Warehouse · Ridgewood, Queens
47-05 Metropolitan Avenue
Ridgewood, NY 11385
47-05 Metropolitan Avenue is a 2-floor warehouse in Ridgewood, Queens, built in 1938, with about 148,000 square feet of industrial and storage space according to city records.
- Industrial and storage space
- 148K SF
- Floors
- 2
- Year built
- 1938
- Zoning
- M3-1
The 3rd largest of the 16 industrial and storage buildings we track in Ridgewood. Compare it with 6 neighbors
No space at 47-05 Metropolitan Avenue is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once. Nothing free right now? Get tenant alerts for Ridgewood and hear the moment a tenant posts a requirement there.
Compared with its neighbors
How 47-05 Metropolitan Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 5 minute walk, 47-05 Metropolitan Avenue is the largest by industrial and storage floor area. It went up in 1938; the median neighbor dates from 1928. Its estimated property tax, about $4.33 a square foot of floor area before abatements, is above the neighbors' median of $3.92.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 47-05 Metropolitan Avenue | 148K SF | 2 | 1938 | $4.33 | n/a |
| 47-40 Metropolitan Avenue | 52K SF | 2 | 1922 | Exempt | Mar 2014, $7.8M |
| 63-63 Woodward Avenue | 73K SF | 1 | 1922 | Exempt | n/a |
| 48-05 Metropolitan Avenue | 126K SF | 2 | 1930 | $0.80 | n/a |
| 49-29 Metropolitan Avenue | 51K SF | 1 | 1930 | $5.92 | Dec 2015, $13.8M |
| 18-19 Flushing Avenue | 54K SF | 2 | 1926 | $4.23 | n/a |
| 50-00 Grand Avenue | 74K SF | 1 | 1989 | $3.62 | n/a |
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); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- ZIP code
- 11385
- Building type
- Warehouse (city class E1)
- Total floor area
- 147,781 SF
- Commercial floor area
- 147,781 SF
- Industrial and storage
- 147,781 SF
- Height
- 2 floors
- Year built
- 1938
- Lot area
- 138,400 SF
- Zoning district
- M3-1
- Built FAR
- 1.07
- Max commercial FAR
- 2
- Tax lot (BBL)
- 4026110480
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03; subway stations from the MTA Subway Stations dataset, pulled 2026-10-03. 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 47-05 Metropolitan 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 Ridgewood
- 5.3%
- Share vacant along Metropolitan Avenue
- 0.7%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Need a storefront in Ridgewood? Get matchedStorefront vacancy across New York City
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-03. 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 CACTUS 47-05 METROPLITAN LLC as the owner of record. For tax year 2026/27 the city values 47-05 Metropolitan Avenue at $14.3 million and assesses it at $6.43 million. After phase-ins and exemptions its taxable value is $5.89 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 $639,343 a year before abatements, roughly $4.33 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
- CACTUS 47-05 METROPLITAN LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $14,284,000
- Land market value
- $2,043,000
- Assessed value
- $6,427,800
- Taxable value (phased in)
- $5,893,650
- Estimated yearly tax
- About $639,343
- Tax per SF of floor area
- About $4.33
City market value by tax year
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 2026-10-03; 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.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
47-05 Metropolitan Avenue reported an ENERGY STAR score of 14 out of 100 for 2023 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 248.4 kBtu per square foot, 50% above the national median of 165.8 for a similar property. Its greenhouse gas emissions were about 3,751 metric tons of CO2e (25.4 kg per square foot).
- ENERGY STAR score (2023)
- 14 of 100
- Grade this score earns (Local Law 33)
- D (under 55)
- Property type (Portfolio Manager)
- Supermarket/Grocery Store
- Site energy use intensity
- 248.4 kBtu/SF
- National median for the type
- 165.8 kBtu/SF
- Greenhouse gas emissions
- 3,751 t CO2e
- Emissions per SF
- 25.4 kg CO2e
- Floor area in the filing
- 147,781 SF
ENERGY STAR score by year
Energy sources in 2023
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 (2023 filing), pulled 2026-10-03; 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.
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Questions about 47-05 Metropolitan Avenue
How big is 47-05 Metropolitan Avenue?
47-05 Metropolitan Avenue has about 148,000 square feet of floor area in total, including 148,000 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 47-05 Metropolitan Avenue built?
City records list 1938 as the year built. The building is 2 floors tall.
What is the ZIP code of 47-05 Metropolitan Avenue?
47-05 Metropolitan 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 47-05 Metropolitan Avenue, Ridgewood, NY 11385.
What is the zoning at 47-05 Metropolitan Avenue?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.07 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 47-05 Metropolitan Avenue?
The closest subway station to 47-05 Metropolitan Avenue is Seneca Av (the M train), about 1.0 miles away in a straight line, roughly 20 minutes on foot. Walking times are straight-line estimates; the street route is longer.
Who owns 47-05 Metropolitan Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists CACTUS 47-05 METROPLITAN LLC as the owner of record of 47-05 Metropolitan Avenue (BBL 4026110480). 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 public in ACRIS, the city's property records system.
What is the energy grade of 47-05 Metropolitan Avenue?
47-05 Metropolitan Avenue reported an ENERGY STAR score of 14 for calendar year 2023 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 14 earns a D. 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 248.4 kBtu per square foot, 50% above the national median of 165.8 for a similar property. Its greenhouse gas emissions were about 3,751 metric tons of CO2e (25.4 kg per square foot).
What are the property taxes at 47-05 Metropolitan Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.89 million for 47-05 Metropolitan Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $639,343 a year, roughly $4.33 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4026110480 show the actual bill.
What is the assessed value of 47-05 Metropolitan Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 47-05 Metropolitan Avenue at $14.3 million ($2.04 million of it land) and its assessed value at $6.43 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 26% from 2022/23 ($11.3 million) to 2026/27.
Are there vacant storefronts at 47-05 Metropolitan Avenue?
Owners registered one storefront at 47-05 Metropolitan 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 industrial and storage space for lease at 47-05 Metropolitan Avenue?
No space at 47-05 Metropolitan 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