58-03 Metropolitan Avenue, Ridgewood, NY 11385 - Photo 1

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$1,390,000 Sale Pending

For Sale
Pending
Commercial

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Property Description

Located in the heart of Ridgewood is a great investment opportunity. A brick mixed use building is for sale. It is located in a busy commercial area with lots of people and cars. This three story brick building features two stores on the ground floor, six residential units, and a large basement. The building is in good condition and is fully occupied by good tenants who never miss a payment. The neighborhood is very safe and has convenient transportation, large supermarkets, diverse restaurants and cafes.

Full Property Details

Full Property Details for 58-03 Metropolitan Ave

General

Price: $1,390,000
Taxes: $15,294
Status: Pending
Type: Commercial
Source: Long_Island
MLS ID: 841823
Updated: 12/16/2025
Added to Site: 329 day(s) ago

Business

Business Type: Mixed

Location

County: Queens

Heating & Cooling

Cooling Type: Wall/Window Unit(s)
Heating Type: Baseboard, Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: See Remarks

Structural Information

Detached/Attached: Detached
Construction: Brick
Basement: Yes
Basement Desc.: See Remarks
Building Size: 4500
Square Feet: 4,500

Financial Considerations

Tax Amount: $15,294

Disclosures and Reports

Special Conditions: None

Listed by E Realty International Corp

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— 58-03 Metropolitan Ave —

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718-886-8110

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Schools

Schools serving 58-03 Metropolitan Ave

School District:New York City Geographic School District 24

Name	Grades	Distance
Is 93 Ridgewood 66-56 Forest Ave, Queens, NY 11385	6-8	0.5 mi
Grover Cleveland H.S. 21-27 Himrod St, Queens, NY 11385	9-12	0.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 58-03 Metropolitan Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/20/2025

Price Reduced

$1,390,000

-12.58%

MLS

5/12/2025

Price Reduced

$1,590,000

-11.17%

MLS

3/28/2025

Listed

$1,790,000

54.31%

MLS

9/16/2020

Sold

$1,160,000

—

Public Record

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 58-03 Metropolitan Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$15,294

—

$122,356

-64%

2024

$15,297

3%

$335,520

183%

2023

$14,810

10%

$118,465

-68%

2022

$13,462

8%

$375,750

12%

2021

$12,469

6%

$334,350

-9%

2020

$11,740

—

$367,650

11%

2019

$11,740

9%

$331,650

264%

2017

$10,737

—

$91,127

8%

2017

$10,737

7%

$84,418

8%

2016

$10,081

8%

$78,192

8%

2015

$9,327

1%

$72,400

—

2014

$9,214

6%

$72,400

3%

2013

$8,723

—

$70,098

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Compass Greater NY LLC

58-03 Metropolitan Avenue, Ridgewood, NY 11385 (MLS# 841823) is a Commercial property. 58-03 Metropolitan Avenue is currently listed for $1,390,000 and was received on March 28, 2025. Want to learn more about 58-03 Metropolitan Avenue? Do you have questions about finding other Commercial real estate for sale in Ridgewood? You can browse all Ridgewood real estate or contact a Coldwell Banker agent to request more information.

58-03 Metropolitan Ave Ridgewood, NY 11385