74-04 Grand Avenue

74-04 Grand Avenue has about 154,000 square feet of floor area in total, including 154,000 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 1952 as the year built, with a major alteration recorded in 1999. The building is 2 floors tall.

City records list 74-01 57th Avenue, 54-01 74th Street and 74-04 to 74-06 Grand Avenue on the same tax lot (BBL 4028050010) as 74-04 Grand Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

74-04 Grand Avenue is in ZIP code 11373, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 74-04 Grand Avenue, Elmhurst, NY 11373.

The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.67 and a maximum commercial FAR of 1 for this lot.

The closest subway station to 74-04 Grand Avenue is Grand Av-Newtown (the M and R trains), about 0.7 miles away in a straight line, roughly 15 minutes on foot. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists SHS MASPETH LLC as the owner of record of 74-04 Grand Avenue (BBL 4028050010). 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.

74-04 Grand Avenue'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 26.1 kBtu per square foot, 10% below the national median of 29 for a similar property. Its greenhouse gas emissions were about 300 metric tons of CO2e (1.94 kg per square foot).

At its 2024 energy use, 74-04 Grand Avenue comes to about 258 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 657 tons for 2024 to 2029 (39% of the limit), so it would owe no penalty. From 2030 the limit drops to 94 tons and the same energy use counts as about 199 tons, about 105 tons over, or an estimated $28,000 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 74-04 Grand Avenue in the 12 months to October 2026; the last one was first permitted in October 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 4028050010. 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 $9.51 million for 74-04 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 $1.03 million a year, roughly $6.68 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4028050010 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 74-04 Grand Avenue at $25.9 million ($5 million of it land) and its assessed value at $11.7 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 41% from 2022/23 ($18.4 million) to 2026/27.

No space at 74-04 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.