2040 Forest Avenue

2040 Forest Avenue has about 152,000 square feet of floor area in total, including 152,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1992 as the year built, with a major alteration recorded in 2021. The building is 1 floor tall.

City records list 2000-2040 Forest Avenue and 2050-2060 Forest Avenue on the same tax lot (BBL 5016960008) as 2040 Forest Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

2040 Forest Avenue is in ZIP code 10303, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 2040 Forest Avenue, Staten Island, NY 10303, in Mariners Harbor.

The lot is in the C8-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.42 and a maximum commercial FAR of 1 for this lot.

No subway within a short walk of 2040 Forest Avenue: the nearest station is more than 1,600 meters away (about 20 minutes on foot before allowing for the street route). The closest subway station to 2040 Forest Avenue is Jefferson Av (the Staten Island Railway), about 4.0 miles away in a straight line; the street route is longer. Other ways around Mariners Harbor: Goethals Bridge to New Jersey; Staten Island Expressway (I-278); Local and express buses (no subway or Staten Island Railway). These are neighborhood connections, not directions from the building.

The NYC Department of Finance's 2026/27 assessment roll lists VORNADO FOREST PLAZA LLC as the owner of record of 2040 Forest Avenue (BBL 5016960008). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are recorded by the Richmond County Clerk; Staten Island records are not in ACRIS, the city's system for the other four boroughs.

2040 Forest Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 74.8 kBtu per square foot, 29% above the national median of 58 for a similar property. Its greenhouse gas emissions were about 870 metric tons of CO2e (5.27 kg per square foot).

At its 2024 energy use, 2040 Forest Avenue comes to about 765 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 2,198 tons for 2024 to 2029 (35% of the limit), so it would owe no penalty. From 2030 the limit drops to 686 tons and the same energy use counts as about 619 tons, still under the limit. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.

In the 12 months to October 2026, the Department of Buildings issued first permits for 3 jobs at 2040 Forest Avenue. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, was first permitted in April 2026 (construction; filed cost estimate $150,000). These are the Department of Buildings' DOB NOW work permits for tax lot 5016960008. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $11.1 million for 2040 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 $1.2 million a year, roughly $7.91 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 5016960008 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 2040 Forest Avenue at $29 million ($12.8 million of it land) and its assessed value at $13 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 29% from 2022/23 ($22.4 million) to 2026/27.

Owners registered 20 storefronts at 2040 Forest Avenue for December 31, 2024, the newest annual filing the city has published, and 5 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2024 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.

No space at 2040 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.