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48-01 Metropolitan Avenue, Ridgewood, NY 11385 Property Information

48-01 Metropolitan Avenue, Ridgewood, NY 11385 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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48-01 Metropolitan Avenue, Ridgewood, NY 11385
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Address

Primary address 48-01 Metropolitan Avenue
Secondary address 48-01 A Metropolitan Ave
Neighborhood Maspeth
Zip code 11385
Borough Queens
Block & lot 02611-0458

Sales & Tax Overview for 48-01 Metropolitan Avenue, Ridgewood

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 05/31/2013
Purchase price $4,500,000
Tax class
Estimated property tax $113,594

Lot & Building Information for 48-01 Metropolitan Avenue, Ridgewood

Lot sqft 30,000
Lot dimensions 227 ft x 229 ft
Building class Fireproof Warehouse (E1) i
Building sqft 31,546
Building dimensions 227 ft x 229 ft
Buildings on lot 1
Stories 1
Year built 1931
Year last altered 1994
Construction type
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Zoning & Use for 48-01 Metropolitan Avenue, Ridgewood

Zoning
Commercial units 1
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 24
Community district 5
Closest police station 1.06 Miles
Closest fire station 0.47 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 48-01 Metropolitan Avenue, Ridgewood

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 48-01 Metropolitan Avenue, Ridgewood, NY 11385, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 48-01 Metropolitan Avenue, Ridgewood, NY 11385, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 48-01 A Metropolitan Ave, Ridgewood, NY 11385

About 48-01 Metropolitan Avenue, Ridgewood

How many sq. ft. does 48-01 Metropolitan Avenue, Ridgewood, NY 11385 have & what is the price per sq. ft?

This Fireproof Warehouse (E1) located at 48-01 Metropolitan Avenue, Ridgewood, NY 11385 has a total of 31,546 square feet and a current price per square foot of $142.

What is the year built & the current market value of 48-01 Metropolitan Avenue, Ridgewood, NY 11385?

48-01 Metropolitan Avenue, Ridgewood, NY 11385 was built in 1931 and has a current tax assessor's market value of $2,401,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 48-01 Metropolitan Avenue, Ridgewood

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Property owner name for 48-01 Metropolitan Avenue, Ridgewood, NY 11385
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Building contacts for 48-01 Metropolitan Avenue, Ridgewood, NY 11385
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 48-01 Metropolitan Avenue, Ridgewood

Create a free account to view the complete sales history for 48-01 Metropolitan Avenue, Ridgewood, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
05/31/2013 $4,500,000

Title Documents for 48-01 Metropolitan Avenue, Ridgewood

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
03/31/2016 - D
04/06/2016 - R
Agreement
(2016040500970002)
03/31/2016 - D
04/06/2016 - R
Mortgage
(2016040500970001)
05/31/2013 - D
06/25/2013 - R
Mortgage
(2013061100433003)
05/31/2013 - D
06/25/2013 - R
Deed
(2013061100433002)
05/31/2013 - D
06/25/2013 - R
Deed
(2013061100433001)
01/22/2002 - D
06/27/2013 - R
Termination of Assign of L&R
(2013061100579002)
01/22/2002 - D
06/27/2013 - R
Satisfaction of Mortgage
(2013061100579001)
08/15/1997 - R UCC3 Termination
(4690005723369)
11/25/1992 - R UCC3 Continuation
(4290004076029)
02/02/1988 - R Assignment, Mortgage
(4340002421934)
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R: Recorded date
D: Document date

Property Taxes for 48-01 Metropolitan Avenue, Ridgewood

Access detailed property tax data for 48-01 Metropolitan Avenue, Ridgewood, NY 11385. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $114,142
Estimated property tax: $113,594
Tax assessor's market value: $2,401,000
Assessed value: $1,080,450

Assessment History for 48-01 Metropolitan Avenue, Ridgewood

Here's the assessment & property tax history for 48-01 Metropolitan Avenue, Ridgewood, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $2,401,000 $1,080,450 $1,052,190 10.848% $114,142 $114,142 -1.18%
2024/25 $2,385,000 $1,073,250 $1,073,250 10.762% $115,503 $115,503 +1.99%
2023/24 $2,376,000 $1,069,200 $1,069,200 10.592% $113,250 $113,250 +0.04%
2022/23 $2,363,000 $1,063,350 $1,063,350 10.646% $113,204 $113,204 +7.99%
2021/22 $2,166,000 $974,700 $974,700 10.755% $104,829 $104,829 -16.46%

Permits for 48-01 Metropolitan Avenue, Ridgewood

The complete history of permits filed for 48-01 Metropolitan Avenue, Ridgewood, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
08/11/2021 Alteration
06/08/2016 Alteration type 2
09/22/1994 Alteration type 2
06/13/1994 Alteration type 2
06/13/1994 Alteration type 3
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Queens Commercial Market Stats

Access a detailed real estate market overview of Queens so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Queens and compare it to other boroughs in New York City.

Median Price/Sqft Q3/2025
$431
-0.5% YoY
Median Price/Sqft Q2/2025
$449
9.9% YoY
Median Price/Sqft 2024
$413
0.5% YoY

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

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 5 (See more on map)

Transportation

Distance to Subway
Closest station Jefferson St & Wyckoff Ave at NW Corner
Station lines L
Distance (miles) 0.538
View subway map
Bus Routes
Name Metropolitan Av/Churchill Furn
Line Q54
Distance (miles) 0.039

Neighbors for 48-01 Metropolitan Avenue, Ridgewood

Here are the neighbors for 48-01 Metropolitan Avenue, Ridgewood, NY 11385.

Address Square feet Purchase date Purchase price
46-55 Metropolitan Ave, Ridgewood 32,400 12/08/2014 $5,300,000
46-45 Metropolitan Ave, Ridgewood 26,000 12/22/2004 $1,900,000
58-89 57th St, Maspeth 7,200 09/04/2025 $3,200,000
52-07 Flushing Ave, Maspeth 100,000 12/18/2003
58-77 57th St, Maspeth 78,500 11/20/2001
49-29 Metropolitan Ave, Ridgewood 51,209 12/15/2015 $13,800,000
58-90 54th St, Maspeth 39,900 08/30/1995
58-97 57th St, Maspeth 30,000 05/10/2021 $12,650,000
59-30 54th St, Maspeth 31,887 06/25/1997
59-17 57th St, Maspeth 13,000 10/16/1991
51-05 Flushing Ave, Maspeth 68,246 08/02/2011 $6,500,000
52-01 Flushing Ave, Maspeth 157,000 08/30/2000
49-05 Metropolitan Ave, Ridgewood 15,000 09/24/1996
46-63 Metropolitan Ave, Ridgewood 1,080 12/21/2005 $32,000
52-15 Flushing Ave, Maspeth 64,920 03/14/2007 $10,100,000
59-02 54th St, Maspeth 11/28/2007 $399,000
53-10 Grand Ave, Maspeth 6,200 09/10/2020 $1,000,000
47-05 Metropolitan Ave, Ridgewood 147,781 12/31/2017
48-05 Metropolitan Ave, Ridgewood 269,506
53-14 Grand Ave, Maspeth 1,377 02/06/2017 $499,000
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