Factory and industrial building · Maspeth, Queens

58-51 Maspeth Avenue

Maspeth, NY 11378

58-51 Maspeth Avenue is a 3-floor factory and industrial building in Maspeth, Queens, built in 1967, with about 188,000 square feet of industrial and storage space according to city records.

Also at 58-58 56th Drive and 58-39 to 58-51 Maspeth Avenue.

Industrial and storage space
188K SF
Floors
3
Year built
1967
Zoning
M1-1D

The 5th 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 58-51 Maspeth Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 5 minute walk, 58-51 Maspeth Avenue is the largest by industrial and storage floor area. It went up in 1967; the median neighbor dates from 1962. Its estimated property tax, about $3.06 a square foot of floor area before abatements, is below the neighbors' median of $5.77.

58-51 Maspeth 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
58-51 Maspeth AvenueThis building188K SF31967$3.06n/a
58-55 56th Drive1 min walk61K SF11964Exemptn/a
58-80 59th Street2 min walk82K SF21961Exemptn/a
58-95 Maurice Avenue3 min walk128K SF11988$5.47Dec 2023, $57M
56-38 58th Street4 min walk59K SF11987$6.64n/a
55-60 58th Street5 min walk172K SF21957$6.06n/a
56-02 Maspeth Avenue5 min walk135K SF31954$3.57Nov 2014, $20M (2 lots)
The 5th 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 addresses
58-58 56th Drive; 58-39 to 58-51 Maspeth Avenue
ZIP code
11378
Building type
Factory and industrial building (city class F4)
Total floor area
195,100 SF
Commercial floor area
195,100 SF
Office
7,100 SF
Industrial and storage
188,000 SF
Height
3 floors
Year built
1967
Last major alteration
1995
Lot area
65,000 SF
Zoning district
M1-1D
Built FAR
3
Max commercial FAR
1
Tax lot (BBL)
4026690001

Nearest subway

  • Middle Village-Metropolitan Av27 min walk · Accessible station

Nearby large buildings

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 EE MASPETH LLC as the owner of record. For tax year 2026/27 the city values 58-51 Maspeth Avenue at $14 million and assesses it at $6.28 million. After phase-ins and exemptions its taxable value is $5.51 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 $597,693 a year before abatements, roughly $3.06 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
EE MASPETH LLC
Tax class
Class 4 (commercial and industrial)
City market value
$13,953,000
Land market value
$3,900,000
Assessed value
$6,278,850
Taxable value (phased in)
$5,509,710
Estimated yearly tax
About $597,693
Tax per SF of floor area
About $3.06

City market value by tax year

  • 2022/23$10.5 million
  • 2023/24$11 million
  • 2024/25$12.8 million
  • 2025/26$12.9 million
  • 2026/27$14 million

Market value rose 33% from 2022/23 ($10.5 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 energy benchmarking (Local Law 84)

Energy score, grade and emissions

58-51 Maspeth Avenue reported an ENERGY STAR score of 34 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 36.6 kBtu per square foot, 30% above the national median of 28.1 for a similar property. Its greenhouse gas emissions were about 728 metric tons of CO2e (3.73 kg per square foot).

ENERGY STAR score (2024)
34 of 100
Grade this score earns (Local Law 33)
D (under 55)
Property type (Portfolio Manager)
Non-Refrigerated Warehouse
Site energy use intensity
36.6 kBtu/SF
National median for the type
28.1 kBtu/SF
Greenhouse gas emissions
728 t CO2e
Emissions per SF
3.73 kg CO2e
Floor area in the filing
195,100 SF

ENERGY STAR score by year

  • 202241 (D)
  • 202335 (D)
  • 202434 (D)

Energy sources in 2024

  • Electricity79%
  • Natural gas21%

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 2026-09-30; 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 58-51 Maspeth Avenue

How big is 58-51 Maspeth Avenue?

58-51 Maspeth Avenue has about 195,000 square feet of floor area in total, including 7,000 square feet of office and 188,000 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 58-51 Maspeth Avenue built?

City records list 1967 as the year built, with a major alteration recorded in 1995. The building is 3 floors tall.

What other addresses does 58-51 Maspeth Avenue have?

City records list 58-58 56th Drive and 58-39 to 58-51 Maspeth Avenue on the same tax lot (BBL 4026690001) as 58-51 Maspeth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 58-51 Maspeth Avenue?

58-51 Maspeth 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 58-51 Maspeth Avenue, Maspeth, NY 11378.

What is the zoning at 58-51 Maspeth Avenue?

The lot is in the M1-1D zoning district. PLUTO lists a built floor area ratio (FAR) of 3 and a maximum commercial FAR of 1 for this lot.

What subway station is closest to 58-51 Maspeth Avenue?

The closest subway station to 58-51 Maspeth Avenue is Middle Village-Metropolitan Av (the M train), about 1.4 miles away in a straight line, roughly 27 minutes on foot. The MTA lists it as an accessible station. Walking times are straight-line estimates; the street route is longer.

Who owns 58-51 Maspeth Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists EE MASPETH LLC as the owner of record of 58-51 Maspeth Avenue (BBL 4026690001). 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 58-51 Maspeth Avenue?

58-51 Maspeth Avenue reported an ENERGY STAR score of 34 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 34 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 36.6 kBtu per square foot, 30% above the national median of 28.1 for a similar property. Its greenhouse gas emissions were about 728 metric tons of CO2e (3.73 kg per square foot).

What are the property taxes at 58-51 Maspeth Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.51 million for 58-51 Maspeth Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $597,693 a year, roughly $3.06 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4026690001 show the actual bill.

What is the assessed value of 58-51 Maspeth Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 58-51 Maspeth Avenue at $14 million ($3.9 million of it land) and its assessed value at $6.28 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 33% from 2022/23 ($10.5 million) to 2026/27.

Is there industrial and storage space for lease at 58-51 Maspeth Avenue?

No space at 58-51 Maspeth 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.