RIDGEWOOD’S INDUSTRIAL GEM 10-80 Wyckoff Ave
49,000 SF Vacant Industrial Building Ridgewood, NY 11237 $25,000,000 ($510/SF)
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INVESTMENT HIGHLIGHTS
- Situated in Ridgewood, Queens, just across the Brooklyn border.
- Accessible by major truck routes, thoroughfares, and highways.
- Column Spans: 45’ to 50’ spans east-west; approximately 20’ spans north-south.
- Within the Ridgewood IBZ, allowing robust industrial usage and financial incentives.
- Building Size: 48,970 SF, single-story warehouse including a 2,263 SF mezzanine area.
- Easily retrofitted for industrial, warehousing, production, sound stage, signage or certain community facility uses.
EXECUTIVE SUMMARY
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.
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.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
AMENITIES
- Front Loading
- Mezzanine
- Signage
- Storage Space
UTILITIES
- Water - City
- Sewer - City
- Heating - Oil (Fired)
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Walk Score®
Walker's Paradise (93)
Transit Score®
Rider's Paradise (95)
PROPERTY TAXES
Parcel Number | 03541-0023 | Improvements Assessment | $1,237,050 |
Land Assessment | $767,700 | Total Assessment | $2,004,750 |
ZONING
Zoning Code | M1-4 (M1 - Light industrial with offices, hotels, and most retail uses permitted) |