58-60 Grand Avenue

58-60 Grand Avenue has about 35,000 square feet of floor area in total, including 35,000 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.

City records list 1956 as the year built, with a major alteration recorded in 1990. The building is 1 floor tall.

City records list 58-66 Grand Avenue on the same tax lot (BBL 4026810035) as 58-60 Grand Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

58-60 Grand 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 58-60 Grand Avenue, Maspeth, NY 11378.

The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.95 and a maximum commercial FAR of 2 for this lot.

No subway within a short walk of 58-60 Grand Avenue: 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 58-60 Grand Avenue is Forest Av (the M train), about 1.1 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.

The NYC Department of Finance's 2026/27 assessment roll lists INDUSTRIAL REALTY CO. LLC as the owner of record of 58-60 Grand Avenue (BBL 4026810035). 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.

58-60 Grand Avenue last sold in July 2008 in a $1.98 million sale that covered 2 tax lots, this one among them, according to the deed recorded with the city. The buyer of record was AM-T HOLDINGS LLC, BM-T HOLDINGS I LLC and others. The deed is ACRIS document 2008072800112001 (BBL 4026810035) 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.

58-60 Grand Avenue reported an ENERGY STAR score of 13 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 13 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 80.4 kBtu per square foot, 99% above the national median of 40.4 for a similar property. Its greenhouse gas emissions were about 179 metric tons of CO2e (5.07 kg per square foot).

At its 2024 energy use, 58-60 Grand Avenue comes to about 165 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 150 tons for 2024 to 2029: about 15 tons over, an estimated penalty of $3,900 a year. From 2030 the limit drops to 31 tons and the same energy use counts as about 146 tons, about 115 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.

The Department of Buildings issued no permits for new jobs at 58-60 Grand Avenue in the 12 months to October 2026; the last one was first permitted in February 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 4026810035. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $1.06 million for 58-60 Grand Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $115,118 a year, roughly $3.28 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4026810035 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 58-60 Grand Avenue at $2.63 million ($647,000 of it land) and its assessed value at $1.18 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 25% from 2022/23 ($2.11 million) to 2026/27.

No space at 58-60 Grand 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.