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48-05 Metropolitan Avenue #1, Ridgewood, NY 11385 Property Information

48-05 Metropolitan Avenue #1, Ridgewood, NY 11385 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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48-05 Metropolitan Avenue #1, Ridgewood, NY 11385
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Address

Building name Storage Post
Primary address 48-05 Metropolitan Avenue #1
Secondary address 48-05 A Metropolitan Ave
Neighborhood Maspeth
Zip code 11385
Borough Queens
Block & lot 02611-1001

Sales & Tax Overview for 48-05 Metropolitan Avenue #1, Ridgewood

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

Purchase date 06/23/2016
Purchase price $15,750,000
Tax class

Lot & Building Information for 48-05 Metropolitan Avenue #1, Ridgewood

Lot sqft 14,400
Building class Warehouse/Factory/Industrial (RW) i
Buildings on lot 2
Stories 2
Year built 1950
Year last altered 2019
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Zoning & Use for 48-05 Metropolitan Avenue #1, Ridgewood

Commercial units 2

Area Overview

Walk Score
Transit Score
Bike Score


School district 24
Community district 5
Closest police station 1.06 Miles
Closest fire station 0.49 Miles

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

Other Property Data for 48-05 Metropolitan Avenue #1, Ridgewood

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Floor area ratio (FAR) for 48-05 Metropolitan Avenue #1, 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 48-05 Metropolitan Avenue #1, 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.

  • 48-05 A Metropolitan Ave, Ridgewood, NY 11385
  • 48-19 Metropolitan Ave, Ridgewood, NY 11385
  • 48-21 Metropolitan Ave, Ridgewood, NY 11385

About 48-05 Metropolitan Avenue #1, Ridgewood

What is the year built & the current market value of 48-05 Metropolitan Avenue #1, Ridgewood, NY 11385?

48-05 Metropolitan Avenue #1, Ridgewood, NY 11385 was built in 1950 and has a current tax assessor's market value of $20,209,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 48-05 Metropolitan Avenue #1, Ridgewood

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Property owner name for 48-05 Metropolitan Avenue #1, Ridgewood, NY 11385
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Building contacts for 48-05 Metropolitan Avenue #1, Ridgewood, NY 11385
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 48-05 Metropolitan Avenue #1, Ridgewood

Create a free account to view the complete sales history for 48-05 Metropolitan Avenue #1, Ridgewood, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/23/2016 $15,750,000
12/12/2014 $7,000,000
       
       
       
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Title Documents for 48-05 Metropolitan Avenue #1, 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
12/19/2023 - R Initial UCC1
(2023120700214004)
12/08/2023 - R UCC3 Termination
(2023120700333001)
12/06/2023 - D
12/19/2023 - R
Mortgage and Consolidation
(2023120700214003)
12/06/2023 - D
12/19/2023 - R
Termination of Assign of L&R
(2023120700214002)
12/06/2023 - D
12/19/2023 - R
Assignment, Mortgage
(2023120700214001)
08/04/2022 - R UCC3 Assignment
(2022080100194003)
12/09/2021 - D
08/04/2022 - R
Asgn of Asgn of L&R
(2022080100194002)
12/09/2021 - D
08/04/2022 - R
Assignment, Mortgage
(2022080100194001)
12/06/2021 - R UCC3 Termination
(2021120101059001)
11/30/2021 - R Initial UCC1
(2021111600538008)
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R: Recorded date
D: Document date

Property Taxes for 48-05 Metropolitan Avenue #1, Ridgewood

Access detailed property tax data for Storage Post - 48-05 Metropolitan Avenue #1, Ridgewood, NY 11385. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $0
Tax assessor's market value: $20,209,000
Assessed value: $9,094,050
Exemptions granted by city:

Assessment History for 48-05 Metropolitan Avenue #1, Ridgewood

Here's the assessment & property tax history for 48-05 Metropolitan Avenue #1, 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 $20,209,000 $9,094,050 $0 10.848% $850,746 $0 n/a
2024/25 $19,652,000 $8,843,400 $0 10.762% $800,899 $0 n/a
2023/24 $1,400,000 $630,000 $0 10.592% $66,730 $0 n/a
2022/23 $1,400,000 $630,000 $0 10.646% $67,070 $0 n/a
2021/22 $1,400,000 $630,000 $0 10.755% $67,757 $0 n/a

Permits for 48-05 Metropolitan Avenue #1, Ridgewood

The complete history of permits filed for 48-05 Metropolitan Avenue #1, 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.

No recorded permits for this property.

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 Q3/2025
$431
-0.5% YoY
Median Price/Sqft Q2/2025
$449
9.9% YoY
Median Price/Sqft 2024
$413
0.5% YoY

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

Transportation

Distance to Subway
Closest station Jefferson St & Wyckoff Ave at NW Corner
Station lines L
Distance (miles) 0.586
View subway map
Bus Routes
Name Metropolitan Av/Churchill Furn
Line Q54
Distance (miles) 0.049

Neighbors for 48-05 Metropolitan Avenue #1, Ridgewood

Here are the neighbors for Storage Post - 48-05 Metropolitan Avenue #1, Ridgewood, NY 11385.

Address Square feet Purchase date Purchase price
57-12 Grand Ave, Maspeth 14,500 10/15/2014 $2,250,000
58-94 54th St, Maspeth 16,000 08/30/1995
58-10 55th St, Maspeth 3,500 08/23/2005
48-25 B Metropolitan Ave, Ridgewood 25,800
52-02 Grand Ave, Maspeth 87,053 01/15/1987
49-00 Grand Ave, Maspeth 27,000 03/16/2000
58-67 54th St, Maspeth 8,514 10/13/2016 $2,200,000
59-21 57th St, Maspeth 7,500 10/16/1991
101-58 57th St, Maspeth 1,147 11/20/2001
49-01 Metropolitan Ave, Ridgewood 03/28/1997
48-25 A Metropolitan Ave, Ridgewood 39,000 02/09/2010 $1
59-01 57th St, Maspeth 3,300 06/04/2015 $4,800,000
57-35 Flushing Ave, Maspeth 10,000 06/04/2015 $4,800,000
59-11 54th St, Maspeth 05/06/2019
52-19 Flushing Ave, Maspeth 45,299 07/16/2014 $286,548
59-32 55th St, Maspeth 11/05/2024 $850,000
59-45 54th St, Maspeth 5,000 06/27/2007
59-12 54th St, Maspeth 13,810 05/06/2019
59-08 54th St, Maspeth 02/17/1976
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