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Ridge Holding Corp. Sells 73-Unit Apartment Complex in the Bronx for $14 Million

Private Investor Snags Six-Story Multifamily Complex
July 30, 2018
Locally-based Investor Ridge Holding Corp. sold a 73-unit complex at 1459 Wythe Pl. in the Bronx to a private investor taking title as 1459 Wythe A LLC for $14 million, or about $192,000 per unit.

Located within the Mount Eden neighborhood, the building was originally constructed in 1929. The Wythe Pl. apartment complex offers one-bedroom floorplans averaging 713 square feet, according to CoStar data.

Amit Doshi, Shallini Mehra and Jonathan Shainberg of Bensen & Associates brokered the deal on behalf of the seller.

Please see CoStar COMPS #4432888 for more information on this transaction.
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