Factory and industrial building · Maspeth, Queens
58-3O 57th Street
Maspeth, NY 11378
58-3O 57th Street is a 1-floor factory and industrial building in Maspeth, Queens, built in 1930, with about 40,000 square feet of industrial and storage space according to city records.
Also at 58-30 to 58-38 57th Street and 56-23 to 56-25 Grand Avenue.
- Industrial and storage space
- 40K SF
- Floors
- 1
- Year built
- 1930
- Zoning
- M3-1
The 50th 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 58-3O 57th Street compares
Next to the 6 nearest large industrial and storage buildings, all within a 3 minute walk, 58-3O 57th Street is the smallest by industrial and storage floor area. It went up in 1930; the median neighbor dates from 1953. Its estimated property tax, about $3.98 a square foot of floor area before abatements, is above the neighbors' median of $3.57.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 58-3O 57th Street | 40K SF | 1 | 1930 | $3.98 | n/a |
| 58-13 Grand Avenue | 52K SF | 1 | 1930 | $3.79 | n/a |
| 58-77 57th Street | 74K SF | 3 | 1951 | $2.71 | n/a |
| 58-30 Grand Avenue | 152K SF | 3 | 1953 | $2.60 | Mar 2022, $51.3M |
| 56-02 Maspeth Avenue | 135K SF | 3 | 1954 | $3.57 | Nov 2014, $20M (2 lots) |
| 55-04 Maspeth Avenue | 488K SF | 2 | 1954 | Exempt | n/a |
| 58-40 Grand Avenue | 44K SF | 1 | 1957 | $3.96 | Jul 2008, $2.4M (2 lots) |
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
- Other addresses
- 58-30 to 58-38 57th Street; 56-23 to 56-25 Grand Avenue
- ZIP code
- 11378
- Building type
- Factory and industrial building (city class F1)
- Total floor area
- 40,116 SF
- Commercial floor area
- 40,116 SF
- Industrial and storage
- 40,116 SF
- Height
- 1 floor
- Year built
- 1930
- Last major alteration
- 1975
- Lot area
- 56,750 SF
- Zoning district
- M3-1
- Built FAR
- 0.71
- Max commercial FAR
- 2
- Tax lot (BBL)
- 4026100412
Nearest subway
- Forest 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; addresses from the Property Address Directory (PAD) 26b; 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 RUBY REALTY as the owner of record. For tax year 2026/27 the city values 58-3O 57th Street at $3.58 million and assesses it at $1.61 million. After phase-ins and exemptions its taxable value is $1.47 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 $159,687 a year before abatements, roughly $3.98 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
- RUBY REALTY
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $3,585,000
- Land market value
- $748,000
- Assessed value
- $1,613,250
- Taxable value (phased in)
- $1,472,040
- Estimated yearly tax
- About $159,687
- Tax per SF of floor area
- About $3.98
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; 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.
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Questions about 58-3O 57th Street
How big is 58-3O 57th Street?
58-3O 57th Street has about 40,000 square feet of floor area in total, including 40,000 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 58-3O 57th Street built?
City records list 1930 as the year built, with a major alteration recorded in 1975. The building is 1 floor tall.
What other addresses does 58-3O 57th Street have?
City records list 58-30 to 58-38 57th Street and 56-23 to 56-25 Grand Avenue on the same tax lot (BBL 4026100412) as 58-3O 57th Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 58-3O 57th Street?
58-3O 57th 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 58-3O 57th Street, Maspeth, NY 11378.
What is the zoning at 58-3O 57th Street?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.71 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 58-3O 57th Street?
No subway within a short walk of 58-3O 57th 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 58-3O 57th Street is Forest Av (the M train), about 1.2 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 58-3O 57th Street?
The NYC Department of Finance's 2026/27 assessment roll lists RUBY REALTY as the owner of record of 58-3O 57th Street (BBL 4026100412). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What are the property taxes at 58-3O 57th Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $1.47 million for 58-3O 57th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $159,687 a year, roughly $3.98 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4026100412 show the actual bill.
What is the assessed value of 58-3O 57th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 58-3O 57th Street at $3.58 million ($748,000 of it land) and its assessed value at $1.61 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 20% from 2022/23 ($3 million) to 2026/27.
Is there industrial and storage space for lease at 58-3O 57th Street?
No space at 58-3O 57th 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