10-80 Wyckoff Ave - Warehouse FOR SALE


Ridgewood, NY 11237
$25,000,000 USD
718-475-4348
10-80 Wyckoff Ave, Ridgewood, NY for Sale
$25,000,000 USD
Warehouse - FOR SALE
1/10
null | Request Cap Rate

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10-80 Wyckoff Ave
Ridgewood, NY 11237


HIGHLIGHTS

  • Situated in Ridgewood, Queens, just across the Brooklyn border.
  • Within the Ridgewood IBZ, allowing robust industrial usage and financial incentives.
  • Accessible by major truck routes, thoroughfares, and highways.
  • Building Size: 48,970 SF, single-story warehouse including a 2,263 SF mezzanine area.
  • Column Spans: 45’ to 50’ spans east-west; approximately 20’ spans north-south.
  • Easily retrofitted for industrial, warehousing, production, sound stage, signage or certain community facility uses.

OVERVIEW

The Nowak Group of Marcus & Millichap is pleased to exclusively list the sale of 10-80 Wyckoff Avenue, a prime 49,000 square-foot industrial property situated on a 56,700-square-foot corner lot in the vibrant Ridgewood section of Queens, just across the Brooklyn border. Located within the Ridgewood Industrial Business Zone (IBZ), this property benefits from excellent accessibility via the local network of truck routes connecting to major thoroughfares and highways. It is also only two short blocks from the Halsey Street “L” subway station, ensuring convenient transportation for both employees and clients. Built in 1960, the single-story, 48,970-square-foot building features 20’ uniform clear heights, 45’ column-to-column spans, and extensive frontage—approximately 198’ along Wyckoff Avenue and 319’ along Schaefer Street. A 2,263-square-foot mezzanine sits above a portion of the Ground Floor in the front of the building facing Wyckoff Avenue. The property offers ease of truck and container access for loading and unloading without competing with local traffic and includes three side yards totaling about 9,100 square feet for industrial outdoor storage, parking, or private freight loading/unloading. Currently configured with a food distribution facility and creative space utilized for music and film production studios, the property can be delivered entirely vacant, presenting a blank canvas for new ownership. Thanks to M1-4 zoning, there is potential to develop an additional 64,400 buildable square feet of air rights, and the original structural plans indicate that multiple-story construction could be cost-efficient for future redevelopment or expansion. This rare corner industrial offering in Ridgewood represents a prime opportunity to acquire a well-located asset with significant upside, including the ability to maximize air rights and reconfigure the interior for various creative or industrial applications.

FOR SALE DETAILS

PRICE

$25,000,000 USD

PRICE/SF

$510 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

RIDGEWOOD’S INDUSTRIAL GEM

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Refrigeration/Cold Storage

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

UTILITIES

Water - City, Sewer - City, Heating - Oil (Fired)

CLEAR CEILING HT

22 Ft

DOCKS

3

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.44

LAND SF

62,844

ZONING

M1-4

APN/PARCEL ID

03541-0023

ASK ABOUT THIS PROPERTY

Jakub NowakMarcus & MillichapMore Info
718-475-4348

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Jakub NowakMarcus & MillichapMore Info
718-475-4348

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.