Self-storage building · Ridgewood, Queens

976 Cypress Avenue

Ridgewood, NY 11385

976 Cypress Avenue is a 4-floor self-storage building in Ridgewood, Queens, built in 2017, with about 109,000 square feet of industrial and storage space according to city records.

Industrial and storage space
109K SF
Floors
4
Year built
2017
Zoning
M1-4D

The 2nd largest of the 6 industrial and storage buildings we track in Ridgewood. Compare it with 5 neighbors

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Compared with its neighbors

How 976 Cypress Avenue compares

Next to the 5 nearest large industrial and storage buildings, all within a 8 minute walk, 976 Cypress Avenue ranks 2nd of 6 by industrial and storage floor area. Built in 2017, it is the newest of them. Its estimated property tax, about $8.40 a square foot of floor area before abatements, is above the neighbors' median of $4.44.

976 Cypress Avenue and the 5 nearest large industrial and storage buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingIndustrial and storage spaceFloorsBuiltTax / SFLast sale
976 Cypress AvenueThis building109K SF42017$8.40n/a
16-42 Weirfield Street1 min walk51K SF21930$4.29n/a
15-40 Covert Street4 min walk101K SF31930$6.80May 2006, $19.9M (2 lots)
10-19 Irving Avenue5 min walk69K SF21928$4.44Nov 2013, $8M
11-25 Wyckoff Avenue6 min walk92K SF31930$4.88Dec 2010, $13.6M
59-10 Decatur Street8 min walk216K SF51922$2.66n/a
The 2nd largest of the 6 industrial and storage buildings we track in Ridgewood: 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); 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
Self-storage building (city class E7)
Total floor area
109,400 SF
Commercial floor area
109,400 SF
Industrial and storage
109,400 SF
Height
4 floors
Year built
2017
Lot area
55,842 SF
Zoning district
M1-4D
Built FAR
1.96
Max commercial FAR
2
Tax lot (BBL)
4035510050

Nearest subway

  • Halsey St3 min walk · Not accessible
  • Seneca Av8 min walk · Not accessible
  • Forest Av9 min walk · Not accessible

Nearby large buildings

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; subway stations from the MTA Subway Stations dataset, pulled 2026-09-30. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates.

NYC Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists 976 CYPRESS HOLDINGS, LLC as the owner of record. For tax year 2026/27 the city values 976 Cypress Avenue at $18.8 million and assesses it at $8.47 million. After phase-ins and exemptions its taxable value is $8.47 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 $918,522 a year before abatements, roughly $8.40 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
976 CYPRESS HOLDINGS, LLC
Tax class
Class 4 (commercial and industrial)
City market value
$18,816,000
Land market value
$2,512,000
Assessed value
$8,467,200
Estimated yearly tax
About $918,522
Tax per SF of floor area
About $8.40

City market value by tax year

  • 2022/23$20.1 million
  • 2023/24$20.1 million
  • 2024/25$20.6 million
  • 2025/26$20.8 million
  • 2026/27$18.8 million

Market value fell 7% from 2022/23 ($20.1 million) to 2026/27.

How Ridgewood compares: property tax per SF across NYC neighborhoods

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 2026-09-30; 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 use and emissions

976 Cypress 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 9 kBtu per square foot, less than half the national median of 22.5 for a similar property. Its greenhouse gas emissions were about 95.8 metric tons of CO2e (0.82 kg per square foot).

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Self-Storage Facility
Site energy use intensity
9 kBtu/SF
National median for the type
22.5 kBtu/SF
Greenhouse gas emissions
95.8 t CO2e
Emissions per SF
0.82 kg CO2e
Floor area in the filing
117,150 SF

Energy sources in 2024

  • Electricity61%
  • Natural gas39%

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 2026-09-30; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.

Before you sign

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Questions about 976 Cypress Avenue

How big is 976 Cypress Avenue?

976 Cypress Avenue has about 109,000 square feet of floor area in total, including 109,000 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 976 Cypress Avenue built?

City records list 2017 as the year built. The building is 4 floors tall.

What is the ZIP code of 976 Cypress Avenue?

976 Cypress 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 976 Cypress Avenue, Ridgewood, NY 11385.

What is the zoning at 976 Cypress Avenue?

The lot is in the M1-4D zoning district. PLUTO lists a built floor area ratio (FAR) of 1.96 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 976 Cypress Avenue?

The closest subway station to 976 Cypress Avenue is Halsey St (the L train), about 800 feet away in a straight line, roughly 3 minutes on foot. Also nearby: Seneca Av (the M train), 8 min walk; Forest Av (the M train), 9 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 976 Cypress Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists 976 CYPRESS HOLDINGS, LLC as the owner of record of 976 Cypress Avenue (BBL 4035510050). 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.

Does 976 Cypress Avenue have an energy grade?

976 Cypress 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 9 kBtu per square foot, less than half the national median of 22.5 for a similar property. Its greenhouse gas emissions were about 95.8 metric tons of CO2e (0.82 kg per square foot).

What are the property taxes at 976 Cypress Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $8.47 million for 976 Cypress Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $918,522 a year, roughly $8.40 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 4035510050 show the actual bill.

What is the assessed value of 976 Cypress Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 976 Cypress Avenue at $18.8 million ($2.51 million of it land) and its assessed value at $8.47 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 7% from 2022/23 ($20.1 million) to 2026/27.

Is there industrial and storage space for lease at 976 Cypress Avenue?

No space at 976 Cypress 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.