Queens » 11385 » Metropolitan Ave » 4805 Metropolitan Ave

48-05 Metropolitan Avenue #2, Ridgewood, NY 11385 - Property report

Also known as: 48-05 Metropolitan Ave #2

Property image for 48-05 Metropolitan Avenue #2, Ridgewood, NY 11385

Property type

Warehouse/Factory/Industrial (RW)

Year built

2009

Lot sq. ft.

14,400

Sale price

$23,912,133

General information

Address

Primary address

48-05 Metropolitan Avenue #2

ZIP code

11385

Neighborhood

Maspeth

Borough

Queens

Block & lot

02611-1002

Building

Property type

Warehouse/Factory/Industrial (RW)

Unit sq. ft.

126,235

Buildings on lot

Stories

Year built

2009

Last altered

2019

Sales

Sale date

12/20/2012

Sale price

$23,912,133

Tax

Tax year

2026-2027

Property tax

$100,375

Tax class

Zoning & Use

Commercial units

Lot

Lot sq. ft.

14,400

Area overview

Walk score

80 /100. Very Walkable

Transit score

77 /100. Excellent Transit

Bike score

69 /100. Bikeable

School district

Community district

Closest police station

1.06 Miles

Closest fire station

0.49 Miles

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

Ownership

Ownership information for 48-05 Metropolitan Avenue #2, Ridgewood, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 48-05 Metropolitan Avenue #2, Ridgewood, NY 11385

Sale date	Sale price	Buyer name	Seller name
12/20/2012	$23,912,133	XX XXX XXX X XXX	XXXXXX XXXXXXX XXXX XXXXXXXXX XXXXXXX XXX
02/29/2008	$10,653,252	XXXXXX XXXXXXX XXXX XXXXXXXXXXXX XXXXXX XXX	XXXXXXXX XXXXXXX XXXXXXXXXX XXXXX XXX
01/10/2006	$5,300,000	XXXXXXXX XXXXXXX XXXXXXXXXX XXXXX, XXX	XXXX XXXXXXXXXXXX XXXXXX, XXX XXX XXXXXXXXXXXX XXXX XXXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
05/05/2026 - R 04/05/2026 - D	Easement (2026050100459001)	XXXX XXXX XXX	XX XXX XXX XXXXXXXXX XXX
03/18/2026 - R	UCC3 Termination (2026031700864001)	XX XXX XXX XXXX XXXXXX XXXX XXX	XXXXXXXX XXXXX XXXX X X XX XXXXXXXXXXXXXX XXXXX
12/16/2025 - R	Initial UCC1 (2025121201046003)	XX XXX XXX XXXXXXXXX XXX	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
12/16/2025 - R	UCC3 Termination (2025121201045004)	XX XXX XXX XXXX XXXXXX XXXX XXX	XXXXXXXX XXXXX XXXX X X
12/16/2025 - R 12/01/2025 - D	Mortgage and Consolidation (2025121201046002)	XX XXX XXX XXXXXXXXX XXX	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
12/16/2025 - R 12/01/2025 - D	Assignment, Mortgage (2025121201046001)	XXXXXXXX XXXXX XXXX X X	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
12/14/2022 - R	Initial UCC1 (2022121300851001)	XX XXX XXX XXXX XXXXXX XXXX XXX	XXXXXXXX XXXXX XXXX X X XX XXXXXXXXXXXXXX XXXXX
12/09/2022 - R	UCC3 Termination (2022120700415001)	XX XXX XXX X XXX	X X XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX XXX XXX
12/22/2022 - R 12/01/2022 - D	Agreement (2022120901018004)	XX XXX XXX XXXXXXXXX XXX	XXXXXXXX XXXXX X X
12/22/2022 - R 12/01/2022 - D	Mortgage (2022120901018003)	XX XXX XXX XXXXXXXXX XXX	XXXXXXXX XXXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 48-05 Metropolitan Avenue #2, 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

$100,375

Municipal exemptions

Recent tax assessments

Market value

$15,398,000

Assessed value

$6,929,100

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	$15,213,000	$6,845,850	$630,000	10.848%	$677,830	$68,342	+0.80%
2024/25	$14,794,000	$6,657,300	$630,000	10.762%	$670,926	$67,801	+1.60%
2023/24	$14,053,000	$6,323,850	$630,000	10.592%	$657,067	$66,730	-0.51%
2022/23	$13,848,000	$6,231,600	$630,000	10.646%	$662,314	$67,070	-1.01%
2021/22	$11,519,000	$5,183,550	$630,000	10.755%	$557,491	$67,757	-42.53%
2020/21	$15,055,000	$6,774,750	$1,102,500	10.694%	$684,540	$117,901	+1.49%
2019/20	$14,452,000	$6,503,400	$1,102,497	10.537%	$638,065	$116,170	+0.22%
2018/19	$14,251,000	$6,412,950	$1,102,496	10.514%	$551,426	$115,916	+0.00%
2017/18	$14,206,000	$6,392,700	$1,102,493	10.514%	$466,825	$115,916	-0.57%
2016/17	$13,160,000	$5,922,000	$1,102,495	10.574%	$382,474	$116,578	-0.77%

Permits

Permit information for 48-05 Metropolitan Avenue #2, Ridgewood, NY

Filing date	Job type	Job status	Job description	Initial cost
10/16/2014	Sign
10/16/2014	Sign
10/16/2014	Sign
10/16/2014	Sign
04/25/2014	Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	06/10/2015	E-elevator
	06/10/2015	E-elevator
	06/04/2014	E-elevator

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Jefferson St & Wyckoff Ave at NW Corner

Station lines

Distance (miles)

0.586

View subway map

Access the detailed traffic volume map for 48-05 Metropolitan Avenue #2, 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

Neighbors for 48-05 Metropolitan Avenue #2, Ridgewood, NY

57-12 Grand Ave, Maspeth 58-94 54th St, Maspeth 58-10 55th St, Maspeth 48-25 B Metropolitan Ave, Ridgewood 52-02 Grand Ave, Maspeth 49-00 Grand Ave, Maspeth 58-67 54th St, Maspeth 59-21 57th St, Maspeth 101-58 57th St, Maspeth 49-01 Metropolitan Ave, Ridgewood 48-25 A Metropolitan Ave, Ridgewood 59-01 57th St, Maspeth 57-35 Flushing Ave, Maspeth 59-11 54th St, Maspeth 52-19 Flushing Ave, Maspeth 59-32 55th St, Maspeth 59-45 54th St, Maspeth 59-12 54th St, Maspeth 59-08 54th St, Maspeth

Frequently asked questions

What is the year built for 48-05 Metropolitan Avenue #2, Ridgewood, NY 11385?

The development at 48-05 Metropolitan Avenue #2, Ridgewood, NY 11385 was built in 2009.

What is the market value of 48-05 Metropolitan Avenue #2, Ridgewood, NY 11385?

The current market value of 48-05 Metropolitan Avenue #2, Ridgewood, NY 11385 is $15,398,000.

What is the total square footage of 48-05 Metropolitan Avenue #2, Ridgewood, NY 11385?

48-05 Metropolitan Avenue #2, Ridgewood, NY 11385 has a total of 126,235 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.