New York City  »  11375  »  72nd Ave  »  11250 72nd Ave

112-50 72nd Avenue, Forest Hills, NY 11375 - Property report

Also known as: 112-50 72nd Ave

Property image for 112-50 72nd Avenue, Forest Hills, NY 11375
static Mapbox map

Property type

Adult Care Facility (I7)

Year built

2000

Lot sq. ft.

21,450

Sale price

$13,000,000

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
112-50 72nd Avenue
Alternate address(es)
72-06 Grand Central Pkwy
ZIP code
11375
Neighborhood
Forest Hills
Borough
Queens
Block & lot
02248-0099

Owner

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Building
Property type
Adult Care Facility (I7)
Building sq. ft.
80,000
Building dimensions
80 ft x 100 ft
Buildings on lot
1
Stories
10
Year built
2000
Building material
Sales
Sale date
05/12/2011
Sale price
$13,000,000
Tax
Tax year
2026-2027
Property tax
$971,848
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
102
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
131 ft x 106 ft
Lot sq. ft.
21,450

Area overview

Walk score
39 /100.  Car-Dependent
Transit score
100 /100.  Rider's Paradise
Bike score
41 /100.  Somewhat Bikeable
School district
28
Community district
6
Closest police station
0.45 Miles
Closest fire station
0.24 Miles

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

Ownership

Ownership information for 112-50 72nd Avenue, 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 112-50 72nd Avenue, Forest Hills, NY 11375

Sale date Sale price Buyer name Seller name
05/12/2011 $13,000,000 XXXXXX XX XX, XXX XXX XXXXXX XX XXX, XXX XXX XXXXXXX XXXXXX XXXXXX XX X XXX XXXX XXXXXXXXXXXX X XX X
07/31/2007 $18,500,000 XXXX XXXXXX XXXXX XXX XXXXXX XXXXX XXXXXX XXXXXXX (XXXX) XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/10/2015 - R
11/18/2015 - D		 Agreement
(2015112700065001)		 XXX XXXXXXXXXX XX XXXXXXXXXXXXXX XX XXXXXX XXXXX XX XXX
10/31/2012 - R
05/12/2011 - D		 Agreement
(2012101601473001)		 XXX XXXXXX XXXXX XXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
06/16/2011 - R
05/12/2011 - D		 NYC Real Property Transfer Tax
(2011060700174001)		 XXX XXXXXXX XXXXXX XXXXXX XX X XXXXXX XX XX XXX
03/06/2008 - R
08/08/2007 - D		 UCC3 Termination
(2007080801420008)		 XXXXXX XXXXX XXXXXX XXXXXXX (XXXX) XXX XXXXXXXX XXXX XXXX
03/06/2008 - R
07/31/2007 - D		 Mortgage and Consolidation
(2007080801420005)		 XXXX XXXXXX XXXXX XXX XX XX XXXXXX XXXXXX XXX XXXXXXX XXXXX XXXXXXXXXX XXXXXXXX XXXXXXX X X
03/06/2008 - R
07/31/2007 - D		 Deed
(2007080801420001)		 XXXXXX XXXXX XXXXXX XXXXXXX (XXXX) XXX XXXX XXXXXX XXXXX XXX
03/06/2008 - R
07/27/2007 - D		 Termination of Assign of L&R
(2007080801420007)		 XXXXXX XXXXX XXXXXX XXXXXXX (XXXX) XXX
03/06/2008 - R
07/27/2007 - D		 Termination of Assign of L&R
(2007080801420006)		 XXXXXX XXXXX XXXXXX XXXXXXX (XXXX) XXX
03/06/2008 - R
07/27/2007 - D		 Assignment, Mortgage
(2007080801420004)		 XXXXXXXX XXXX XXXX XXXXXXX XXXXX XXXXXXXXXX XXXXXXXX XXXXXXX X X
03/06/2008 - R
07/27/2007 - D		 Assignment, Mortgage
(2007080801420003)		 XXXXXXXX XXXX XXXX XXXXXXX XXXXX XXXXXXXXXX XXXXXXXX XXXXXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 112-50 72nd Avenue, 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
$971,848
Municipal exemptions
Recent tax assessments
Market value
$20,877,000
Assessed value
$9,394,650

