New York City  »  11385  »  Metropolitan Ave  »  5340 Metropolitan Ave

53-40 Metropolitan Avenue, Ridgewood, NY 11385 - Property report

Also known as: 53-40 Metropolitan Ave

Property image for 53-40 Metropolitan Avenue, Ridgewood, NY 11385
static Mapbox map

Property type

Zoned Commercial or Manhattan Residential (V1)

Lot sq. ft.

2,693

Sale price

$460,000

General information

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Address
Primary address
53-40 Metropolitan Avenue
ZIP code
11385
Neighborhood
Ridgewood
Borough
Queens
Block & lot
03361-0015

Owner

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Building
Property type
Zoned Commercial or Manhattan Residential (V1)
Building material
Sales
Sale date
08/16/2011
Sale price
$460,000 - M
Tax
Tax year
2026-2027
Property tax
$8,543
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
25 ft x 104.83 ft
Lot sq. ft.
2,693

Area overview

Walk score
88 /100.  Very Walkable
Transit score
81 /100.  Excellent Transit
Bike score
60 /100.  Bikeable
School district
24
Community district
5
Closest police station
1.05 Miles
Closest fire station
0.26 Miles

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

Ownership information for 53-40 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 53-40 Metropolitan Avenue, Ridgewood, NY 11385

Sale date Sale price Buyer name Seller name
08/16/2011 $460,000 XXXXXXX XXX XXXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/04/2022 - R
02/24/2022 - D
Tax Lien Sale Certificate
(2022030300019001)
XXXX XX XXX XXXX XXXX XX XXX XXXX
07/14/2021 - R
06/30/2021 - D
Assignment of Tax Lien
(2021070600540002)
XXX XXXX XX XXX XXXX XXXXXX XXX XXXX XX XXX XXXX XXXXXX
08/23/2018 - R
08/09/2018 - D
Tax Lien Sale Certificate
(2018082200615001)
XXXX XX XXX XXXX XXXX XX XXX XXXX
02/26/2013 - R
10/25/2012 - D
Easement
(2012113000757001)
XXXXXXX XXX XXXXXXX XXXXXX
09/12/2011 - R
08/16/2011 - D
Deed
(2011082501225002)
XXXXXX XXXXX XXXXXXX XXX
09/12/2011 - R
04/12/2011 - D
Power of Attorney
(2011082501225001)
XXXXXX XXXXX XXXXXXXXXXXXXX XXXXXX
05/24/2011 - R
02/25/2011 - D
Easement
(2011052000563001)
XXXXXX XXXXX XXXXXXX XXXXXX
01/09/2012 - R
02/15/2011 - D
Sundry Miscellaneous
(2011120900733001)
XXXXXXX XXXXXX
08/19/2002 - R Sundry Miscellaneous
(4470008900847)
XXXXX XXXX (XXX XXXXX XXXX X XX
03/13/1997 - R Easement
(4780005527678)
XXXXX XXXX X XX (XXXXXX) XXXX XXXXXXXXXXXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 53-40 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
$8,543
Municipal exemptions
Recent tax assessments
Market value
$175,000
Assessed value
$78,750

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 $184,000 $82,800 $82,800 10.848% $8,982 $8,982 -4.40%
2024/25 $194,000 $87,300 $87,300 10.762% $9,395 $9,395 -3.38%
2023/24 $204,000 $91,800 $91,800 10.592% $9,723 $9,723 -5.60%
2022/23 $215,000 $96,750 $96,750 10.646% $10,300 $10,300 -1.01%
2021/22 $215,000 $96,750 $96,750 10.755% $10,405 $10,405 -4.33%
2020/21 $226,000 $101,700 $101,700 10.694% $10,876 $10,876 -1.05%
2019/20 $238,000 $107,100 $104,310 10.537% $10,991 $10,991 +17.33%
2018/19 $198,000 $89,100 $89,100 10.514% $9,368 $9,368 -17.74%
2017/18 $247,000 $111,150 $108,309 10.514% $11,388 $11,388 +1.20%
2016/17 $240,000 $108,000 $106,417 10.574% $11,253 $11,253 +0.42%

Permit information for 53-40 Metropolitan Avenue, Ridgewood, NY

Filing date Job type Job status Job description Initial cost
05/17/2016 Alteration type 2
05/17/2016 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
09/15/2017 Evcat1-elevator annual inspection / test
12/01/2016 Evcat1-elevator annual inspection / test
10/05/2016 E-elevator

*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
Dekalb Ave & Wycoff Ave at NW Corner
Station lines
L
Distance (miles)
0.708

Access the detailed traffic volume map for 53-40 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 market value of 53-40 Metropolitan Avenue, Ridgewood, NY 11385?

The current market value of 53-40 Metropolitan Avenue, Ridgewood, NY 11385 is $175,000.

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