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New York & Tri-State  + Uptown/Bronx  + Apartments  | 
4755 White Plains Road Bronx apartments

Rent Stabilized Bronx Apartments Fetch $15M

Rosewood Realty Group arranged the sale of an 83-unit Bronx apartment building for $14.8 million. The firm’s Aaron Jungreis, Ben Khakshoor and Alex Fuchs represented both the long-term seller, Ron Rettner, and the undisclosed buyer, identified as 4755WP LLC. 

The 87,900-square-foot building at 4755 White Plains Rd. features five retail spaces, 11 parking spaces, a laundry room and one antenna. It was built in 1939. 

The rent stabilized property sold for $168 price per unit, with a cap rate of 5.9% at 9.7 times the current rent roll.  

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-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 7-10 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 GlobeSt.com 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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