Factory and industrial building · Ridgewood, Queens
59-10 Decatur Street
Ridgewood, NY 11385
59-10 Decatur Street is a 5-floor factory and industrial building in Ridgewood, Queens, built in 1922, with about 216,000 square feet of industrial and storage space according to city records.
Also at 59-00 Decatur Street.
- Industrial and storage space
- 216K SF
- Floors
- 5
- Year built
- 1922
- Zoning
- M1-4D
The largest of the 6 industrial and storage buildings we track in Ridgewood. Compare it with 5 neighbors
No space at 59-10 Decatur Street 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 59-10 Decatur Street compares
Next to the 5 nearest large industrial and storage buildings, all within a 11 minute walk, 59-10 Decatur Street is the largest by industrial and storage floor area. Built in 1922, it is the oldest of them. Its estimated property tax, about $2.66 a square foot of floor area before abatements, is below the neighbors' median of $4.88.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 59-10 Decatur Street | 216K SF | 5 | 1922 | $2.66 | n/a |
| 976 Cypress Avenue | 109K SF | 4 | 2017 | $8.40 | n/a |
| 11-25 Wyckoff Avenue | 92K SF | 3 | 1930 | $4.88 | Dec 2010, $13.6M |
| 16-42 Weirfield Street | 51K SF | 2 | 1930 | $4.29 | n/a |
| 15-40 Covert Street | 101K SF | 3 | 1930 | $6.80 | May 2006, $19.9M (2 lots) |
| 10-19 Irving Avenue | 69K SF | 2 | 1928 | $4.44 | Nov 2013, $8M |
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
- 59-00 Decatur Street
- ZIP code
- 11385
- Building type
- Factory and industrial building (city class F9)
- Total floor area
- 216,400 SF
- Commercial floor area
- 216,400 SF
- Industrial and storage
- 216,400 SF
- Height
- 5 floors
- Year built
- 1922
- Last major alteration
- 1996
- Lot area
- 36,225 SF
- Zoning district
- M1-4D
- Built FAR
- 5.97
- Max commercial FAR
- 2
- Tax lot (BBL)
- 4035900085
Nearest subway
- Halsey St
- Fresh Pond Rd
- Forest Av
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 EC 5910 LLC as the owner of record. For tax year 2026/27 the city values 59-10 Decatur Street at $12.5 million and assesses it at $5.61 million. After phase-ins and exemptions its taxable value is $5.3 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 $575,287 a year before abatements, roughly $2.66 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
- EC 5910 LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $12,462,000
- Land market value
- $1,449,000
- Assessed value
- $5,607,900
- Taxable value (phased in)
- $5,303,160
- Estimated yearly tax
- About $575,287
- Tax per SF of floor area
- About $2.66
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 energy benchmarking (Local Law 84)
Energy use and emissions
59-10 Decatur Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 42.6 kBtu per square foot. Its greenhouse gas emissions were about 630 metric tons of CO2e (2.91 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Manufacturing/Industrial Plant
- Site energy use intensity
- 42.6 kBtu/SF
- Greenhouse gas emissions
- 630 t CO2e
- Emissions per SF
- 2.91 kg CO2e
- Floor area in the filing
- 216,400 SF
Energy sources in 2024
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.
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
Gross vs net leases in NYC: what tenants actually pay
Gross, modified gross or triple net: how NYC leases split taxes, operating costs and electricity, what the asking rent leaves out, and how to compare two spaces fairly.
How to read a New York commercial lease, clause by clause
Walk through a New York commercial lease clause by clause: rent start, escalations, deposit and guaranty, use, alterations, subletting, default and the end of the term.
Questions about 59-10 Decatur Street
How big is 59-10 Decatur Street?
59-10 Decatur Street has about 216,000 square feet of floor area in total, including 216,000 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 59-10 Decatur Street built?
City records list 1922 as the year built, with a major alteration recorded in 1996. The building is 5 floors tall.
What other addresses does 59-10 Decatur Street have?
City records list 59-00 Decatur Street on the same tax lot (BBL 4035900085) as 59-10 Decatur Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 59-10 Decatur Street?
59-10 Decatur Street is in ZIP code 11385, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 59-10 Decatur Street, Ridgewood, NY 11385.
What is the zoning at 59-10 Decatur Street?
The lot is in the M1-4D zoning district. PLUTO lists a built floor area ratio (FAR) of 5.97 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 59-10 Decatur Street?
The closest subway station to 59-10 Decatur Street is Halsey St (the L train), about 0.5 miles away in a straight line, roughly 10 minutes on foot. Also nearby: Fresh Pond Rd (the M train), 10 min walk; Forest Av (the M train), 10 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 59-10 Decatur Street?
The NYC Department of Finance's 2026/27 assessment roll lists EC 5910 LLC as the owner of record of 59-10 Decatur Street (BBL 4035900085). 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.
Does 59-10 Decatur Street have an energy grade?
59-10 Decatur Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 42.6 kBtu per square foot. Its greenhouse gas emissions were about 630 metric tons of CO2e (2.91 kg per square foot).
What are the property taxes at 59-10 Decatur Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.3 million for 59-10 Decatur Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $575,287 a year, roughly $2.66 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4035900085 show the actual bill.
What is the assessed value of 59-10 Decatur Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 59-10 Decatur Street at $12.5 million ($1.45 million of it land) and its assessed value at $5.61 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 10% from 2022/23 ($11.3 million) to 2026/27.
Is there industrial and storage space for lease at 59-10 Decatur Street?
No space at 59-10 Decatur 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.
Ridgewood
Transit hubs in Ridgewood
- M at Forest Av
- M at Seneca Av
- M at Fresh Pond Rd
- L at Halsey St