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 $20,374,000 $9,168,300 $8,611,020 10.848% $934,123 $934,123 +4.23%
2024/25 $20,075,000 $9,033,750 $8,327,360 10.762% $896,190 $896,190 +6.29%
2023/24 $19,670,000 $8,851,500 $7,960,610 10.592% $843,188 $843,188 +5.32%
2022/23 $18,546,000 $8,345,700 $7,520,310 10.646% $800,612 $800,612 +3.66%
2021/22 $17,013,000 $7,655,850 $7,181,170 10.755% $772,335 $772,335 +1.30%
2020/21 $18,348,000 $8,256,600 $7,129,490 10.694% $762,428 $762,428 +4.17%
2019/20 $17,807,000 $8,013,150 $6,945,980 10.537% $731,898 $731,898 +1.04%
2018/19 $17,111,000 $7,699,950 $6,889,500 10.514% $724,362 $724,362 +5.56%
2017/18 $16,115,000 $7,251,750 $6,526,440 10.514% $686,190 $686,190 +28.37%
2016/17 $15,313,000 $6,890,850 $5,055,354 10.574% $657,664 $534,553 +33.26%
Permits

Permit information for 112-50 72nd Avenue, Forest Hills, NY

Filing date Job type Job status Job description Initial cost
12/12/2025 Alteration
08/17/2023 Alteration
08/17/2023 Alteration
08/08/2023 Alteration
03/08/2019 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
04/29/2021 Egrade-failure to post energy grade/score none
08/09/2017 Aeuhaz1-fail to certify class 1
06/01/2016 Evcat5-non-residential elevator periodic inspecion/test

*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 NW Corner
Station lines
E-F
Distance (miles)
0.213
View subway map

Access the detailed traffic volume map for 112-50 72nd Avenue, 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 112-50 72nd Avenue, Forest Hills, NY

163-14 Northern Blvd, Flushing 97-05 162nd Ave, Howard Beach 134-15 227th St, Springfield Gardens 120-07 233rd St, Cambria Heights 110-11 Rockaway Blvd, South Ozone Park 104-36 39th Ave, Corona 249-11 147th Rd, Rosedale 63-139 Alderton St, Rego Park 222-23 141st Ave, Springfield Gardens 16-54 Jefferson Ave, Ridgewood 13-76 Sunnyside St, Far Rockaway 168-29 93rd Ave, Jamaica 14-13 Bay 28 St, Far Rockaway 111-60 Van Wyck Expy, South Ozone Park 37-33 102nd St, Corona 69-95 Queens Midtown Expy, Maspeth 18-14 157th St, Whitestone 10-34 Wyckoff Ave, Ridgewood 45-49 157th St, Flushing 22-01 40th Ave, Long Island City

Nearby ZIP codes for 112-50 72nd Avenue, 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 112-50 72nd Avenue, Forest Hills, NY 11375?

The development at 112-50 72nd Avenue, Forest Hills, NY 11375 was built in 2000.

What is the total square footage of 112-50 72nd Avenue, Forest Hills, NY 11375?

112-50 72nd Avenue, Forest Hills, NY 11375 has a total of 80,000 square feet.

When was 112-50 72nd Avenue, Forest Hills, NY 11375 last sold and what was the sale price?

112-50 72nd Avenue, Forest Hills, NY 11375 was last sold on 05/12/2011 for $13,000,000.

What is the assessed value of 112-50 72nd Avenue, Forest Hills, NY 11375?

112-50 72nd Avenue, Forest Hills, NY 11375 is currently assessed at $9,394,650.

What are the property taxes for 112-50 72nd Avenue, Forest Hills, NY 11375?

The property taxes for 112-50 72nd Avenue, Forest Hills, NY 11375 total $971,848.

How many residential units does this building have?

This building has 102 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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