Office building · Ridgewood, Queens

10-02 Forest Avenue

Ridgewood, NY 11385

10-02 Forest Avenue is a 5-floor office building in Ridgewood, Queens, built in 1926, with about 45,000 square feet of office space according to city records.

Also at 71-02 Forest Avenue, 1836-1854 George Street and 1841-1853 Stephen Street.

Office space: 45K SF
Floors: 5
Year built: 1926
Zoning: C4-3A

Commercial space next to its nearest neighbors

59-10 Decatur Street4 min walk216K SF
17-14 Hancock Street4 min walk48K SF
10-02 Forest AvenueThis building45K SF

Compare it with 6 neighbors

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Compared with its neighbors

How 10-02 Forest Avenue compares

Next to the 6 nearest large commercial buildings, all within a 6 minute walk, 10-02 Forest Avenue ranks 5th of 7 by commercial floor area. It went up in 1926; the median neighbor dates from 1964. Its estimated property tax, about $8.18 a square foot of floor area before abatements, is above the neighbors' median of $4.60.

10-02 Forest Avenue and the 6 nearest large commercial buildings: size, floors, year built, estimated property tax per square foot
Building	Commercial space	Floors	Built	Tax / SF
10-02 Forest AvenueThis building	45K SFoffice	5	1926	$8.18
59-10 Decatur Street4 min walk	216K SFindustrial and storage	5	1922	$2.66
17-14 Hancock Street4 min walk	48K SFindustrial and storage	1	2008	$0.30
976 Cypress Avenue5 min walk	109K SFindustrial and storage	4	2017	$8.40
16-70 Weirfield Street5 min walk	41K SFindustrial and storage	1	1958	$4.90
72-42 60th Lane5 min walk	44K SFindustrial and storage	2	1970	$5.55
16-42 Weirfield Street6 min walk	51K SFindustrial and storage	2	1930	$4.29

Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other addresses: 71-02 Forest Avenue; 1836-1854 George Street; 1841-1853 Stephen Street
ZIP code: 11385
Building type: Office building (city class O2)
Total floor area: 44,900 SF
Commercial floor area: 44,900 SF
Office: 44,900 SF
Height: 5 floors
Average floor: About 9,000 SF (floor area divided by floors)
Year built: 1926
Last major alteration: 2001
Lot area: 31,000 SF
Zoning district: C4-3A
Built FAR: 1.45
Max commercial FAR: 3
Tax lot (BBL): 4035750033

Nearest subway

Forest Av7 min walk · Not accessible
Halsey St7 min walk · Not accessible
Seneca Av9 min walk · Not accessible

Nearby large buildings

16-18 Weirfield Street46K SF industrial and storage · 2 floors · 7 min walk
16-30 Cody Avenue37K SF industrial and storage · 2 floors · 8 min walk
10-60 Wyckoff Avenue42K SF industrial and storage · 1 floor · 8 min walk
11-25 Wyckoff Avenue92K SF industrial and storage · 3 floors · 8 min walk
15-40 Covert Street101K SF industrial and storage · 3 floors · 8 min walk
10-80 Schaeffer Street47K SF industrial and storage · 1 floor · 9 min walk
10-19 Irving Avenue69K SF industrial and storage · 2 floors · 9 min walk
54-32 Myrtle Avenue37K SF retail · 2 floors · 9 min walk

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.

NYC Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists RIDGEWOOD SVGS BK as the owner of record. For tax year 2026/27 the city values 10-02 Forest Avenue at $7.63 million and assesses it at $3.43 million. After phase-ins and exemptions its taxable value is $3.39 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $367,253 a year before abatements, roughly $8.18 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.

Owner of record: RIDGEWOOD SVGS BK
Tax class: Class 4 (commercial and industrial)
City market value: $7,631,000
Land market value: $2,015,000
Assessed value: $3,433,950
Taxable value (phased in): $3,385,440
Estimated yearly tax: About $367,253
Tax per SF of floor area: About $8.18

City market value by tax year

2022/23$7.09 million
2023/24$7.16 million
2024/25$7.19 million
2025/26$8.47 million
2026/27$7.63 million

Market value rose 8% from 2022/23 ($7.09 million) to 2026/27.

How Ridgewood compares: property tax per SF across NYC neighborhoods Estimate this tax bill, or a tenant's share of it

Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-09; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.

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NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 10-02 Forest Avenue in the 12 months to October 2026; the last one was first permitted in October 2022.

New jobs, last 12 months: 0
Initial permits, last 12 months: 0
Newest job first permitted: October 2022
Interior build-outs, last 24 months: 0

New jobs by year

20211
20221
20230
20240
20250
2026 to date0

Build-outs across Ridgewood Where NYC offices are being built out

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-09 (permits issued through 2026-10-06). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

Before you sign

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Questions about 10-02 Forest Avenue

How big is 10-02 Forest Avenue?

10-02 Forest Avenue has about 45,000 square feet of floor area in total, including 45,000 square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 10-02 Forest Avenue built?

City records list 1926 as the year built, with a major alteration recorded in 2001. The building is 5 floors tall.

What other addresses does 10-02 Forest Avenue have?

City records list 71-02 Forest Avenue, 1836-1854 George Street and 1841-1853 Stephen Street on the same tax lot (BBL 4035750033) as 10-02 Forest Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 10-02 Forest Avenue?

10-02 Forest Avenue is in ZIP code 11385, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 10-02 Forest Avenue, Ridgewood, NY 11385.

What is the zoning at 10-02 Forest Avenue?

The lot is in the C4-3A zoning district. PLUTO lists a built floor area ratio (FAR) of 1.45 and a maximum commercial FAR of 3 for this lot.

What subway station is closest to 10-02 Forest Avenue?

The closest subway station to 10-02 Forest Avenue is Forest Av (the M train), about 0.3 miles away in a straight line, roughly 7 minutes on foot. Also nearby: Halsey St (the L train), 7 min walk; Seneca Av (the M train), 9 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 10-02 Forest Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists RIDGEWOOD SVGS BK as the owner of record of 10-02 Forest Avenue (BBL 4035750033). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Is there construction at 10-02 Forest Avenue?

The Department of Buildings issued no permits for new jobs at 10-02 Forest Avenue in the 12 months to October 2026; the last one was first permitted in October 2022. These are the Department of Buildings' DOB NOW work permits for tax lot 4035750033. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

What are the property taxes at 10-02 Forest Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.39 million for 10-02 Forest Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $367,253 a year, roughly $8.18 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4035750033 show the actual bill.

What is the assessed value of 10-02 Forest Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 10-02 Forest Avenue at $7.63 million ($2.02 million of it land) and its assessed value at $3.43 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 8% from 2022/23 ($7.09 million) to 2026/27.

Is there office space for lease at 10-02 Forest Avenue?

No space at 10-02 Forest Avenue is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.

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Ridgewood

Transit hubs in Ridgewood

M at Forest Av
M at Seneca Av
M at Fresh Pond Rd
L at Halsey St