803 Wyckoff Avenue

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Address: 8-03 Wyckoff Ave, Ridgewood, NY 11385, USA
New York & Tri-State + Apartment Buildings
Created date: December 9, 2025
Date last updated: June 10, 2026
Price: $29,500,000Investment Analyzer NEW!
  • Significant Rent Upside Upon 421-a Expiration
  • - 803 Wyckoff’s RS units currently rent 14% below market for 1BRs, 18% below market for 2BRs, and 24% below market for 3BRs. Meaningful rent growth opportunity as units mark to market once the 421-a abatement expires in 2034
  • Exempt From Good Cause Eviction
  • - Upon burn off of the 421a Abatement all units are exempt from capped rental growth (lower of inflation + 4% or 10%) through 2048
  • Favorable Amenity Package
  • - The building offers a variety of luxury amenities, including a sprawling co-working and business center, a fully built-out fitness center, a media and gaming lounge, onsite parking, bike storage and rooftop terrace with built in seating and stunning views of both the Bushwick and Manhattan skylines
  • 8 Years Remaining Of 421-a Benefits
  • - 15-year 421a Tax Abatement with 8 years remaining, expires in 2034

Property Description

Avison Young, as the exclusive agent, is pleased to offer for sale 803 Wyckoff Avenue (the “Property”), also known as “The Arcade,” located on the blockfront of Wyckoff Avenue between Cornelia Street and Putnam Avenue at the intersection of Bushwick, Brooklyn and Ridgewood, Queens. This 5-story, new construction multifamily elevator building with 410 feet of wraparound frontage was completed in 2018 with a 15-year 421a tax abatement that expires in 2034. Designed by award-winning architects, the Property consists of one-bedroom, two-bedroom and three-bedroom layouts across 54 residential units, 23 parking spaces, and an array of amenities across approximately 62,564 gross square feet.
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Broker Details

Fritz Richter
Fritz Richter

Avison Young - US - NY - New York (212) 735-8554

Broker Details

Patrick Madigan
Patrick Madigan

Avison Young - US - NY - New York 212 729 1623

Broker Details

Joseph Moran
Joseph Moran

Avison Young - US - NY - New York 917 842 6051

Broker Details

Miles Davis-Bosch
Miles Davis-Bosch

Avison Young 212 277 5557

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Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $29,500,000
Lot Size: 62,564.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: 803 Wyckoff Avenue, Queens, NY , USA
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