Queens
Commercial space in Ridgewood
Ridgewood's retail and restaurant space runs along Myrtle Avenue, Fresh Pond Road and Forest Avenue, served by the M train, with the L at the Brooklyn line. The blocks toward Bushwick and Maspeth hold warehouses and industrial lofts that continue the Brooklyn industrial belt into Queens.
- Commercial properties
- 1,183
- Retail stock
- 1.9M SF
- Median year built
- 1930
- Known for
- Retail, Restaurant, Industrial
Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market. More below.
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NYC tax lot records
The building stock in Ridgewood
What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.
- Commercial properties
- 1,183
- Office space
- 471K SF
- Retail space
- 1.9M SF
- Built before 1940
- 91%
Largest retail buildings
All 6 large commercial buildings in RidgewoodAge, height and zoning
- Median year built: 1930.
- Median height: 3 floors.
- Most common zoning districts: R6B (597), R5B (174), C4-3A (162). 14% of these lots are zoned for manufacturing.
- Historic districts: Central Ridgewood Historic District (58 lots), Ridgewood South Historic District (20 lots), Ridgewood North Historic District (17 lots).
- 1 lot is designated city landmarks.
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30. Counts cover tax lots with commercial floor area within about 0.7 mi of Ridgewood's commercial core, and each lot counts toward one neighborhood only, so boundaries are approximate. Building figures are the city's floor-area estimates, not available space.
MTA station data
Subway stations in Ridgewood
Every station within about 0.7 mi of Ridgewood's commercial core, closest first. Stations joined by a free transfer count once.
- Stations
- 4
- Subway lines
- 2
- Fully accessible
- 0 of 4
- Closest
- Seneca Av, 4 min walk
The 4 stations
- Seneca Av
- Forest Av
- Halsey St
- Fresh Pond Rd
Lines
The L and M trains stop within about 0.7 mi of Ridgewood's core.
Step-free access
- None of these stations is fully accessible. The closest accessible station is Middle Village-Metropolitan Av (M), about 1.1 miles from the core.
Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-09-30. Walking times are straight-line estimates from the nearest point of Ridgewood's commercial core (the same area as the building counts), so the street route is longer. Accessibility is the MTA's rating for the named station. PATH, LIRR, Metro-North and ferries are not in this data.
NYC Department of Finance
Commercial property taxes in Ridgewood
Of the 6 large commercial buildings Leasemark tracks in Ridgewood, 6 carry property tax on the city's 2026/27 assessment roll. Their median estimated tax is about $4.66 per square foot of floor area a year, before abatements.
Largest estimated bills
Across 6 taxed buildings
- The middle half pay between $4.33 and $6.32 a square foot of floor area a year.
- Queens median: $5.25 a square foot, across 168 large buildings Leasemark tracks.
- Median market value on the roll: about $135 a square foot. That is the city's valuation for tax, not a sale price.
35th highest of 36 NYC neighborhoods by tax per SFHow taxes show up in a lease
Source: NYC Department of Finance, Property Valuation and Assessment Data, 2026/27 roll, pulled 2026-09-30. Estimates are the taxable value after exemptions times the Class 4 rate of 10.848% (tax year 2025/26, the latest the city lists), divided by the building's floor area in PLUTO. They leave out abatements such as ICAP, payment-in-lieu-of-taxes agreements and charges, so actual bills differ. Large buildings only (50,000 SF and up in Queens).
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
Retail lease terms in New York: percentage rent, escalations and more
A New York retail lease covers much more than rent. Here is what percentage rent, escalations, pass-throughs, use clauses and restaurant terms mean for you.
Gross vs net leases in NYC: what tenants actually pay
Gross, modified gross or triple net: how NYC leases split taxes, operating costs and electricity, what the asking rent leaves out, and how to compare two spaces fairly.
How to read a New York commercial lease, clause by clause
Walk through a New York commercial lease clause by clause: rent start, escalations, deposit and guaranty, use, alterations, subletting, default and the end of the term.
Questions about Ridgewood
How much commercial space is there in Ridgewood?
New York City's PLUTO tax lot data (26v2) records about 5.5 million square feet of commercial floor area across 1,183 properties in the part of Ridgewood Leasemark covers, including about 471,000 square feet of office and about 1.9 million square feet of retail. The largest retail building by that measure is 3-36 St. Nicholas Avenue, at about 43,000 square feet. That is the existing building stock, not space currently available.
What subway lines serve Ridgewood?
Four subway stations sit within about 0.7 mi of Ridgewood's commercial core, served by the L and M trains. The closest is Seneca Av (M), roughly 4 minutes on foot; then Forest Av (M), Halsey St (L) and Fresh Pond Rd (M). Walking times are straight-line estimates from MTA station data.
Which subway stations in Ridgewood are accessible?
None of the four stations within about 0.7 mi of Ridgewood's commercial core is fully accessible, per the MTA. The closest accessible station is Middle Village-Metropolitan Av (M), about 1.1 miles from the core in a straight line.
How much are commercial property taxes in Ridgewood?
On the Department of Finance's 2026/27 assessment roll, the 6 large commercial buildings Leasemark tracks in Ridgewood that pay property tax come to a median of about $4.66 per square foot of floor area a year, with the middle half between $4.33 and $6.32. That is the taxable value after exemptions times the Class 4 rate of 10.848% (tax year 2025/26, the latest the city lists), before abatements such as ICAP. The largest estimated bill is 976 Cypress Avenue, about $918,522 a year. Many office leases pass a tenant's share of increases over a base year through as additional rent.
Do tenants in Ridgewood pay the NYC Commercial Rent Tax?
No. The Commercial Rent Tax only applies to space in Manhattan below 96th Street. It was repealed for Queens, so a commercial lease in Ridgewood does not pay it at any rent.
Is it free to post on Leasemark?
Yes. Posting a space or a requirement is free. Contact details are only shared when both sides accept an intro.
Getting there
- M at Forest Av
- M at Seneca Av
- M at Fresh Pond Rd
- L at Halsey St