New York City  »  11385  »  Metropolitan Ave  »  5542 Metropolitan Ave

55-42 Metropolitan Avenue, Ridgewood, NY 11385 - Property report

Also known as: 55-42 Metropolitan Ave

Property image for 55-42 Metropolitan Avenue, Ridgewood, NY 11385
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1930

Lot sq. ft.

2,042

Sale price

$800,000

General information

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Address
Primary address
55-42 Metropolitan Avenue
ZIP code
11385
Neighborhood
Ridgewood
Borough
Queens
Block & lot
03365-0036

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
2,520
Building dimensions
20.5 ft x 63 ft
Buildings on lot
1
Stories
2
Year built
1930
Building material
Sales
Sale date
12/05/2016
Sale price
$800,000
Tax
Tax year
2026-2027
Property tax
$8,942
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
20.42 ft x 100 ft
Lot sq. ft.
2,042

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
0.92 Miles
Closest fire station
0.04 Miles

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Ownership information for 55-42 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 55-42 Metropolitan Avenue, Ridgewood, NY 11385

Sale date Sale price Buyer name Seller name
12/05/2016 $800,000 XXXX XXXXX XXX XXXXXXXXX, XXXXX XXX XXXXXXXXX, XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/05/2025 - R UCC3 Continuation
(2025050200868001)
XXXX XXXXX XXX XXXXXXXXXX XXXX
06/11/2020 - R Initial UCC1
(2020061100525006)
XXXX XXXXX XXX XXXXXXXXXX XXXX
06/11/2020 - R
05/27/2020 - D
Assignment of Leases and Rents
(2020061100525005)
XXXX XXXXX XXX XXXXXXXXXX XXXX
06/11/2020 - R
05/27/2020 - D
Agreement
(2020061100525004)
XXXX XXXXX XXX XXXXXXXXXX XXXX
06/11/2020 - R
05/27/2020 - D
Mortgage
(2020061100525003)
XXXX XXXXX XXX XXXXXXXXXX XXXX
06/11/2020 - R
05/22/2020 - D
Assignment, Mortgage
(2020061100525002)
XXXXXXXXX XXXXX XXXXXXXXXX XXXX
06/11/2020 - R
05/22/2020 - D
Assignment, Mortgage
(2020061100525001)
XXXXXXXXX XXXXX XXXXXXXXXX XXXX
12/21/2016 - R
12/05/2016 - D
Mortgage
(2016122000192003)
XXXX XXXXX XXX XXXXXXXXX XXXXX
12/21/2016 - R
12/05/2016 - D
Mortgage
(2016122000192002)
XXXX XXXXX XXX XXXXXXXXX XXXXX
12/21/2016 - R
12/05/2016 - D
Deed
(2016122000192001)
XXXXXXXXX XXXXX XXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 55-42 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
$8,942
Municipal exemptions
Recent tax assessments
Market value
$1,089,000
Assessed value
$65,340

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 $1,011,000 $60,660 $43,265 19.843% $8,585 $8,585 +4.49%
2024/25 $844,000 $50,640 $40,908 20.085% $8,216 $8,216 +5.74%
2023/24 $907,000 $54,420 $38,686 20.085% $7,770 $7,770 +3.95%
2022/23 $817,000 $49,020 $36,806 20.309% $7,475 $7,475 +3.43%
2021/22 $740,000 $44,400 $36,202 19.963% $7,227 $7,227 -1.05%
2020/21 $891,000 $53,460 $34,704 21.045% $7,303 $7,303 +5.39%
2019/20 $938,000 $56,280 $32,740 21.167% $6,930 $6,930 +7.25%
2018/19 $860,000 $51,600 $30,888 20.919% $6,461 $6,461 +3.34%
2017/18 $807,000 $48,420 $30,672 20.385% $6,252 $6,252 +3.67%
2016/17 $708,000 $42,480 $30,168 19.991% $6,031 $6,031 +6.64%

Permit information for 55-42 Metropolitan Avenue, Ridgewood, NY

Filing date Job type Job status Job description Initial cost
09/10/2018 Alteration
08/23/2018 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
10/22/2020 C-construction
07/08/2014 C-construction

*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
-

Subway & traffic

Closest station
Forest Ave & Myrtle Ave at NW Corner
Station lines
M
Distance (miles)
0.617

Access the detailed traffic volume map for 55-42 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 55-42 Metropolitan Avenue, Ridgewood, NY 11385?

The development at 55-42 Metropolitan Avenue, Ridgewood, NY 11385 was built in 1930.

What is the market value of 55-42 Metropolitan Avenue, Ridgewood, NY 11385?

The current market value of 55-42 Metropolitan Avenue, Ridgewood, NY 11385 is $1,089,000.

What is the total square footage of 55-42 Metropolitan Avenue, Ridgewood, NY 11385?

55-42 Metropolitan Avenue, Ridgewood, NY 11385 has a total of 2,520 square feet.

What is the price per square foot for this property?

$317 per square foot is the price for 55-42 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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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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