Williamsburg, Brooklyn

The Wave

The Wave is a 86-unit high-rise built in 2012 at 40 North 4th Street in Williamsburg, Brooklyn. We've seen 93 listings here since February 2026, with a one-bedroom asking a median of $5,750.
  • Built 2012
  • 86 units
  • Rent-stabilized units on record
  • Updated October 2026
1 bedroom ask
$5,750
median
Listings seen
93
since Feb 2026
Stabilized units
86
0 in 2007
HPD violations
1
last 12 months
Asking rents

What apartments at The Wave ask

Median asking rent by size across 93 listings seen between February 2026 and October 2026. From public rental listings Buzzedin tracks on StreetEasy, NYBits, LeaseBreak and others. Asking rents, not signed leases.

  • Studio$4,450$3,999 to $4,65010 listings
  • 1 bedroom$5,750$4,950 to $6,25018 listings
  • 2 bedrooms$6,450$5,950 to $7,85018 listings
  • 3+ bedrooms$8,450$7,450 to $10,95026 listings
Rent stabilization

Rent-stabilized units on record

Unit counts from NYC tax records, via JustFix's Who Owns What.

Latest

86

In 2007

0

Units

86

This means the building has rent-stabilized units, not that every apartment in it is stabilized or carries a legal rent. Always check a unit's status and rent history with DHCR before signing a lease.

Building conditions

1 HPD violation in the last 12 months

Housing code violations issued by NYC HPD, by class. Data as of October 15, 2026.

Class C

0

Immediately hazardous

Class B

0

Hazardous

Class A

1

Non-hazardous

1 open violation · 0 complaints in 12 months · 0 eviction filings in 12 months

Ownership

Who owns the building

From NYC HPD registration records, via JustFix's Who Owns What. Company names only.

Owner
Deegan Management
Portfolio
11 buildings · 571 units
Last sale
November 17, 2010
Features

What listings here mention

Building features that most listings at this address report.

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Nearby

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FAQs

Common questions

Is The Wave rent-stabilized?
NYC tax records list 86 rent-stabilized units at The Wave at 40 North 4th Street. That means the building has rent-stabilized units, not that every apartment in it is stabilized. Confirm a specific unit's status and rent history with DHCR before signing a lease.
How much is rent at The Wave?
Across 93 public rental listings Buzzedin tracks on StreetEasy, NYBits, LeaseBreak and others between February 2026 and October 2026, median asking rents were $4,450 for a studio, $5,750 for a one-bedroom, $6,450 for a two-bedroom, $8,450 for three or more bedrooms. These are asking rents from listings, not signed leases.
Who owns The Wave?
NYC HPD registration records link The Wave at 40 North 4th Street to Deegan Management, which is associated with 11 buildings and 571 units in NYC. Ownership data comes from JustFix's Who Owns What.
How many HPD violations does The Wave have?
HPD issued 1 violation at The Wave at 40 North 4th Street in the last 12 months, and 1 is currently open. Data as of October 15, 2026.