Brooklyn, NY Rockledge, led by David Kaye and Joe Listhaus, purchased 7201 Ridge Blvd. The corner elevator building consists of 59 units and spans over 46,000 s/f. The purchase price was $10.4 million which equates to $225 per s/f and $176,271 per unit.
Rockledge is currently in contract on multiple buildings throughout Manhattan, Brooklyn, Bronx, and Queens. Rockledge is searching for value-add, distressed, mismanaged, and vacant multi-family real estate in and around Manhattan.
For more information about Rockledge please visit www.rockledgecre.com