Big-box retail building · Mariners Harbor, Staten Island

2501 Forest Avenue

Staten Island, NY 10303

2501 Forest Avenue is a 1-floor big-box retail building in Mariners Harbor, Staten Island, built in 1997, with about 162,000 square feet of retail space according to city records.

Also at 2437 Forest Avenue, 2455-2501 Forest Avenue and 2437 GARAG Forest Avenue.

Retail space
162K SF
Floors
1
Year built
1997
Zoning
M2-1

Retail space next to its nearest neighbors

  1. 2501 Forest AvenueThis building162K SF
  2. 2040 Forest Avenue17 min walk152K SF
  3. 2239 Forest Avenue11 min walk144K SF
  4. 2161 Forest Avenue9 min walk91K SF

The largest of the 4 retail buildings we track in Mariners Harbor. Compare it with 3 neighbors

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Compared with its neighbors

How 2501 Forest Avenue compares

Next to the 3 nearest large retail buildings, all within a 17 minute walk, 2501 Forest Avenue is the largest by retail floor area. It went up in 1997; the median neighbor dates from 2003. Its estimated property tax, about $8.33 a square foot of floor area before abatements, is above the neighbors' median of $5.11.

2501 Forest Avenue and the 3 nearest large retail buildings: size, floors, year built, estimated property tax per square foot
BuildingRetail spaceFloorsBuiltTax / SF
2501 Forest AvenueThis building162K SF11997$8.33
2161 Forest Avenue9 min walk91K SF12004$5.11
2239 Forest Avenue11 min walk144K SF12003$4.84
2040 Forest Avenue17 min walk152K SF11992$7.91
The largest of the 4 retail buildings we track in Mariners Harbor: see the full list

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
2437 Forest Avenue; 2455-2501 Forest Avenue; 2437 GARAG Forest Avenue
ZIP code
10303
Building type
Big-box retail building (city class K8)
Total floor area
161,615 SF
Commercial floor area
161,615 SF
Retail
161,532 SF
Industrial and storage
83 SF
Height
1 floor
Year built
1997
Last major alteration
2008
Lot area
597,778 SF
Zoning district
M2-1
Built FAR
0.27
Max commercial FAR
2
Tax lot (BBL)
5013800155

Nearest subway

No subway within a short walk. The nearest station is more than 1,600 meters away (about a 20-minute walk before allowing for the street route).

  • Grant Cityabout 4.8 miles in a straight line · Not accessible

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)

Neighborhood connections, not directions from this building. Check the route for your trip.

Nearby large buildings

All 6 large retail buildings on Forest Avenue

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-11; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-11. 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 storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered one storefront at 2501 Forest Avenue for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.

Storefronts registered for December 31, 2024
1
Vacant that day
0
Share vacant across Mariners Harbor
14.3%
Share vacant along Forest Avenue
14.7%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 20190 of 1
  • 20200 of 1
  • 20210 of 1
  • 20220 of 1
  • 20230 of 1
  • 20240 of 1

Bars show the share of the lot's registered storefronts that stood vacant.

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-11. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2024 filing was due June 3, 2025, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.

NYC Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists HD DEVELOPMENT OF MARYLAND, INC. as the owner of record. For tax year 2026/27 the city values 2501 Forest Avenue at $30.1 million and assesses it at $13.5 million. After phase-ins and exemptions its taxable value is $12.4 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 $1.35 million a year before abatements, roughly $8.33 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
HD DEVELOPMENT OF MARYLAND, INC.
Tax class
Class 4 (commercial and industrial)
City market value
$30,058,000
Land market value
$7,173,000
Assessed value
$13,526,100
Taxable value (phased in)
$12,406,370
Estimated yearly tax
About $1.35 million
Tax per SF of floor area
About $8.33

City market value by tax year

  • 2022/23$23.6 million
  • 2023/24$28.8 million
  • 2024/25$29.2 million
  • 2025/26$28.4 million
  • 2026/27$30.1 million

Market value rose 27% from 2022/23 ($23.6 million) to 2026/27.

How Mariners Harbor compares: property tax per SF across NYC neighborhoodsEstimate 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 2026-10-11; 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.

Own or manage 2501 Forest Avenue? List a space here free and we match it against every active requirement.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

2501 Forest Avenue reported an ENERGY STAR score of 72 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 123.3 kBtu per square foot, 22% below the national median of 158.1 for a similar property. Its greenhouse gas emissions were about 832 metric tons of CO2e (6.72 kg per square foot).

