This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/5
$2,300,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/5
Property Description
62-42 Forest Avenue, Ridgewood is an excellent mixed-use investment or owner-user opportunity located at the busy intersection of Forest Avenue and Metropolitan Avenue in Ridgewood, Queens. This property offers approximately 6,300 square feet of total space and benefits from strong foot traffic and convenient access to public transportation. The first floor features two commercial units: A vacant space of over 3,000 square feet, ideal for a wide range of uses such as retail store, supermarket, restaurant, or other commercial ventures. A second unit of approximately 850 square feet, currently occupied by pharmacy. The second floor consists of two residential units, both fully occupied: One 3-bedroom, 1.5-bath apartment One 1-bedroom, 1-bath apartment INVESTMENT HIGHLIGHTS * Prime corner location with high visibility * Strong foot traffic and active retail corridor * Value-add opportunity with large vacant commercial space * Ideal for investor or owner-user * Stable residential income * Convenient access to public transportation This property presents strong income potential with a mix of stable residential tenants and commercial upside through the large vacant retail space. Its prime corner location and high visibility make it attractive for both investors and owner-users seeking long-term growth and value.
Full Property Details
Full Property Details for 62-42 Forest Ave
General
- Price: $2,300,000
- Taxes: $32,000
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 989082
- Updated: Today (4/22/2026)
- Added to Site: Today
Business
- Business Type: Mixed, Residential, Retail
Location
- County: Queens
- Cross Streets: Harman Street
- Driving Directions: www.google.com/maps
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Partial, Unfinished
- Building Size: 6300
- Square Feet: 6,300
- Year Built: 1931
Lot Features
- Lot Size (Sq. Ft.): 7,100
Financial Considerations
- Tax Amount: $32,000
Disclosures and Reports
- Special Conditions: None
- Property ID: 03367-0040
- Block: 3367
- Lot Number: 40
Listed by Trademarko Realty Inc
Get Pre-Approved Today
Schools
Schools serving 62-42 Forest Ave
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 71 Forest 62-85 Forest Ave, Queens, NY 11385 | PK-6 | 0.1 mi |
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 62-42 Forest Ave
Date
Details
Price
Change
Source
4/22/2026
Listed
$2,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 62-42 Forest Ave
62-42 Forest Avenue, Ridgewood, NY 11385 (MLS# 989082) is a Commercial property. 62-42 Forest Avenue is currently listed for $2,300,000 and was received on April 22, 2026. Want to learn more about 62-42 Forest 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.

