Warehouse · Maspeth, Queens
58-40 Borden Avenue
Maspeth, NY 11378
58-40 Borden Avenue is a 1-floor warehouse in Maspeth, Queens, built in 1952, with about 89,000 square feet of industrial and storage space according to city records.
Also at 54-57 58th Street.
- Industrial and storage space
- 89K SF
- Floors
- 1
- Year built
- 1952
- Zoning
- M1-1
The 15th largest of the 42 industrial and storage buildings we track in Maspeth. Compare it with 6 neighbors
No space at 58-40 Borden Avenue is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
How 58-40 Borden Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 4 minute walk, 58-40 Borden Avenue ranks 4th of 7 by industrial and storage floor area. It went up in 1952; the median neighbor dates from 1964. Its estimated property tax, about $5.00 a square foot of floor area before abatements, is below the neighbors' median of $5.40.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 58-40 Borden Avenue | 89K SF | 1 | 1952 | $5.00 | Oct 2017, $10.4M |
| 56-01 55th Avenue | 165K SF | 2 | 1961 | $5.32 | Jul 2008, $5.5M |
| 55-30 58th Street | 86K SF | 1 | 1950 | $4.76 | Nov 2016, $20.6M |
| 58-75 Long Island Expressway | 65K SF | 1 | 1967 | $5.82 | Nov 2013, $12.5M |
| 58-95 Maurice Avenue | 128K SF | 1 | 1988 | $5.47 | Dec 2023, $57M |
| 59-21 58th Road | 86K SF | 2 | 1967 | $4.37 | Sep 2014, $14.7M |
| 55-60 58th Street | 172K SF | 2 | 1957 | $6.06 | 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 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other address
- 54-57 58th Street
- ZIP code
- 11378
- Building type
- Warehouse (city class E1)
- Total floor area
- 102,250 SF
- Commercial floor area
- 102,250 SF
- Office
- 13,000 SF
- Industrial and storage
- 89,250 SF
- Height
- 1 floor
- Year built
- 1952
- Last major alteration
- 1995
- Lot area
- 234,700 SF
- Zoning district
- M1-1
- Built FAR
- 0.44
- Max commercial FAR
- 1
- Tax lot (BBL)
- 4026570023
Nearest subway
- 46 St-Bliss St
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 LIBERTY 58-40 BORDEN AVENUE LLC as the owner of record. For tax year 2026/27 the city values 58-40 Borden Avenue at $11.3 million and assesses it at $5.1 million. After phase-ins and exemptions its taxable value is $4.71 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 $511,318 a year before abatements, roughly $5.00 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
- LIBERTY 58-40 BORDEN AVENUE LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $11,325,000
- Land market value
- $3,521,000
- Assessed value
- $5,096,250
- Taxable value (phased in)
- $4,713,480
- Estimated yearly tax
- About $511,318
- Tax per SF of floor area
- About $5.00
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 2026-09-30; 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
58-40 Borden Avenue last sold in October 2017 for $10.4 million, according to the deed recorded with the city. COCA-COLA ENTERPRISES INC., COCA-COLA REFRESHMENTS USA, INC. and others sold it to LIBERTY 58-40 BORDEN AVENUE LLC. That comes to about $102 per square foot of floor area.
- Last sale (deed date)
- October 27, 2017
- Price
- $10,380,668
- Price per SF of floor area
- About $102
- Seller
- COCA-COLA ENTERPRISES INC., COCA-COLA REFRESHMENTS USA, INC. and others
- Buyer
- LIBERTY 58-40 BORDEN AVENUE LLC
- Deed recorded
- November 13, 2017
- ACRIS document
- 2017110300493002
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.
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Questions about 58-40 Borden Avenue
How big is 58-40 Borden Avenue?
58-40 Borden Avenue has about 102,000 square feet of floor area in total, including 13,000 square feet of office and 89,000 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 58-40 Borden Avenue built?
City records list 1952 as the year built, with a major alteration recorded in 1995. The building is 1 floor tall.
What other addresses does 58-40 Borden Avenue have?
City records list 54-57 58th Street on the same tax lot (BBL 4026570023) as 58-40 Borden Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 58-40 Borden Avenue?
58-40 Borden 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 58-40 Borden Avenue, Maspeth, NY 11378.
What is the zoning at 58-40 Borden Avenue?
The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.44 and a maximum commercial FAR of 1 for this lot.
What subway station is closest to 58-40 Borden Avenue?
The closest subway station to 58-40 Borden Avenue is 46 St-Bliss St (the 7 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 58-40 Borden Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists LIBERTY 58-40 BORDEN AVENUE LLC as the owner of record of 58-40 Borden Avenue (BBL 4026570023). 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 58-40 Borden Avenue last sold?
58-40 Borden Avenue last sold in October 2017 for $10.4 million, according to the deed recorded with the city. COCA-COLA ENTERPRISES INC., COCA-COLA REFRESHMENTS USA, INC. and others sold it to LIBERTY 58-40 BORDEN AVENUE LLC. That comes to about $102 per square foot of floor area. The deed is ACRIS document 2017110300493002 (BBL 4026570023) 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 58-40 Borden Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $4.71 million for 58-40 Borden Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $511,318 a year, roughly $5.00 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4026570023 show the actual bill.
What is the assessed value of 58-40 Borden Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 58-40 Borden Avenue at $11.3 million ($3.52 million of it land) and its assessed value at $5.1 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 16% from 2022/23 ($9.79 million) to 2026/27.
Is there industrial and storage space for lease at 58-40 Borden Avenue?
No space at 58-40 Borden 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.
Maspeth
Transit hubs in Maspeth
- Q58 and Q59 buses on Grand Av
- Long Island Expressway and Brooklyn-Queens Expressway