Warehouse · Maspeth, Queens

58-50 52nd Avenue

Woodside, NY 11377

58-50 52nd Avenue is a 1-floor warehouse in Maspeth, Queens, built in 1960, with about 37,000 square feet of industrial and storage space according to city records.

Also at 58-38 to 58-50 52nd Avenue, 52-02 58th Lane and 52-01 58th Place.

Industrial and storage space
37K SF
Floors
1
Year built
1960
Zoning
M1-1

Industrial and storage space next to its nearest neighbors

  1. 59-21 58th Road9 min walk86K SF
  2. 58-75 Long Island Expressway8 min walk65K SF
  3. 58-50 52nd AvenueThis building37K SF

The 55th 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 58-50 52nd Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 12 minute walk, 58-50 52nd Avenue ranks 6th of 7 by industrial and storage floor area. It went up in 1960; the median neighbor dates from 1956. Its estimated property tax, about $4.07 a square foot of floor area before abatements, is below the neighbors' median of $5.16.

58-50 52nd 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
58-50 52nd AvenueThis building37K SF11960$4.07n/a
58-75 Long Island Expressway8 min walk65K SF11967$5.82Nov 2013, $12.5M
59-21 58th Road9 min walk86K SF21967$4.37Sep 2014, $14.7M
58-40 Borden Avenue10 min walk89K SF11952$5.00Oct 2017, $10.4M
59-41 Maurice Avenue11 min walk35K SF21948$7.21Mar 2018, $6.7M
56-01 55th Avenue11 min walk165K SF21961$5.32Jul 2008, $5.5M
55-30 58th Street12 min walk86K SF11950$4.76Nov 2016, $20.6M
The 55th largest of the 63 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 35,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other addresses
58-38 to 58-50 52nd Avenue; 52-02 58th Lane; 52-01 58th Place
ZIP code
11377
Building type
Warehouse (city class E1)
Total floor area
37,348 SF
Commercial floor area
37,348 SF
Industrial and storage
37,348 SF
Height
1 floor
Year built
1960
Last major alteration
1971
Lot area
37,800 SF
Zoning district
M1-1
Built FAR
0.99
Max commercial FAR
1
Tax lot (BBL)
4023490029

Nearest subway

  • 52 St14 min walk · Not accessible

Nearby large buildings

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 FALK WAREHOUSE, LLC as the owner of record. For tax year 2026/27 the city values 58-50 52nd Avenue at $3.29 million and assesses it at $1.48 million. After phase-ins and exemptions its taxable value is $1.4 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 $151,886 a year before abatements, roughly $4.07 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
FALK WAREHOUSE, LLC
Tax class
Class 4 (commercial and industrial)
City market value
$3,295,000
Land market value
$1,134,000
Assessed value
$1,482,750
Taxable value (phased in)
$1,400,130
Estimated yearly tax
About $151,886
Tax per SF of floor area
About $4.07

City market value by tax year

  • 2022/23$2.44 million
  • 2023/24$2.56 million
  • 2024/25$3.45 million
  • 2025/26$3.81 million
  • 2026/27$3.29 million

Market value rose 35% from 2022/23 ($2.44 million) to 2026/27.

How Maspeth compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of it

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.

Own or manage 58-50 52nd Avenue? List a space here free and we match it against every active requirement.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

58-50 52nd Avenue reported an ENERGY STAR score of 37 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 85.1 kBtu per square foot, 22% above the national median of 69.7 for a similar property. Its greenhouse gas emissions were about 202 metric tons of CO2e (5.41 kg per square foot).

ENERGY STAR score (2024)
37 of 100
Grade this score earns (Local Law 33)
D (under 55)
Property type (Portfolio Manager)
Non-Refrigerated Warehouse
Site energy use intensity
85.1 kBtu/SF
National median for the type
69.7 kBtu/SF
Greenhouse gas emissions
202 t CO2e
Emissions per SF
5.41 kg CO2e
Floor area in the filing
37,389 SF

ENERGY STAR score by year

  • 202214 (D)
  • 202372 (B)
  • 202437 (D)

Energy sources in 2024

  • Natural gas83%
  • Electricity17%

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 2026-10-09; 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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 58-50 52nd Avenue comes to about 186 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 186 tons for 2024 to 2029 (100% of the limit), so it would owe no penalty. From 2030 the limit drops to 48 tons and the same energy use counts as about 163 tons, about 116 tons over, or an estimated $31,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
186 t CO2e
Estimated emissions
186 t CO2e
Under the limit by
0 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
48 t CO2e
Estimated emissions
163 t CO2e
Over the limit by
116 t CO2e
Estimated penalty a year
$31,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 8,163 SF; Non-Refrigerated Warehouse 29,226 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.

Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.

Own or manage 58-50 52nd Avenue? List a space here free and we match it against every active requirement.

NYC Department of Buildings permits

Work permits and build-outs

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 58-50 52nd Avenue. In the last two years, interior work was permitted on one floor (floor 1 and the mezzanine). The newest build-out, on floor 1, the mezzanine and the roof, was first permitted in June 2026 (mechanical; filed cost estimate $67,000).

New jobs, last 12 months
1
Initial permits, last 12 months
1
Newest job first permitted
June 2026
Interior build-outs, last 24 months
1
Floors with interior work, last 24 months
1, mezzanine

Recent build-outs

  • Floor 1, mezzanine, roofJune 2026Mechanical; est. $67,000

New jobs by year

  • 20210
  • 20220
  • 20230
  • 20240
  • 20250
  • 2026 to date1

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-09 (permits issued through 2026-10-06). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

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Questions about 58-50 52nd Avenue

How big is 58-50 52nd Avenue?

58-50 52nd Avenue has about 37,000 square feet of floor area in total, including 37,000 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 58-50 52nd Avenue built?

City records list 1960 as the year built, with a major alteration recorded in 1971. The building is 1 floor tall.

What other addresses does 58-50 52nd Avenue have?

City records list 58-38 to 58-50 52nd Avenue, 52-02 58th Lane and 52-01 58th Place on the same tax lot (BBL 4023490029) as 58-50 52nd Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 58-50 52nd Avenue?

58-50 52nd Avenue is in ZIP code 11377, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 58-50 52nd Avenue, Woodside, NY 11377, in Maspeth.

What is the zoning at 58-50 52nd Avenue?

The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.99 and a maximum commercial FAR of 1 for this lot.

What subway station is closest to 58-50 52nd Avenue?

The closest subway station to 58-50 52nd Avenue is 52 St (the 7 train), about 0.7 miles away in a straight line, roughly 14 minutes on foot. Walking times are straight-line estimates; the street route is longer.

Who owns 58-50 52nd Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists FALK WAREHOUSE, LLC as the owner of record of 58-50 52nd Avenue (BBL 4023490029). 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 58-50 52nd Avenue?

58-50 52nd Avenue reported an ENERGY STAR score of 37 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 37 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 85.1 kBtu per square foot, 22% above the national median of 69.7 for a similar property. Its greenhouse gas emissions were about 202 metric tons of CO2e (5.41 kg per square foot).

Does 58-50 52nd Avenue meet Local Law 97?

At its 2024 energy use, 58-50 52nd Avenue comes to about 186 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 186 tons for 2024 to 2029 (100% of the limit), so it would owe no penalty. From 2030 the limit drops to 48 tons and the same energy use counts as about 163 tons, about 116 tons over, or an estimated $31,000 a year unless the building cuts its emissions. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.

Is there construction at 58-50 52nd Avenue?

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 58-50 52nd Avenue. In the last two years, interior work was permitted on one floor (floor 1 and the mezzanine). The newest build-out, on floor 1, the mezzanine and the roof, was first permitted in June 2026 (mechanical; filed cost estimate $67,000). These are the Department of Buildings' DOB NOW work permits for tax lot 4023490029. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

What are the property taxes at 58-50 52nd Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $1.4 million for 58-50 52nd Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $151,886 a year, roughly $4.07 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4023490029 show the actual bill.

What is the assessed value of 58-50 52nd Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 58-50 52nd Avenue at $3.29 million ($1.13 million of it land) and its assessed value at $1.48 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 35% from 2022/23 ($2.44 million) to 2026/27.

Is there industrial and storage space for lease at 58-50 52nd Avenue?

No space at 58-50 52nd 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.

2,492 buildings from city records

Look up another building

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