Queens  »  11385  »  Forest Ave  »  7001 Forest Ave

70-01 Forest Avenue, Ridgewood, NY 11385 - Property report

Also known as: 70-01 Forest Ave

Property image for 70-01 Forest Avenue, Ridgewood, NY 11385
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Property type

Banking Facilities with or without Parking (K7)

Year built

1949

Lot sq. ft.

7,000

Sale price

$3,650,000

General information

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Address
Primary address
70-01 Forest Avenue
ZIP code
11385
Neighborhood
Ridgewood
Borough
Queens
Block & lot
03508-0003

Owner

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Building
Property type
Banking Facilities with or without Parking (K7)
Building sq. ft.
10,848
Building dimensions
69.58 ft x 88 ft
Buildings on lot
1
Stories
2
Year built
1949
Building material
Sales
Sale date
12/22/2022
Sale price
$3,650,000
Tax
Tax year
2026-2027
Property tax
$102,562
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
69.58 ft x 100 ft
Lot sq. ft.
7,000

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
96 /100.  Rider's Paradise
Bike score
75 /100.  Very Bikeable
School district
24
Community district
5
Closest police station
0.39 Miles
Closest fire station
0.69 Miles

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

Ownership

Ownership information for 70-01 Forest Avenue, Ridgewood, NY

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

Sales history for 70-01 Forest Avenue, Ridgewood, NY 11385

Sale date Sale price Buyer name Seller name
12/22/2022 $3,650,000 XXXX XXXXXX XXX XXXXXXXXX XXX XXXXXX & XXXXX XXX
01/16/2020 $2,942,500 XXXXXX & XXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
12/01/2006 $169,465,000 XXXXXXX XXX XXXXXXXXX XXXXXXXXXXX XXXXX XXXX XXXXXXXXXXXXXX XX X & XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/09/2025 - R UCC3 Termination
(2025090500863001)		 XXXX XXXXXX XXX XXXXXXXXX XXX XXXXXXXXX XXXX
08/29/2025 - R Initial UCC1
(2025082800961001)		 XXXX XXXXXX XXX XXXXXXXXX XXX XXXXXXXX XXXX
09/11/2025 - R
08/28/2025 - D		 Assignment of Leases and Rents
(2025090500416005)		 XXXX XXXXXX XXX XXXXXXXXX XXX XXXXXXXX XXXX
09/11/2025 - R
08/28/2025 - D		 Agreement
(2025090500416004)		 XXXX XXXXXX XXX XXXXXXXXX XXX XXXXXXXX XXXX
09/11/2025 - R
08/28/2025 - D		 Mortgage
(2025090500416003)		 XXXX XXXXXX XXX XXXXXXXXX XXX XXXXXXXX XXXX
09/11/2025 - R
08/28/2025 - D		 Termination of Assign of L&R
(2025090500416001)		 XXXXXXXXX XXXX XXXX XXXXXX XXX XXXXXXXXX XXX
09/11/2025 - R
08/12/2025 - D		 Assignment, Mortgage
(2025090500416002)		 XXXXXXXXX XXXX XXXXXXXX XXXX
03/08/2023 - R UCC3 Termination
(2023030100009002)		 XXXXXX XXXXX XXX XXXXXXXXXX XXXX X X
01/13/2023 - R Initial UCC1
(2023010800016007)		 XXXX XXXXXX XXX XXXXXXXXX XXX XXXXXXXXX XXXX
03/08/2023 - R
12/22/2022 - D		 Satisfaction of Mortgage
(2023030100009001)		 XXXXXX XXXXX XXX XXXXXXXXXX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 70-01 Forest 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
$102,562
Municipal exemptions
Recent tax assessments
Market value
$2,248,000
Assessed value
$1,011,600

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 $2,098,000 $944,100 $881,280 10.848% $95,601 $95,601 +1.26%
2024/25 $2,057,000 $925,650 $877,230 10.762% $94,407 $94,407 +2.03%
2023/24 $2,054,000 $924,300 $873,540 10.592% $92,525 $92,525 +0.56%
2022/23 $2,048,000 $921,600 $864,270 10.646% $92,010 $92,010 +23.85%
2021/22 $1,535,000 $690,750 $690,750 10.755% $74,290 $74,290 -12.31%
2020/21 $2,053,000 $923,850 $792,180 10.694% $84,716 $84,716 +12.75%
2019/20 $2,016,000 $907,200 $713,070 10.537% $75,136 $75,136 +11.85%
2018/19 $1,951,000 $877,950 $638,910 10.514% $67,175 $67,175 +14.76%
2017/18 $1,421,000 $639,450 $556,721 10.514% $58,534 $58,534 +6.82%
2016/17 $1,361,000 $612,450 $518,201 10.574% $54,795 $54,795 +6.01%
Permits

Permit information for 70-01 Forest Avenue, Ridgewood, NY

Filing date Job type Job status Job description Initial cost
05/17/2024 Alteration CO
05/17/2024 Alteration
02/14/2024 Alteration CO
02/05/2024 Alteration CO
02/02/2024 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
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
04/25/2023 Lblvio-low pressure boiler boiler required

*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
Forest Ave & Myrtle Ave at SW Corner
Station lines
M
Distance (miles)
0.267
View subway map

Access the detailed traffic volume map for 70-01 Forest 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

Neighbors for 70-01 Forest Avenue, Ridgewood, NY

59-26 70th Ave, Ridgewood 59-32 70th Ave, Ridgewood 59-14 70th Ave, Ridgewood 59-22 70th Ave, Ridgewood 59-24 70th Ave, Ridgewood 59-34 70th Ave, Ridgewood 70-21 Forest Ave, Ridgewood 59-17 70th Ave, Ridgewood 59-30 70th Ave, Ridgewood 70-16 60th St, Ridgewood 59-13 70th Ave, Ridgewood 59-19 70th Ave, Ridgewood 59-21 70th Ave, Ridgewood 59-23 70th Ave, Ridgewood 59-25 70th Ave, Ridgewood 59-27 70th Ave, Ridgewood 59-11 70th Ave, Ridgewood 59-28 70th Ave, Ridgewood 59-36 70th Ave, Ridgewood 59-15 70th Ave, Ridgewood

Nearby ZIP codes for 70-01 Forest Avenue, Ridgewood, NY

11104, New York City, NY 11206, New York City, NY 11207, New York City, NY 11208, New York City, NY 11212, New York City, NY 11221, New York City, NY 11233, New York City, NY 11237, New York City, NY 11239, New York City, NY 11372, New York City, NY 11373, New York City, NY 11374, New York City, NY 11375, New York City, NY 11377, New York City, NY 11378, New York City, NY 11379, New York City, NY 11416, New York City, NY 11417, New York City, NY 11418, New York City, NY 11421, New York City, NY

Frequently asked questions

What is the year built for 70-01 Forest Avenue, Ridgewood, NY 11385?

The development at 70-01 Forest Avenue, Ridgewood, NY 11385 was built in 1949.

What is the market value of 70-01 Forest Avenue, Ridgewood, NY 11385?

The current market value of 70-01 Forest Avenue, Ridgewood, NY 11385 is $2,248,000.

What is the total square footage of 70-01 Forest Avenue, Ridgewood, NY 11385?

70-01 Forest Avenue, Ridgewood, NY 11385 has a total of 10,848 square feet.

What is the price per square foot for this property?

$336 per square foot is the price for 70-01 Forest 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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