New York City  »  11385  »  Metropolitan Ave  »  5507 Metropolitan Ave

55-07 Metropolitan Avenue, Ridgewood, NY 11385 - Property report

Also known as: 55-07 Metropolitan Ave

Property image for 55-07 Metropolitan Avenue, Ridgewood, NY 11385
static Mapbox map

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1915

Lot sq. ft.

2,000

Sale price

$325,000

General information

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Address
Primary address
55-07 Metropolitan Avenue
ZIP code
11385
Neighborhood
Maspeth
Borough
Queens
Block & lot
02640-0008

Owner

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Building
Property type
Single or Multiple Dwelling with Stores or Offices (S9)
Building sq. ft.
2,840
Building dimensions
20 ft x 55 ft
Buildings on lot
1
Stories
2
Year built
1915
Building material
Sales
Sale date
08/12/2004
Sale price
$325,000
Tax
Tax year
2026-2027
Property tax
$5,204
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 100 ft
Lot sq. ft.
2,000

Area overview

Walk score
89 /100.  Very Walkable
Transit score
80 /100.  Excellent Transit
Bike score
56 /100.  Bikeable
School district
24
Community district
5
Closest police station
0.98 Miles
Closest fire station
0.09 Miles

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Ownership information for 55-07 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 55-07 Metropolitan Avenue, Ridgewood, NY 11385

Sale date Sale price Buyer name Seller name
08/12/2004 $325,000 XXXXXXX, XXXXX XXX XXXXXXX, XXXXX XXX XXXXXXX, XXXXXX XXXXX, XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/18/2020 - R
05/12/2020 - D
Satisfaction of Mortgage
(2020051200049001)
XXXXXXX XXXXX XXX XXXXXXXX XXXXXXX XXX
04/03/2008 - R
02/06/2008 - D
Deed
(2008040101747001)
XXXXXXX XXXXX XXXX XXXXXXXXXX XXX
11/13/2004 - R
08/12/2004 - D
Mortgage
(2004081800296002)
XXXXXXX XXXXX
11/13/2004 - R
08/12/2004 - D
Deed
(2004081800296001)
XXXXX XXXXXX XXXXXXX XXXXX
07/08/2004 - R
12/10/2003 - D
Deed
(2003123001407001)
XXXXXXX XXXXXXX XXXXX XXXXXX
01/17/1996 - R
12/05/1995 - D
Deed
(4690004994169)
XXXXXXX XXXXXXXXX (XXXXX) XXXXX XXXXX (XXXXXXX XXXX XX XXXXX XXXXX XXXXX)
09/29/1994 - R Release of Estate Tax Lien
(4470004467047)
XXXXXXX XXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 55-07 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
$5,204
Municipal exemptions
Recent tax assessments
Market value
$894,000
Assessed value
$402,300

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 $745,000 $335,250 $41,834 12.439% $5,204 $5,204 +2.70%
2024/25 $621,000 $279,450 $40,535 12.5% $5,067 $5,067 +7.98%
2023/24 $589,000 $265,050 $37,534 12.502% $4,693 $4,693 +10.07%
2022/23 $597,000 $268,650 $34,754 12.267% $4,263 $4,263 +8.29%
2021/22 $555,000 $249,750 $32,180 12.235% $3,937 $3,937 -0.27%
2020/21 $610,000 $274,500 $32,180 12.267% $3,948 $3,948 +1.50%
2019/20 $511,200 $230,040 $31,181 12.473% $3,889 $3,889 +6.81%
2018/19 $426,000 $191,700 $28,872 12.612% $3,641 $3,641 +7.09%
2017/18 $426,000 $191,700 $26,734 12.719% $3,400 $3,400 +6.55%
2016/17 $386,000 $173,700 $24,754 12.892% $3,191 $3,191 -28.80%

Permit information for 55-07 Metropolitan Avenue, Ridgewood, NY

Filing date Job type Job status Job description Initial cost
03/11/2011 Alteration type 2
05/20/2010 Alteration type 2
04/02/2008 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Forest Ave & Myrtle Ave at NW Corner
Station lines
M
Distance (miles)
0.676

Access the detailed traffic volume map for 55-07 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 55-07 Metropolitan Avenue, Ridgewood, NY 11385?

The development at 55-07 Metropolitan Avenue, Ridgewood, NY 11385 was built in 1915.

What is the market value of 55-07 Metropolitan Avenue, Ridgewood, NY 11385?

The current market value of 55-07 Metropolitan Avenue, Ridgewood, NY 11385 is $894,000.

What is the total square footage of 55-07 Metropolitan Avenue, Ridgewood, NY 11385?

55-07 Metropolitan Avenue, Ridgewood, NY 11385 has a total of 2,840 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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