Queens  »  11375  »  Austin St  »  7250 Austin St

72-50 Austin Street, Forest Hills, NY 11375 - Property report

Also known as: 72-48 Austin St

Property image for 72-50 Austin Street, Forest Hills, NY 11375
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Property type

Predominant Retail with Other Uses (K4)

Year built

1932

Lot sq. ft.

5,000

Sale price

$4,500,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
72-50 Austin Street
Alternate address(es)
72-48 - 72-50 Austin St
ZIP code
11375
Neighborhood
Forest Hills
Borough
Queens
Block & lot
03255-0065

Owner

Find out who owns 72-50 Austin Street, Forest Hills, NY 11375. Uncover corporate and individual owners with a free account.

Building
Property type
Predominant Retail with Other Uses (K4)
Building sq. ft.
8,600
Building dimensions
50 ft x 100 ft
Buildings on lot
1
Stories
2
Year built
1932
Building material
Sales
Sale date
08/18/2021
Sale price
$4,500,000
Tax
Tax year
2026-2027
Property tax
$91,139
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
50.42 ft x 100.92 ft
Lot sq. ft.
5,000

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
59 /100.  Bikeable
School district
28
Community district
6
Closest police station
0.48 Miles
Closest fire station
0.17 Miles

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

Ownership

Ownership information for 72-50 Austin Street, Forest Hills, NY

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

Sales history for 72-50 Austin Street, Forest Hills, NY 11375

Sale date Sale price Buyer name Seller name
08/18/2021 $4,500,000 XXXXXX XXXXX XX XXX XXXXXXXX XXXXXXX XXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/20/2021 - R
08/18/2021 - D		 Deed
(2021082600628003)		 XXXXXXXX XXXXXXX XXXXXXX XXX XXXXXX XXXXX XX XXX
07/03/2013 - R UCC3 Termination
(2013062801083001)		 XXXXXX XXXXX X XXX XXXXXXXX XXXXXXX XXX
05/21/2007 - R
05/08/2007 - D		 Deed
(2007050901124001)		 XXXXXXXX XXXXX X XXXXXXXX XXXXXXX XXXXXXX XXX
12/22/1988 - R Deed
(4440002523044)		 XXXXXXXX XXXXXXX XXXX XXXXXXXX XXXXX X (XXXX
12/05/1988 - R Satisfaction of Mortgage
(4960002517296)		 XXXXXXXX XXXXXXX XXXX XXXXXXXX XXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 72-50 Austin Street, Forest Hills, 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
$91,139
Municipal exemptions
Recent tax assessments
Market value
$2,169,000
Assessed value
$976,050

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 $1,866,000 $839,700 $782,364 10.848% $84,871 $84,871 +11.67%
2024/25 $1,709,000 $769,050 $706,230 10.762% $76,004 $76,004 +4.39%
2023/24 $1,642,000 $738,900 $687,420 10.592% $72,812 $72,812 +1.38%
2022/23 $1,592,000 $716,400 $674,640 10.646% $71,822 $71,822 +5.70%
2021/22 $1,404,000 $631,800 $631,800 10.755% $67,950 $67,950 -9.56%
2020/21 $1,848,000 $831,600 $702,540 10.694% $75,130 $75,130 +4.06%
2019/20 $1,730,000 $778,500 $685,170 10.537% $72,196 $72,196 +5.08%
2018/19 $1,614,000 $726,300 $653,490 10.514% $68,708 $68,708 +3.60%
2017/18 $1,568,000 $705,600 $630,810 10.514% $66,323 $66,323 +3.26%
2016/17 $1,458,000 $656,100 $607,410 10.574% $64,228 $64,228 -0.41%
Permits

Permit information for 72-50 Austin Street, Forest Hills, NY

Filing date Job type Job status Job description Initial cost
02/28/2023 Alteration
02/13/2023 Alteration
02/06/2023 Alteration
02/06/2023 Alteration
01/24/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
01/31/2005 Ll6291-local law 62/91 - boilers
02/27/2001 Ll6291-local law 62/91 - boilers
02/27/2001 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record 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
75th & Queens Blvd at SW Corner
Station lines
E-F
Distance (miles)
0.154
View subway map

Access the detailed traffic volume map for 72-50 Austin Street, Forest Hills, NY 11375 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 72-50 Austin Street, Forest Hills, NY

108-18 Queens Blvd, Forest Hills 72-22 Austin St, Forest Hills 72-02 Austin St, Forest Hills 71-21 Austin St, Forest Hills 71-40 Austin St, Forest Hills 71-19 Austin St, Forest Hills 71-15 Austin St, Forest Hills 71-11 Austin St, Forest Hills 72-06 Austin St, Forest Hills 108-22 Queens Blvd, Forest Hills 71-09 Austin St, Forest Hills 71-58 Austin St, Forest Hills 72-10 Austin St, Forest Hills 72-08 Austin St, Forest Hills 72-04 Austin St, Forest Hills 72-60 Austin St, Forest Hills 71-50 Austin St, Forest Hills 72-34 Austin St, Forest Hills 71-17 Austin St, Forest Hills 71-34 Austin St, Forest Hills

Nearby ZIP codes for 72-50 Austin Street, Forest Hills, NY

11354, New York City, NY 11355, New York City, NY 11367, New York City, NY 11368, New York City, NY 11369, New York City, NY 11372, New York City, NY 11373, New York City, NY 11374, New York City, NY 11379, New York City, NY 11385, New York City, NY 11415, New York City, NY 11416, New York City, NY 11417, New York City, NY 11418, New York City, NY 11419, New York City, NY 11421, New York City, NY 11424, New York City, NY 11432, New York City, NY 11435, New York City, NY

Frequently asked questions

What is the year built for 72-50 Austin Street, Forest Hills, NY 11375?

The development at 72-50 Austin Street, Forest Hills, NY 11375 was built in 1932.

What is the market value of 72-50 Austin Street, Forest Hills, NY 11375?

The current market value of 72-50 Austin Street, Forest Hills, NY 11375 is $2,169,000.

What is the total square footage of 72-50 Austin Street, Forest Hills, NY 11375?

72-50 Austin Street, Forest Hills, NY 11375 has a total of 8,600 square feet.

What is the price per square foot for this property?

$523 per square foot is the price for 72-50 Austin Street, Forest Hills, NY 11375.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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