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Meridian’s Team Doshi Closes Sale of Kingsbridge Multifamily

Meridian’s Amit Doshi and Shallini Mehra closed on the sale of 3045 Godwin Terr., a six-story elevator building in the Bronx’s Kingsbridge neighborhood. The 68,610-square-foot property is currently configured with 74 apartments. The building sold for $8.6 million, or $125 per square foot. 

Doshi and Shallini Mehra represented both the buyer, Cedarbridge Management, and the seller, Godwin Realty Associates. 

“Many investors seek properties with a low basis, like this one which sold for $125 per square foot,” said Doshi. “The property had been under long-term ownership for 40-plus years. Built in 1940, the building features apartments with 1940’s Art Deco elements including sunken living rooms.” 

Mehra added, “3045 Godwin Terr. resides in the Kingsbridge neighborhood, known for its iconic architecture and sprawling green spaces. Kingsbridge is just north of Manhattan, offering tenants quick access to all of New York City.” 


Inside The Story

Meridian's Doshi and Mehra

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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