New York City  »  11385  »  Metropolitan Ave  »  4929 Metropolitan Ave

49-29 Metropolitan Avenue, Ridgewood, NY 11385 - Property report

Also known as: 49-29 Metropolitan Ave

Property image for 49-29 Metropolitan Avenue, Ridgewood, NY 11385
static Mapbox map

Property type

Factory - Light Manufacturing (F5)

Year built

1930

Lot sq. ft.

46,153

Sale price

$13,800,000

General information

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Address
Primary address
49-29 Metropolitan Avenue
ZIP code
11385
Neighborhood
Maspeth
Borough
Queens
Block & lot
02611-0454

Owner

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Building
Property type
Factory - Light Manufacturing (F5)
Building sq. ft.
51,209
Building dimensions
216 ft x 187 ft
Buildings on lot
1
Stories
1
Year built
1930
Last altered
2017
Building material
Sales
Sale date
12/15/2015
Sale price
$13,800,000
Tax
Tax year
2026-2027
Property tax
$303,196
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
233 ft x 329 ft
Lot sq. ft.
46,153

Area overview

Walk score
80 /100.  Very Walkable
Transit score
77 /100.  Excellent Transit
Bike score
69 /100.  Bikeable
School district
24
Community district
5
Closest police station
1.06 Miles
Closest fire station
0.52 Miles

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

Ownership information for 49-29 Metropolitan Avenue, Ridgewood, NY

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

Sales history for 49-29 Metropolitan Avenue, Ridgewood, NY 11385

Sale date Sale price Buyer name Seller name
12/15/2015 $13,800,000 XXXXX XXXXXX XXX, XXX XXXXXXXXXXXX XXX XXXXXX XXX
08/02/2011 $3,172,550 XXXXXXXXXXXX XXX XXXXXX, XXX XXXXX XXXXX XXXXXXXX XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/08/2022 - R UCC3 Termination
(2022080501061002)
XXXXX XXXXXX XXX XXX XXXXX XXXXXXX XXXXX XXXXXXX
08/08/2022 - R UCC3 Termination
(2022080501061001)
XXXXX XXXXXX XXX XXX XXXXX XXXXXXX XXXXX XXXXXXX
09/09/2022 - R
08/02/2022 - D
Termination of Assign of L&R
(2022080500926003)
XXXXX XXXXXX XXX XXX XXXXX XXXXXXX XXXXX XXXXXXX
09/09/2022 - R
08/02/2022 - D
Agreement
(2022080500926002)
XXXXX XXXXXX XXX XXX XXXX XXXX XXXX X X X )
09/09/2022 - R
08/02/2022 - D
Assignment, Mortgage
(2022080500926001)
XXXXX XXXXXXX XXXXX XXXXXXX XXXX XXXX XXXX X X X )
07/15/2020 - R UCC3 Continuation
(2020071500041001)
XXXXX XXXXXX XXX XXX XXXXX XXXXXXX XXXXX XXXXXXX
03/23/2018 - R
03/20/2018 - D
Zoning Lot Description
(2018032200138001)
XXXXX XXXXXX XXX XXX
03/23/2018 - R
03/13/2018 - D
Certificate
(2018032200138002)
XXXXX XXXXXXXX XXXX
03/03/2016 - R Initial UCC1
(2016022201229001)
XXXXX XXXXXX XXX XXX XXXXX XXXXXXX XXXXX XXXXXXX
01/07/2016 - R Initial UCC1
(2016010501350001)
XXXXX XXXXXX XXX XXX XXXXX XXXXXXX XXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 49-29 Metropolitan Avenue, Ridgewood, 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
$303,196
Municipal exemptions
Recent tax assessments
Market value
$6,211,000
Assessed value
$2,794,950

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 $7,391,000 $3,325,950 $2,757,120 10.848% $299,092 $299,092 +14.75%
2024/25 $7,127,000 $3,207,150 $2,421,930 10.762% $260,648 $260,648 +18.28%
2023/24 $6,026,000 $2,711,700 $2,080,500 10.592% $220,367 $220,367 -2.45%
2022/23 $6,424,000 $2,890,800 $2,121,990 10.646% $225,907 $225,907 -7.21%
2021/22 $5,344,000 $2,404,800 $2,263,590 10.755% $243,449 $243,449 -11.09%
2020/21 $6,717,000 $3,022,650 $2,560,440 10.694% $273,813 $273,813 +5.78%
2019/20 $6,553,000 $2,948,850 $2,456,550 10.537% $258,847 $258,847 +18.68%
2018/19 $6,487,000 $2,919,150 $2,074,410 10.514% $218,103 $218,103 +22.49%
2017/18 $6,320,000 $2,844,000 $1,693,466 10.514% $178,051 $178,051 +27.93%
2016/17 $5,592,000 $2,516,400 $1,316,183 10.574% $139,173 $139,173 +26.20%

Permit information for 49-29 Metropolitan Avenue, Ridgewood, NY

Filing date Job type Job status Job description Initial cost
07/24/2017 Alteration type 3
07/20/2017 Alteration type 1
10/17/2016 Alteration type 2
11/16/2012 Alteration type 2
08/24/2010 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
04/29/2021 Egrade-failure to post energy grade/score none
09/15/2017 Evcat1-elevator annual inspection / test
08/30/2017 E-elevator

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
5

Subway & traffic

Closest station
Jefferson St & Wyckoff Ave at NW Corner
Station lines
L
Distance (miles)
0.586

Access the detailed traffic volume map for 49-29 Metropolitan Avenue, Ridgewood, NY 11385 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

Frequently asked questions

What is the year built for 49-29 Metropolitan Avenue, Ridgewood, NY 11385?

The development at 49-29 Metropolitan Avenue, Ridgewood, NY 11385 was built in 1930.

What is the market value of 49-29 Metropolitan Avenue, Ridgewood, NY 11385?

The current market value of 49-29 Metropolitan Avenue, Ridgewood, NY 11385 is $6,211,000.

What is the total square footage of 49-29 Metropolitan Avenue, Ridgewood, NY 11385?

49-29 Metropolitan Avenue, Ridgewood, NY 11385 has a total of 51,209 square feet.

What is the price per square foot for this property?

$269 per square foot is the price for 49-29 Metropolitan Avenue, Ridgewood, NY 11385.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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