 SF
Industrial and storage
80,810 SF
Height
2 floors
Year built
1963
Last major alteration
1995
Lot area
90,000 SF
Zoning district
M3-1
Built FAR
0.98
Max commercial FAR
2
Tax lot (BBL)
4026020200

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 MASPETH REALTY ASSOCIATES LP as the owner of record. For tax year 2026/27 the city values 57-10 49th Place at $9.45 million and assesses it at $4.25 million. After phase-ins and exemptions its taxable value is $3.84 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 $416,547 a year before abatements, roughly $4.74 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
MASPETH REALTY ASSOCIATES LP
Tax class
Class 4 (commercial and industrial)
City market value
$9,453,000
Land market value
$1,110,000
Assessed value
$4,253,850
Taxable value (phased in)
$3,839,850
Estimated yearly tax
About $416,547
Tax per SF of floor area
About $4.74

City market value by tax year

  • 2022/23$7.3 million
  • 2023/24$7.64 million
  • 2024/25$9.12 million
  • 2025/26$9.16 million
  • 2026/27$9.45 million

Market value rose 29% from 2022/23 ($7.3 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; 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 score, grade and emissions

57-10 49th Place reported an ENERGY STAR score of 24 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 55 kBtu per square foot, 56% above the national median of 35.2 for a similar property. Its greenhouse gas emissions were about 467 metric tons of CO2e (5.32 kg per square foot).

ENERGY STAR score (2024)
24 of 100
Grade this score earns (Local Law 33)
D (under 55)
Property type (Portfolio Manager)
Non-Refrigerated Warehouse
Site energy use intensity
55 kBtu/SF
National median for the type
35.2 kBtu/SF
Greenhouse gas emissions
467 t CO2e
Emissions per SF
5.32 kg CO2e
Floor area in the filing
87,810 SF

ENERGY STAR score by year

  • 202225 (D)
  • 202330 (D)
  • 202424 (D)

Energy sources in 2024

  • Electricity70%
  • Natural gas30%

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 57-10 49th Place

How big is 57-10 49th Place?

57-10 49th Place has about 88,000 square feet of floor area in total, including 7,000 square feet of office and 81,000 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 57-10 49th Place built?

City records list 1963 as the year built, with a major alteration recorded in 1995. The building is 2 floors tall.

What other addresses does 57-10 49th Place have?

City records list 57-10 to 57-20 49th Place, 57-30 49th Place and 57-22 49th Street on the same tax lot (BBL 4026020200) as 57-10 49th Place. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 57-10 49th Place?

57-10 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 57-10 49th Place, Maspeth, NY 11378.

What is the zoning at 57-10 49th Place?

The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.98 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 57-10 49th Place?

The closest subway station to 57-10 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 57-10 49th Place?

The NYC Department of Finance's 2026/27 assessment roll lists MASPETH REALTY ASSOCIATES LP as the owner of record of 57-10 49th Place (BBL 4026020200). 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 57-10 49th Place?

57-10 49th Place reported an ENERGY STAR score of 24 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 24 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 55 kBtu per square foot, 56% above the national median of 35.2 for a similar property. Its greenhouse gas emissions were about 467 metric tons of CO2e (5.32 kg per square foot).

What are the property taxes at 57-10 49th Place?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.84 million for 57-10 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 $416,547 a year, roughly $4.74 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4026020200 show the actual bill.

What is the assessed value of 57-10 49th Place?

For tax year 2026/27, the NYC Department of Finance puts the market value of 57-10 49th Place at $9.45 million ($1.11 million of it land) and its assessed value at $4.25 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 29% from 2022/23 ($7.3 million) to 2026/27.

Is there industrial and storage space for lease at 57-10 49th Place?

No space at 57-10 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.