Warehouse · Maspeth, Queens
58-35 47th Street
Maspeth, NY 11378
58-35 47th Street is a 1-floor warehouse in Maspeth, Queens, built in 1966, with about 36,000 square feet of industrial and storage space according to city records.
- Industrial and storage space
- 36K SF
- Floors
- 1
- Year built
- 1966
- Zoning
- M3-1
The 57th largest of the 63 industrial and storage buildings we track in Maspeth. Compare it with 6 neighbors
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Compared with its neighbors
How 58-35 47th Street compares
Next to the 6 nearest large industrial and storage buildings, all within a 4 minute walk, 58-35 47th Street is the smallest by industrial and storage floor area. It went up in 1966; the median neighbor dates from 1967. Its property tax is fully exempt on the city's assessment roll.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 58-35 47th Street | 36K SF | 1 | 1966 | Exempt | Mar 2005, $3.1M |
| 57-48 49th Place | 49K SF | 1 | 1963 | $4.42 | n/a |
| 57-47 47th Street | 71K SF | 1 | 1960 | $4.56 | Jan 2019, $22.1M |
| 57-13 49th Place | 56K SF | 2 | 1972 | $4.61 | n/a |
| 57-10 49th Place | 81K SF | 2 | 1963 | $4.74 | n/a |
| 57-03 48th Street | 40K SF | 1 | 1986 | $5.45 | Jan 2010, $11M |
| 50-00 Grand Avenue | 74K SF | 1 | 1989 | $3.62 | 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
- ZIP code
- 11378
- Building type
- Warehouse (city class E1)
- Total floor area
- 37,575 SF
- Commercial floor area
- 37,575 SF
- Office
- 1,200 SF
- Industrial and storage
- 36,375 SF
- Height
- 1 floor
- Year built
- 1966
- Lot area
- 37,753 SF
- Zoning district
- M3-1
- Built FAR
- 1
- Max commercial FAR
- 2
- Tax lot (BBL)
- 4026020035
Nearest subway
- Seneca Av
Other ways around Maspeth
- Q58 and Q59 buses on Grand Av
- Long Island Expressway and Brooklyn-Queens Expressway
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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 NCNA REALTY, LLC as the owner of record. For tax year 2026/27 the city values 58-35 47th Street at $4.5 million and assesses it at $2.02 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
- NCNA REALTY, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $4,497,000
- Land market value
- $588,000
- Assessed value
- $2,023,650
- Exemptions
- $2,023,650
- Estimated yearly tax
- Fully exempt on the roll
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 2026-10-09. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.
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NYC property records (ACRIS)
Sales history
58-35 47th Street last sold in March 2005 for $3.1 million, according to the deed recorded with the city. N.M.S. WASTE PAPER REMOVAL INC. sold it to NCNA REALTY, LLC. That comes to about $83 per square foot of floor area.
- Last sale (deed date)
- March 3, 2005
- Price
- $3,100,000
- Price per SF of floor area
- About $83
- Seller
- N.M.S. WASTE PAPER REMOVAL INC.
- Buyer
- NCNA REALTY, LLC
- Deed recorded
- July 19, 2005
- ACRIS document
- 2005030801147003
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-09; 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.
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Questions about 58-35 47th Street
How big is 58-35 47th Street?
58-35 47th Street has about 38,000 square feet of floor area in total, including 1,000 square feet of office and 36,000 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 58-35 47th Street built?
City records list 1966 as the year built. The building is 1 floor tall.
What is the ZIP code of 58-35 47th Street?
58-35 47th Street 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 58-35 47th Street, Maspeth, NY 11378.
What is the zoning at 58-35 47th Street?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 58-35 47th Street?
No subway within a short walk of 58-35 47th Street: the nearest station is more than 1,600 meters away (about 20 minutes on foot before allowing for the street route). The closest subway station to 58-35 47th Street is Seneca Av (the M train), about 1.3 miles away in a straight line; the street route is longer. Other ways around Maspeth: Q58 and Q59 buses on Grand Av; Long Island Expressway and Brooklyn-Queens Expressway. These are neighborhood connections, not directions from the building.
Who owns 58-35 47th Street?
The NYC Department of Finance's 2026/27 assessment roll lists NCNA REALTY, LLC as the owner of record of 58-35 47th Street (BBL 4026020035). 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 58-35 47th Street last sold?
58-35 47th Street last sold in March 2005 for $3.1 million, according to the deed recorded with the city. N.M.S. WASTE PAPER REMOVAL INC. sold it to NCNA REALTY, LLC. That comes to about $83 per square foot of floor area. The deed is ACRIS document 2005030801147003 (BBL 4026020035) 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 are the property taxes at 58-35 47th Street?
The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 58-35 47th Street, 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 4026020035 show what is actually billed.
What is the assessed value of 58-35 47th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 58-35 47th Street at $4.5 million ($588,000 of it land) and its assessed value at $2.02 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 28% from 2022/23 ($3.5 million) to 2026/27.
Is there industrial and storage space for lease at 58-35 47th Street?
No space at 58-35 47th 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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Maspeth
Transit hubs in Maspeth
- Q58 and Q59 buses on Grand Av
- Long Island Expressway and Brooklyn-Queens Expressway