ENERGY STAR score (2024)
72 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Retail Store
Site energy use intensity
123.3 kBtu/SF
National median for the type
158.1 kBtu/SF
Greenhouse gas emissions
832 t CO2e
Emissions per SF
6.72 kg CO2e
Floor area in the filing
123,800 SF

ENERGY STAR score by year

  • 202256 (C)
  • 202316 (D)
  • 202472 (B)

Energy sources in 2024

  • Natural gas98%
  • Electricity2%

Share of the energy used on site, as filed.

Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-11; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 2501 Forest Avenue comes to about 822 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 938 tons for 2024 to 2029 (88% of the limit), so it would owe no penalty. From 2030 the limit drops to 261 tons and the same energy use counts as about 807 tons, about 546 tons over, or an estimated $146,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
938 t CO2e
Estimated emissions
822 t CO2e
Under the limit by
117 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
261 t CO2e
Estimated emissions
807 t CO2e
Over the limit by
546 t CO2e
Estimated penalty a year
$146,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Retail Store 123,800 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.

Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.

Own or manage 2501 Forest Avenue? List a space here free and we match it against every active requirement.

NYC Department of Buildings permits

Work permits and build-outs

In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at 2501 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 August 2026 (construction; filed cost estimate $50,000).

New jobs, last 12 months
2
Initial permits, last 12 months
2
Newest job first permitted
August 2026
Interior build-outs, last 24 months
3
Floors with interior work, last 24 months
1

Recent build-outs

  • Floor 1August 2026Construction; est. $50,000
  • Floor 1, open space, roofJuly 2026Plumbing; est. $120,000
  • Floor 1July 2025Construction; est. $6,000; signed off

New jobs by year

  • 20210
  • 20221
  • 20231
  • 20240
  • 20251
  • 2026 to date2

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-11 (permits issued through 2026-10-09). 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

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

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Questions about 2501 Forest Avenue

How big is 2501 Forest Avenue?

2501 Forest Avenue has about 162,000 square feet of floor area in total, including 162,000 square feet of retail and 0 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 2501 Forest Avenue built?

City records list 1997 as the year built, with a major alteration recorded in 2008. The building is 1 floor tall.

What other addresses does 2501 Forest Avenue have?

City records list 2437 Forest Avenue, 2455-2501 Forest Avenue and 2437 GARAG Forest Avenue on the same tax lot (BBL 5013800155) as 2501 Forest Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 2501 Forest Avenue?

2501 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 2501 Forest Avenue, Staten Island, NY 10303, in Mariners Harbor.

What is the zoning at 2501 Forest Avenue?

The lot is in the M2-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.27 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 2501 Forest Avenue?

No subway within a short walk of 2501 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 2501 Forest Avenue is Grant City (the Staten Island Railway), about 4.8 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.

Who owns 2501 Forest Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists HD DEVELOPMENT OF MARYLAND, INC. as the owner of record of 2501 Forest Avenue (BBL 5013800155). 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.

What is the energy grade of 2501 Forest Avenue?

2501 Forest Avenue reported an ENERGY STAR score of 72 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 72 earns a B. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 123.3 kBtu per square foot, 22% below the national median of 158.1 for a similar property. Its greenhouse gas emissions were about 832 metric tons of CO2e (6.72 kg per square foot).

Does 2501 Forest Avenue meet Local Law 97?

At its 2024 energy use, 2501 Forest Avenue comes to about 822 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 938 tons for 2024 to 2029 (88% of the limit), so it would owe no penalty. From 2030 the limit drops to 261 tons and the same energy use counts as about 807 tons, about 546 tons over, or an estimated $146,000 a year unless the building cuts its emissions. 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.

Is there construction at 2501 Forest Avenue?

In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at 2501 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 August 2026 (construction; filed cost estimate $50,000). These are the Department of Buildings' DOB NOW work permits for tax lot 5013800155. 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 2501 Forest Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $12.4 million for 2501 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 $1.35 million a year, roughly $8.33 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 5013800155 show the actual bill.

What is the assessed value of 2501 Forest Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 2501 Forest Avenue at $30.1 million ($7.17 million of it land) and its assessed value at $13.5 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 27% from 2022/23 ($23.6 million) to 2026/27.

Are there vacant storefronts at 2501 Forest Avenue?

Owners registered one storefront at 2501 Forest Avenue for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.

Is there retail space for lease at 2501 Forest Avenue?

No space at 2501 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.

2,577 buildings from city records

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