Moshe Greenzweig Of Cedarbridge Management Acquires 84-Unit Multifamily In Bronx For $4.1M

A multifamily asset at 1050 Wheeler Avenue, located in the Soundview neighborhood of Bronx, has been sold for a total price of $4,100,000. The property features 84 residential units with a base square footage of 97,200 square feet, resulting in a price per unit of $48,810 and a price per square foot of $62.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,100,000
• Units: 84
• Base Square Feet: 97,200
• Price per Unit: $48,810
• Price per Square Foot: $62
• Sale Date: 03/31/2026
• Buyer: Moshe Greenzweig - Cedarbridge Management
• Seller: Esquire Bank

Cedarbridge Management, through Tyh Wheeler LLC, completed the acquisition of the property as part of a REO deal following a deed-in-lieu of foreclosure. This transaction aligns with their portfolio expansion strategy in the multifamily real estate market.