River Ridge Condominiums

River Ridge Condominiums is a condo located 78 Ridge Street, in Lower East Side, New York. The building was first built in 1930 and is 94 years old. It was first renovated and altered in 2006. The lot that the building was built on is 100 feet wide and 125 feet long. The official lot area is listed as 12,531 square feet. The building itself is 100 feet wide and 125 feet long. In total, 78 Ridge Street has a total floor area of 45,289 square feet. Of that, 45,289 square feet are used for residential purposes. There are a total of 46 units. Of those, 46 are residential units. There are no commercial units in this building. 78 Ridge Street has a total of 6 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Both dogs and cats are allowed in the building! There are 44 closings on record, of which we have matching data for 20 listings. In the past 3 years, a listing in this building will typically remain on the market for about 163 days and tend to sell above the original asking price of $882,750 by 0.53%. Meaning, listings tend to sell at a median of $1,442 price per square foot. The transaction that took the longest to complete was unit 2E, listed on Aug 13, 2020 for $995,000. This particular unit ultimately sold 350 days later for $875,000. The most recent transaction was for unit 2E, which was first advertised on Aug 13, 2020, sold for $875,000 on Jul 29, 2021. Fun fact, the oldest transaction we have on record took place on Jun 20, 1966. See the full transaction history for River Ridge Condominiums below.

Lower East Side, where 78 Ridge Street is located, has a median asking price of $2,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $882,750. For interested buyers, that means the building's median asking price is around 0.58% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $897,500. It is a 740 sqft 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $859,000. It is a 850 sqft 2 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 1 one-bedroom, 1 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $878,250. Collectively, the median square footage of these active units for sale is 795 sqft. Active units for sale at 78 Ridge Street are mostly 1.5-bedroom apartments Active units for sale at 78 Ridge Street have a median count of 1.5 bedrooms and have a median count of 1 bathroom.