Warehouse · Maspeth, Queens

58-30 Grand Avenue

Maspeth, NY 11378

58-30 Grand Avenue is a 3-floor warehouse in Maspeth, Queens, built in 1953, with about 152,000 square feet of industrial and storage space according to city records.

Also at 58-53 Rust Street.

Industrial and storage space
152K SF
Floors
3
Year built
1953
Zoning
M3-1

The 8th 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 58-30 Grand Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 6 minute walk, 58-30 Grand Avenue ranks 3rd of 7 by industrial and storage floor area. It went up in 1953; the median neighbor dates from 1954. Its estimated property tax, about $2.60 a square foot of floor area before abatements, is below the neighbors' median of $3.57.

58-30 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
58-30 Grand AvenueThis building152K SF31953$2.60Mar 2022, $51.3M
58-13 Grand Avenue1 min walk52K SF11930$3.79n/a
58-77 57th Street1 min walk74K SF31951$2.71n/a
58-54 59th Street2 min walk60K SF21963$4.28Jul 2008, $2M (2 lots)
56-02 Maspeth Avenue5 min walk135K SF31954$3.57Nov 2014, $20M (2 lots)
58-51 Maspeth Avenue6 min walk188K SF31967$3.06n/a
55-04 Maspeth Avenue6 min walk488K SF21954Exemptn/a
The 8th 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
58-53 Rust Street
ZIP code
11378
Building type
Warehouse (city class E1)
Total floor area
151,500 SF
Commercial floor area
151,500 SF
Industrial and storage
151,500 SF
Height
3 floors
Year built
1953
Lot area
50,800 SF
Zoning district
M3-1
Built FAR
2.98
Max commercial FAR
2
Tax lot (BBL)
4026810001

Nearest subway

  • Forest Av22 min walk · Not accessible

Nearby large buildings

All 6 large industrial buildings on Grand Avenue

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 DIV GRAND MASPETH, LLC as the owner of record. For tax year 2026/27 the city values 58-30 Grand Avenue at $8.56 million and assesses it at $3.85 million. After phase-ins and exemptions its taxable value is $3.63 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 $394,140 a year before abatements, roughly $2.60 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
DIV GRAND MASPETH, LLC
Tax class
Class 4 (commercial and industrial)
City market value
$8,561,000
Land market value
$1,524,000
Assessed value
$3,852,450
Taxable value (phased in)
$3,633,300
Estimated yearly tax
About $394,140
Tax per SF of floor area
About $2.60

City market value by tax year

  • 2022/23$7.51 million
  • 2023/24$7.86 million
  • 2024/25$8.13 million
  • 2025/26$8.31 million
  • 2026/27$8.56 million

Market value rose 14% from 2022/23 ($7.51 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 property records (ACRIS)

Sales history

58-30 Grand Avenue last sold in March 2022 for $51.3 million, according to the deed recorded with the city. GRAND AVE OWNER LLC sold it to DIV GRAND MASPETH, LLC. That comes to about $338 per square foot of floor area.

Last sale (deed date)
March 24, 2022
Price
$51,250,000
Price per SF of floor area
About $338
Seller
GRAND AVE OWNER LLC
Buyer
DIV GRAND MASPETH, LLC
Deed recorded
May 13, 2022
ACRIS document
2022040100433001

Recorded sales

All 14 building sales in Maspeth since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-09-30; 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

58-30 Grand Avenue reported an ENERGY STAR score of 93 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 7.9 kBtu per square foot, less than half the national median of 27.2 for a similar property. Its greenhouse gas emissions were about 113 metric tons of CO2e (0.74 kg per square foot).

ENERGY STAR score (2024)
93 of 100
Grade this score earns (Local Law 33)
A (85 or higher)
Property type (Portfolio Manager)
Non-Refrigerated Warehouse
Site energy use intensity
7.9 kBtu/SF
National median for the type
27.2 kBtu/SF
Greenhouse gas emissions
113 t CO2e
Emissions per SF
0.74 kg CO2e
Floor area in the filing
151,500 SF

ENERGY STAR score by year

  • 202291 (A)
  • 202392 (A)
  • 202493 (A)

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 58-30 Grand Avenue

How big is 58-30 Grand Avenue?

58-30 Grand Avenue has about 152,000 square feet of floor area in total, including 152,000 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 58-30 Grand Avenue built?

City records list 1953 as the year built. The building is 3 floors tall.

What other addresses does 58-30 Grand Avenue have?

City records list 58-53 Rust Street on the same tax lot (BBL 4026810001) as 58-30 Grand Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 58-30 Grand Avenue?

58-30 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 58-30 Grand Avenue, Maspeth, NY 11378.

What is the zoning at 58-30 Grand Avenue?

The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 2.98 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 58-30 Grand Avenue?

The closest subway station to 58-30 Grand Avenue is Forest Av (the M train), about 1.1 miles away in a straight line, roughly 22 minutes on foot. Walking times are straight-line estimates; the street route is longer.

Who owns 58-30 Grand Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists DIV GRAND MASPETH, LLC as the owner of record of 58-30 Grand Avenue (BBL 4026810001). 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.

When was 58-30 Grand Avenue last sold?

58-30 Grand Avenue last sold in March 2022 for $51.3 million, according to the deed recorded with the city. GRAND AVE OWNER LLC sold it to DIV GRAND MASPETH, LLC. That comes to about $338 per square foot of floor area. The deed is ACRIS document 2022040100433001 (BBL 4026810001) 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 58-30 Grand Avenue?

58-30 Grand Avenue reported an ENERGY STAR score of 93 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 93 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 7.9 kBtu per square foot, less than half the national median of 27.2 for a similar property. Its greenhouse gas emissions were about 113 metric tons of CO2e (0.74 kg per square foot).

What are the property taxes at 58-30 Grand Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.63 million for 58-30 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 $394,140 a year, roughly $2.60 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4026810001 show the actual bill.

What is the assessed value of 58-30 Grand Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 58-30 Grand Avenue at $8.56 million ($1.52 million of it land) and its assessed value at $3.85 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 14% from 2022/23 ($7.51 million) to 2026/27.

Is there industrial and storage space for lease at 58-30 Grand Avenue?

No space at 58-30 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.