Warehouse · Glendale, Queens
65-45 Otto Road
Ridgewood, NY 11385
65-45 Otto Road is a 1-floor warehouse in Glendale, Queens, built in 1969, with about 49,000 square feet of industrial and storage space according to city records.
Also at 66-11 Otto Road.
- Industrial and storage space
- 49K SF
- Floors
- 1
- Year built
- 1969
- Zoning
- M1-1
The 10th largest of the 15 industrial and storage buildings we track in Glendale. Compare it with 6 neighbors
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Compared with its neighbors
How 65-45 Otto Road compares
Next to the 6 nearest large industrial and storage buildings, all within a 11 minute walk, 65-45 Otto Road ranks 3rd of 7 by industrial and storage floor area. It went up in 1969; the median neighbor dates from 1969. Its estimated property tax, about $4.42 a square foot of floor area before abatements, is above the neighbors' median of $3.94.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 65-45 Otto Road | 49K SF | 1 | 1969 | $4.42 | n/a |
| 66-31 Otto Road | 86K SF | 2 | 1970 | $3.26 | Jun 2020, $40M |
| 66-35 Otto Road | 103K SF | 1 | 1970 | $4.01 | Jun 2020, $72M (2 lots) |
| 67-25 Otto Road | 42K SF | 1 | 1969 | $4.65 | Jun 2020, $72M (2 lots) |
| 66-25 Traffic Avenue | 44K SF | 2 | 1964 | $3.37 | n/a |
| 69-07 69th Place | 40K SF | 1 | 1969 | $3.87 | n/a |
| 72-42 60th Lane | 44K SF | 2 | 1970 | $5.55 | Apr 2015, $8.8M |
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 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other address
- 66-11 Otto Road
- ZIP code
- 11385
- Building type
- Warehouse (city class E1)
- Total floor area
- 70,700 SF
- Commercial floor area
- 70,700 SF
- Retail
- 1,623 SF
- Industrial and storage
- 49,077 SF
- Height
- 1 floor
- Year built
- 1969
- Last major alteration
- 2012
- Lot area
- 130,150 SF
- Zoning district
- M1-1
- Built FAR
- 0.54
- Max commercial FAR
- 1
- Tax lot (BBL)
- 4036670625
Nearest subway
- Fresh Pond Rd
- Middle Village-Metropolitan Av
- Forest Av
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 RIDGEDALE REALTY COMPANY as the owner of record. For tax year 2026/27 the city values 65-45 Otto Road at $6.6 million and assesses it at $2.97 million. After phase-ins and exemptions its taxable value is $2.88 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 $312,657 a year before abatements, roughly $4.42 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
- RIDGEDALE REALTY COMPANY
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $6,604,000
- Land market value
- $3,229,000
- Assessed value
- $2,971,800
- Taxable value (phased in)
- $2,882,160
- Estimated yearly tax
- About $312,657
- Tax per SF of floor area
- About $4.42
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 2026-10-09; 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.
Own or manage 65-45 Otto Road? List a space here free and we match it against every active requirement.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
65-45 Otto Road's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), 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 38.9 kBtu per square foot, 32% above the national median of 29.5 for a similar property. Its greenhouse gas emissions were about 219 metric tons of CO2e (3.09 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Non-Refrigerated Warehouse
- Site energy use intensity
- 38.9 kBtu/SF
- National median for the type
- 29.5 kBtu/SF
- Greenhouse gas emissions
- 219 t CO2e
- Emissions per SF
- 3.09 kg CO2e
- Floor area in the filing
- 70,700 SF
ENERGY STAR score by year
Energy sources in 2024
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 2026-10-09; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 65-45 Otto Road comes to about 183 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 415 tons for 2024 to 2029 (44% of the limit), so it would owe no penalty. From 2030 the limit drops to 125 tons and the same energy use counts as about 134 tons, about 9 tons over, or an estimated $2,400 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 415 t CO2e
- Estimated emissions
- 183 t CO2e
- Under the limit by
- 232 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 125 t CO2e
- Estimated emissions
- 134 t CO2e
- Over the limit by
- 9 t CO2e
- Estimated penalty a year
- $2,400
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Non-Refrigerated Warehouse 50,403 SF; Fitness Center/Health Club/Gym 20,297 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 65-45 Otto Road? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 65-45 Otto Road in the 12 months to October 2026; the last one was first permitted in February 2021.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- February 2021
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across GlendaleWhere 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.
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Questions about 65-45 Otto Road
How big is 65-45 Otto Road?
65-45 Otto Road has about 71,000 square feet of floor area in total, including 2,000 square feet of retail and 49,000 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 65-45 Otto Road built?
City records list 1969 as the year built, with a major alteration recorded in 2012. The building is 1 floor tall.
What other addresses does 65-45 Otto Road have?
City records list 66-11 Otto Road on the same tax lot (BBL 4036670625) as 65-45 Otto Road. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 65-45 Otto Road?
65-45 Otto Road 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 65-45 Otto Road, Ridgewood, NY 11385, in Glendale.
What is the zoning at 65-45 Otto Road?
The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.54 and a maximum commercial FAR of 1 for this lot.
What subway station is closest to 65-45 Otto Road?
The closest subway station to 65-45 Otto Road is Fresh Pond Rd (the M train), about 0.3 miles away in a straight line, roughly 6 minutes on foot. Also nearby: Middle Village-Metropolitan Av (the M train), 8 min walk; Forest Av (the M train), 14 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 65-45 Otto Road?
The NYC Department of Finance's 2026/27 assessment roll lists RIDGEDALE REALTY COMPANY as the owner of record of 65-45 Otto Road (BBL 4036670625). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Does 65-45 Otto Road have an energy grade?
65-45 Otto Road's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), 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 38.9 kBtu per square foot, 32% above the national median of 29.5 for a similar property. Its greenhouse gas emissions were about 219 metric tons of CO2e (3.09 kg per square foot).
Does 65-45 Otto Road meet Local Law 97?
At its 2024 energy use, 65-45 Otto Road comes to about 183 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 415 tons for 2024 to 2029 (44% of the limit), so it would owe no penalty. From 2030 the limit drops to 125 tons and the same energy use counts as about 134 tons, about 9 tons over, or an estimated $2,400 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 65-45 Otto Road?
The Department of Buildings issued no permits for new jobs at 65-45 Otto Road in the 12 months to October 2026; the last one was first permitted in February 2021. These are the Department of Buildings' DOB NOW work permits for tax lot 4036670625. 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 65-45 Otto Road?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.88 million for 65-45 Otto Road. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $312,657 a year, roughly $4.42 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4036670625 show the actual bill.
What is the assessed value of 65-45 Otto Road?
For tax year 2026/27, the NYC Department of Finance puts the market value of 65-45 Otto Road at $6.6 million ($3.23 million of it land) and its assessed value at $2.97 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 6% from 2022/23 ($6.23 million) to 2026/27.
Is there industrial and storage space for lease at 65-45 Otto Road?
No space at 65-45 Otto Road 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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