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72-03 Forest Avenue, Ridgewood, NY 11385 Property Information

72-03 Forest Avenue, Ridgewood, NY 11385 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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72-03 Forest Avenue, Ridgewood, NY 11385 1
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Address

Primary address 72-03 Forest Avenue
Secondary address 72-03 D Forest Ave
Neighborhood Ridgewood
Zip code 11385
Borough Queens
Block & lot 03587-0011

Sales & Tax Overview for 72-03 Forest Avenue, Ridgewood

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

Purchase date 04/16/2015
Purchase price $1,900,000
Tax class
Estimated property tax $33,249

Lot & Building Information for 72-03 Forest Avenue, Ridgewood

Lot sq. ft. 2,523
Lot dimensions 25 ft x 100.92 ft
Property type Walk-up Apartment - Over Six Families with Stores (C7)
Building sqft 5,625
Building dimensions 25 ft x 75 ft
Buildings on lot 1
Stories 3
Year built 1931
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Zoning & Use for 72-03 Forest Avenue, Ridgewood

Zoning
Residential units (DOF) 8
Commercial units 4
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 24
Community district 5
Closest police station 0.40 Miles
Closest fire station 0.65 Miles

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

Other Property Data for 72-03 Forest 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 72-03 Forest 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 72-03 Forest 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.

  • 72-03 D Forest Ave, Ridgewood, NY 11385
  • 72-03 B Forest Ave, Ridgewood, NY 11385
  • 72-03 C Forest Ave, Ridgewood, NY 11385

About 72-03 Forest Avenue, Ridgewood

How many sq. ft. does 72-03 Forest Avenue, Ridgewood, NY 11385 have & what is the price per sq. ft?

This Walk-up Apartment - Over Six Families with Stores (C7) located at 72-03 Forest Avenue, Ridgewood, NY 11385 has a total of 5,625 square feet and a current price per square foot of $337.

What is the year built & the current market value of 72-03 Forest Avenue, Ridgewood, NY 11385?

72-03 Forest Avenue, Ridgewood, NY 11385 was built in 1931 and has a current tax assessor's market value of $670,000.

How many commercial spaces does this building have?

This building has 4 commercial spaces available for lease.

Ownership Information for 72-03 Forest Avenue, Ridgewood

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Property owner name for 72-03 Forest Avenue, Ridgewood, NY 11385
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Building contacts for 72-03 Forest Avenue, Ridgewood, NY 11385
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 72-03 Forest Avenue, Ridgewood

Create a free account to view the complete sales history for 72-03 Forest Avenue, Ridgewood, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
04/16/2015 $1,900,000

Title Documents for 72-03 Forest 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
02/27/2026 - D
03/02/2026 - R
Agreement
(2026030200468007)
02/27/2026 - D
03/02/2026 - R
Mortgage
(2026030200468006)
02/27/2026 - D
03/02/2026 - R
Assignment, Mortgage
(2026030200468003)
02/27/2026 - D
03/02/2026 - R
Termination of Assign of L&R
(2026030200468001)
01/27/2026 - D
03/02/2026 - R
Mortgage Spreader Agreement
(2026030200468005)
12/20/2023 - D
11/13/2024 - R
Asgn of Asgn of L&R
(2024100900134006)
12/20/2023 - D
11/13/2024 - R
Assignment, Mortgage
(2024100900134005)
04/16/2015 - D
04/29/2015 - R
Assignment, Mortgage
(2015042300776005)
04/16/2015 - D
04/29/2015 - R
Assignment of Leases and Rents
(2015042300776004)
04/16/2015 - D
04/29/2015 - R
Agreement
(2015042300776003)
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R: Recorded date
D: Document date

Property Taxes for 72-03 Forest Avenue, Ridgewood

Access detailed property tax data for 72-03 Forest 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: $37,504
Estimated property tax: $33,249
Tax assessor's market value: $670,000
Assessed value: $301,500

Assessment History for 72-03 Forest Avenue, Ridgewood

Here's the assessment & property tax history for 72-03 Forest 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 $670,000 $301,500 $301,500 12.439% $37,504 $37,504 -13.19%
2024/25 $768,000 $345,600 $345,600 12.5% $43,200 $43,200 -4.09%
2023/24 $820,000 $369,000 $360,270 12.502% $45,041 $45,041 +4.05%
2022/23 $810,000 $364,500 $352,890 12.267% $43,289 $43,289 +3.64%
2021/22 $809,000 $364,050 $341,370 12.235% $41,767 $41,767 +4.36%

Permits for 72-03 Forest Avenue, Ridgewood

The complete history of permits filed for 72-03 Forest 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
12/16/2016 Alteration type 1
03/06/2006 Alteration type 2
09/23/2002 Alteration type 2
06/17/2002 Alteration type 2
         
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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 Q1/2026
$426
-1.6% YoY
Median Price/Sqft Q4/2025
$457
11.4% YoY
Median Price/Sqft 2025
$445
4.3% YoY

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

Risk

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

Transportation

Distance to Subway
Closest station Forest Ave & Myrtle Ave at SW Corner
Station lines M
Distance (miles) 0.346
View subway map
Bus Routes
Name Forest Av/Stephen St
Distance (miles) 0.013

Neighbors for 72-03 Forest Avenue, Ridgewood

Here are the neighbors for 72-03 Forest Avenue, Ridgewood, NY 11385.

Address Square feet Purchase date Purchase price
59-28 Myrtle Ave, Ridgewood 3,300 04/06/1993
72-11 Forest Ave, Ridgewood 3,210 08/27/1990
72-15 Forest Ave, Ridgewood 2,080 12/01/1994
59-04 Stephen St, Ridgewood 5,929 09/13/2011
59-12 Stephen St, Ridgewood 4,278 11/01/2009 $10
59-30 Myrtle Ave, Ridgewood 3,300 03/31/2022 $1,510,000
75-05 61st St, Ridgewood 2,280 02/07/1972
75-03 61st St, Ridgewood 2,320 04/03/2025
72-17 Forest Ave, Ridgewood 3,120 11/10/1993
75-09 61st St, Ridgewood 2,280 12/28/2004 $525,000
59-22 Myrtle Ave, Ridgewood 3,300 05/13/2022
59-08 Stephen St, Ridgewood 5,929 08/03/1984
59-24 Myrtle Ave, Ridgewood 3,300 03/23/2007 $975,000
75-01 61st St, Ridgewood 3,600 09/07/2023 $1,470,000
59-32 Myrtle Ave, Ridgewood 3,740 03/24/2004 $320,000
72-13 Forest Ave, Ridgewood 3,120 09/19/1996
72-19 Forest Ave, Ridgewood 3,210 09/29/2021 $1,225,000
59-20 Myrtle Ave, Ridgewood 3,300 07/15/2010 $725,000
59-26 Myrtle Ave, Ridgewood 3,300 12/29/2021 $1,200,000
75-07 61st St, Ridgewood 2,280 01/08/2026 $390,000
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