Warehouse · Maspeth, Queens
59-21 58th Road
Maspeth, NY 11378
59-21 58th Road is a 2-floor warehouse in Maspeth, Queens, built in 1967, with about 86,000 square feet of industrial and storage space according to city records.
Also at 59-21 Queens Midtown Expressway.
- Industrial and storage space
- 86K SF
- Floors
- 2
- Year built
- 1967
- Zoning
- M1-1
The 17th largest of the 42 industrial and storage buildings we track in Maspeth. Compare it with 6 neighbors
No space at 59-21 58th Road 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 59-21 58th Road compares
Next to the 6 nearest large industrial and storage buildings, all within a 6 minute walk, 59-21 58th Road ranks 4th of 7 by industrial and storage floor area. It went up in 1967; the median neighbor dates from 1961. Its estimated property tax, about $4.37 a square foot of floor area before abatements, is below the neighbors' median of $5.32.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 59-21 58th Road | 86K SF | 2 | 1967 | $4.37 | Sep 2014, $14.7M |
| 58-75 Long Island Expressway | 65K SF | 1 | 1967 | $5.82 | Nov 2013, $12.5M |
| 58-40 Borden Avenue | 89K SF | 1 | 1952 | $5.00 | Oct 2017, $10.4M |
| 58-95 Maurice Avenue | 128K SF | 1 | 1988 | $5.47 | Dec 2023, $57M |
| 58-80 59th Street | 82K SF | 2 | 1961 | Exempt | n/a |
| 55-30 58th Street | 86K SF | 1 | 1950 | $4.76 | Nov 2016, $20.6M |
| 56-01 55th Avenue | 165K SF | 2 | 1961 | $5.32 | Jul 2008, $5.5M |
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
- 59-21 Queens Midtown Expressway
- ZIP code
- 11378
- Building type
- Warehouse (city class E1)
- Total floor area
- 95,963 SF
- Commercial floor area
- 95,963 SF
- Office
- 9,900 SF
- Industrial and storage
- 86,063 SF
- Height
- 2 floors
- Year built
- 1967
- Last major alteration
- 2001
- Lot area
- 81,552 SF
- Zoning district
- M1-1
- Built FAR
- 1.18
- Max commercial FAR
- 1
- Tax lot (BBL)
- 4026560115
Nearest subway
- 52 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 ANJO MANUFACTURING COMPANY INC as the owner of record. For tax year 2026/27 the city values 59-21 58th Road at $9.59 million and assesses it at $4.31 million. After phase-ins and exemptions its taxable value is $3.87 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 $419,323 a year before abatements, roughly $4.37 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
- ANJO MANUFACTURING COMPANY INC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $9,585,000
- Land market value
- $2,447,000
- Assessed value
- $4,313,250
- Taxable value (phased in)
- $3,865,440
- Estimated yearly tax
- About $419,323
- Tax per SF of floor area
- About $4.37
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
59-21 58th Road last sold in September 2014 for $14.7 million, according to the deed recorded with the city. QME REALTY, LLC sold it to 59-21 QUEENS ANJO LLC, 59-21 QUEENS RFLP LLC and others. That comes to about $153 per square foot of floor area.
- Last sale (deed date)
- September 30, 2014
- Price
- $14,700,000
- Price per SF of floor area
- About $153
- Seller
- QME REALTY, LLC
- Buyer
- 59-21 QUEENS ANJO LLC, 59-21 QUEENS RFLP LLC and others
- Deed recorded
- October 16, 2014
- ACRIS document
- 2014100901154001
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.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
59-21 58th Road reported an ENERGY STAR score of 7 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 60.2 kBtu per square foot, 2.4 times the national median of 25.5 for a similar property. Its greenhouse gas emissions were about 497 metric tons of CO2e (5.46 kg per square foot).
- ENERGY STAR score (2024)
- 7 of 100
- Grade this score earns (Local Law 33)
- D (under 55)
- Property type (Portfolio Manager)
- Distribution Center
- Site energy use intensity
- 60.2 kBtu/SF
- National median for the type
- 25.5 kBtu/SF
- Greenhouse gas emissions
- 497 t CO2e
- Emissions per SF
- 5.46 kg CO2e
- Floor area in the filing
- 91,000 SF
ENERGY STAR score by year
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. 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.
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 59-21 58th Road
How big is 59-21 58th Road?
59-21 58th Road has about 96,000 square feet of floor area in total, including 10,000 square feet of office and 86,000 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 59-21 58th Road built?
City records list 1967 as the year built, with a major alteration recorded in 2001. The building is 2 floors tall.
What other addresses does 59-21 58th Road have?
City records list 59-21 Queens Midtown Expressway on the same tax lot (BBL 4026560115) as 59-21 58th Road. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 59-21 58th Road?
59-21 58th Road 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 59-21 58th Road, Maspeth, NY 11378.
What is the zoning at 59-21 58th Road?
The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.18 and a maximum commercial FAR of 1 for this lot.
What subway station is closest to 59-21 58th Road?
The closest subway station to 59-21 58th Road is 52 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 59-21 58th Road?
The NYC Department of Finance's 2026/27 assessment roll lists ANJO MANUFACTURING COMPANY INC as the owner of record of 59-21 58th Road (BBL 4026560115). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
When was 59-21 58th Road last sold?
59-21 58th Road last sold in September 2014 for $14.7 million, according to the deed recorded with the city. QME REALTY, LLC sold it to 59-21 QUEENS ANJO LLC, 59-21 QUEENS RFLP LLC and others. That comes to about $153 per square foot of floor area. The deed is ACRIS document 2014100901154001 (BBL 4026560115) 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 is the energy grade of 59-21 58th Road?
59-21 58th Road reported an ENERGY STAR score of 7 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 7 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 60.2 kBtu per square foot, 2.4 times the national median of 25.5 for a similar property. Its greenhouse gas emissions were about 497 metric tons of CO2e (5.46 kg per square foot).
What are the property taxes at 59-21 58th Road?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.87 million for 59-21 58th Road. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $419,323 a year, roughly $4.37 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4026560115 show the actual bill.
What is the assessed value of 59-21 58th Road?
For tax year 2026/27, the NYC Department of Finance puts the market value of 59-21 58th Road at $9.59 million ($2.45 million of it land) and its assessed value at $4.31 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 6% from 2022/23 ($9.02 million) to 2026/27.
Is there industrial and storage space for lease at 59-21 58th Road?
No space at 59-21 58th Road 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