Queens  »  11385  »  Forest Ave  »  7203 Forest Ave

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

Also known as: 72-03 D Forest Ave

Property image for 72-03 Forest Avenue, Ridgewood, NY 11385
static Mapbox map

Property type

Walk-Up Apartments Less Than 11 Units Residential (CB)

Year built

1931

Lot sq. ft.

2,523

Sale price

$1,900,000

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
72-03 Forest Avenue
Alternate address(es)
72-03 B Forest Ave
72-03 C Forest Ave
72-03 D Forest Ave
ZIP code
11385
Neighborhood
Ridgewood
Borough
Queens
Block & lot
03587-0011

Owner

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Building
Property type
Walk-Up Apartments Less Than 11 Units Residential (CB)
Building sq. ft.
5,625
Building dimensions
25 ft x 75 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Sales
Sale date
04/16/2015
Sale price
$1,900,000
Tax
Tax year
2026-2027
Property tax
$33,249
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 100.92 ft
Lot sq. ft.
2,523

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
95 /100.  Rider's Paradise
Bike score
71 /100.  Very Bikeable
School district
24
Community district
5
Closest police station
0.40 Miles
Closest fire station
0.65 Miles

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

Ownership information for 72-03 Forest Avenue, Ridgewood, NY

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

Sales history for 72-03 Forest Avenue, Ridgewood, NY 11385

Sale date Sale price Buyer name Seller name
04/16/2015 $1,900,000 XX-XX XXXXXX XXX XXX XXXXX X&X XXXXXXXXXX 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
03/02/2026 - R
02/27/2026 - D
Agreement
(2026030200468007)
XXXXXXXX XXXXX XXXX X X XXXX XXXXXX XXX XXX
03/02/2026 - R
02/27/2026 - D
Mortgage
(2026030200468006)
XXX XXXXXXXX XXX XXXXXXXX XXXXX XXXX X X
03/02/2026 - R
02/27/2026 - D
Assignment, Mortgage
(2026030200468003)
XXX XXXX XX XX XXXX XXXXXXX XXX XXXXXXXX XXXXX XXXX X X
03/02/2026 - R
02/27/2026 - D
Termination of Assign of L&R
(2026030200468001)
XXX XXXX XX XX XXXX XXXXXXX XXX XXXX XXXXXX XXX XXX
03/02/2026 - R
01/27/2026 - D
Mortgage Spreader Agreement
(2026030200468005)
XXX XXXXXXXX XXX XXXXXXXX XXXXX XXXX X X
11/13/2024 - R
12/20/2023 - D
Asgn of Asgn of L&R
(2024100900134006)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXX XXXX XX XX XXXX XXXXXXX XXX
11/13/2024 - R
12/20/2023 - D
Assignment, Mortgage
(2024100900134005)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXX XXXX XX XX XXXX XXXXXXX XXX
04/29/2015 - R
04/16/2015 - D
Assignment, Mortgage
(2015042300776005)
XX XXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXXXX XXXX X XXX XXXX XXXXXXXXXXX
04/29/2015 - R
04/16/2015 - D
Assignment of Leases and Rents
(2015042300776004)
XXXX XXXXXX XXX XXX XXXXXXXXX XXXX X XXX XXXX XXXXXXXXXXX
04/29/2015 - R
04/16/2015 - D
Agreement
(2015042300776003)
XXXX XXXXXX XXX XXX XXXXXXXXX XXXX X XXX XXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 72-03 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
$33,249
Municipal exemptions
Recent tax assessments
Market value
$594,000
Assessed value
$267,300

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 $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%
2020/21 $801,000 $360,450 $326,250 12.267% $40,021 $40,021 +4.70%
2019/20 $763,000 $343,350 $306,450 12.473% $38,224 $38,224 +7.21%
2018/19 $738,000 $332,100 $282,690 12.612% $35,653 $35,653 +9.90%
2017/18 $682,000 $306,900 $255,060 12.719% $32,441 $32,441 +14.64%
2016/17 $641,000 $288,450 $219,510 12.892% $28,299 $28,299 +18.54%

Permit information for 72-03 Forest Avenue, Ridgewood, NY

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

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
10/01/2015 Lblvio-low pressure boiler
03/03/2015 Lblvio-low pressure boiler
05/15/2014 Lblvio-low pressure boiler

*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 SW Corner
Station lines
M
Distance (miles)
0.346

Access the detailed traffic volume map for 72-03 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

Frequently asked questions

What is the year built for 72-03 Forest Avenue, Ridgewood, NY 11385?

The development at 72-03 Forest Avenue, Ridgewood, NY 11385 was built in 1931.

What is the total square footage of 72-03 Forest Avenue, Ridgewood, NY 11385?

72-03 Forest Avenue, Ridgewood, NY 11385 has a total of 5,625 square feet.

When was 72-03 Forest Avenue, Ridgewood, NY 11385 last sold and what was the sale price?

72-03 Forest Avenue, Ridgewood, NY 11385 was last sold on 04/16/2015 for $1,900,000.

What is the assessed value of 72-03 Forest Avenue, Ridgewood, NY 11385?

72-03 Forest Avenue, Ridgewood, NY 11385 is currently assessed at $267,300.

What are the property taxes for 72-03 Forest Avenue, Ridgewood, NY 11385?

The property taxes for 72-03 Forest Avenue, Ridgewood, NY 11385 total $33,249.

How many residential units does this building have?

This building has 8 residential unit(s).

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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