Queens  »  11378  »  43rd St  »  5459 43rd St

54-59 43rd Street, Maspeth, NY 11378 - Property report

Also known as: 54-59 43rd St

Property image for 54-59 43rd Street, Maspeth, NY 11378
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Property type

Factory - Industrial Semi-Fireproof (F4)

Year built

1957

Lot sq. ft.

15,400

Sale price

$7,300,000

General information

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Address
Primary address
54-59 43rd Street
ZIP code
11378
Neighborhood
Maspeth
Borough
Queens
Block & lot
02524-0004

Owner

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Building
Property type
Factory - Industrial Semi-Fireproof (F4)
Building sq. ft.
15,320
Building dimensions
140 ft x 111 ft
Buildings on lot
1
Stories
2
Year built
1957
Building material
Sales
Sale date
05/09/2022
Sale price
$7,300,000
Tax
Tax year
2026-2027
Property tax
$88,386
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
140 ft x 116 ft
Lot sq. ft.
15,400

Area overview

Walk score
33 /100.  Car-Dependent
Transit score
46 /100.  Some Transit
Bike score
48 /100.  Somewhat Bikeable
School district
24
Community district
2
Closest police station
1.46 Miles
Closest fire station
0.56 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 54-59 43rd Street, Maspeth, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 54-59 43rd Street, Maspeth, NY 11378

Sale date Sale price Buyer name Seller name
05/09/2022 $7,300,000 XXXXXXX XXX XXX. XXXX XXXXXXXXXX XXX.
04/29/2015 $2,900,000 XXXX XXXXXXXXXX, XXX XXXXXXXX XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/08/2022 - R Initial UCC1
(2022053101332004)		 XXXXXXX XXX XXX XXXXXXXXXX XXXX
06/08/2022 - R
05/09/2022 - D		 Assignment of Leases and Rents
(2022053101332003)		 XXXXXXX XXX XXX XXXXXXXXXX XXXX
06/08/2022 - R
05/09/2022 - D		 Mortgage
(2022053101332002)		 XXXXXXX XXX XXX XXXXXXXXXX XXXX
06/08/2022 - R
05/09/2022 - D		 Deed
(2022053101332001)		 XXXX XXXXXXXXXX XXX XXXXXXX XXX XXX
11/12/2019 - R UCC3 Termination
(2019110601249001)		 XXXX XXXXXXXXXX XXX XX XXXX X X
10/16/2019 - R UCC3 Termination
(2019101100535001)		 XXXX XXXXXXXXXX XXX XX XXXX X X
04/24/2017 - R Initial UCC1
(2017042400663001)		 XXXX XXXXXXXXXX XXX XX XXXX XX
11/18/2016 - R Initial UCC1
(2016111701304001)		 XXXX XXXXXXXXXX XXX XX XXXX X X
05/19/2015 - R
04/29/2015 - D		 Deed
(2015050100602002)		 XXXXXXXX XXXXXX XXXX XXXXXXXXXX XXX
03/18/2015 - R
03/02/2015 - D		 Satisfaction of Mortgage
(2015031100964001)		 XXXXXXXX XXXXXX XXXXXXXX XXXXX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 54-59 43rd Street, Maspeth, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$88,386
Municipal exemptions
Recent tax assessments
Market value
$2,050,000
Assessed value
$922,500

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $1,886,000 $848,700 $752,130 10.848% $81,591 $81,591 +3.70%
2024/25 $1,796,000 $808,200 $731,070 10.762% $78,678 $78,678 +6.98%
2023/24 $1,698,000 $764,100 $694,350 10.592% $73,546 $73,546 +23.31%
2022/23 $1,623,000 $730,350 $560,250 10.646% $69,935 $59,644 +11.69%
2021/22 $1,354,000 $609,300 $496,530 10.755% $65,530 $53,402 +9.46%
2020/21 $1,652,000 $743,400 $456,210 10.694% $62,570 $48,787 +21.33%
2019/20 $1,388,000 $624,600 $381,600 10.537% $55,487 $40,209 +17.84%
2018/19 $1,282,000 $576,900 $324,540 10.514% $51,060 $34,122 +8.48%
2017/18 $1,140,000 $513,000 $299,164 10.514% $48,392 $31,454 +5.66%
2016/17 $1,039,000 $467,550 $281,522 10.574% $46,803 $29,768 +6.41%
Permits

Permit information for 54-59 43rd Street, Maspeth, NY

Filing date Job type Job status Job description Initial cost
02/25/2022 Alteration CO
10/25/2021 Alteration
01/22/2002 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

Queens commercial market stats

Review a detailed real estate market overview of Queens and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Queens and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$458

1.2% Y-o-Y

Q1 2026 median price/sq. ft.

$434

-0.5% Y-o-Y

2025 median price/sq. ft.

$452

4.2% Y-o-Y

Check out recently sold homes in Queens and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
40th St & Queens Blvd at SE Corner
Station lines
7
Distance (miles)
0.907
View subway map

Access the detailed traffic volume map for 54-59 43rd Street, Maspeth, NY 11378 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 54-59 43rd Street, Maspeth, NY

43-24 54th Rd, Maspeth 43-14 54th Rd, Maspeth 43-06 54th Rd, Maspeth 54-01 43rd St, Maspeth 54-11 43rd St, Maspeth 55-01 43rd St, Maspeth 44-18 53rd Ave, Maspeth 53-02 46th St, Maspeth 54-09 43rd St, Maspeth 43-12 54th Rd, Maspeth 55-05 43rd St, Maspeth 43-22 55th Ave, Maspeth 43-16 54th Rd, Maspeth 54-30 44th St, Maspeth 55-15 43rd St, Maspeth 53-11 44th St, Maspeth 53-04 - 53-06 46th St, Maspeth 54-60 44th St, Maspeth 44-22 53rd Ave, Maspeth 43-20 54th Rd, Maspeth

Nearby ZIP codes for 54-59 43rd Street, Maspeth, NY

10044, New York City, NY 11101, New York City, NY 11102, New York City, NY 11103, New York City, NY 11104, New York City, NY 11105, New York City, NY 11106, New York City, NY 11109, New York City, NY 11206, New York City, NY 11211, New York City, NY 11221, New York City, NY 11222, New York City, NY 11233, New York City, NY 11237, New York City, NY 11372, New York City, NY 11373, New York City, NY 11374, New York City, NY 11377, New York City, NY 11379, New York City, NY 11385, New York City, NY

Frequently asked questions

What is the year built for 54-59 43rd Street, Maspeth, NY 11378?

The development at 54-59 43rd Street, Maspeth, NY 11378 was built in 1957.

What is the market value of 54-59 43rd Street, Maspeth, NY 11378?

The current market value of 54-59 43rd Street, Maspeth, NY 11378 is $2,050,000.

What is the total square footage of 54-59 43rd Street, Maspeth, NY 11378?

54-59 43rd Street, Maspeth, NY 11378 has a total of 15,320 square feet.

What is the price per square foot for this property?

$476 per square foot is the price for 54-59 43rd Street, Maspeth, NY 11378.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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