78 Ridge Street (The River Ridge)
78 Ridge Street, New York, NY 10002
BBL 1003437501 · BIN 1075794
- Year built
- 1930
- Type
- Condominium
- Units
- 46
- Floors
- 6
- Landmark
- No
- Pets
- Pet-friendly under condominium rules
- Subletting
- Permitted under the condominium declaration; confirm current terms at offer stage
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2008–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf (floor-adjusted)
- $851
- Listing discount
- 5.9%
- Recorded sales
- 41
- On record
- 2008–2025
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The River Ridge would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
The River Ridge is one of the Lower East Side's more distinctive loft conversions: a 1930 masonry building — historically a low-rise industrial structure at the foot of the Williamsburg Bridge — reimagined in 2007 as a 46-unit condominium. Its position is the headline. The building sits directly against the bridge approach, and east-facing and upper-floor residences capture bridge and East River sightlines that are unusual for the immediate block.
The conversion gave the pre-war shell a fully modern interior: oversized triple-pane windows, open loft-style floor plans, high ceilings, hardwood floors, and a marble lobby. The result is a boutique building that reads as contemporary inside while keeping the scale and brick character of the old Lower East Side outside.
For buyers, the River Ridge offers condominium flexibility at a Lower East Side price point below the neighborhood's newest glass towers, in a boutique building where floor, exposure, and outdoor access drive most of the pricing spread.
Architecture and unit composition
The 46 residences distribute across six stories and run from studios through one- and two-bedroom layouts, including duplex and penthouse configurations and some multi-level ground-floor spaces. The 2007 gut renovation is what defines the apartments: extra-large triple-pane windows that pull strong light into open plans, high ceilings, recessed lighting, and hardwood floors throughout.
Many residences carry private terraces or balconies, and outdoor access is one of the clearer value differentiators within the building. Interiors were delivered with modern kitchens and baths, and the lobby was finished in marble. As with any conversion, renovation condition varies apartment to apartment and factors into pricing.
Building operations
The River Ridge operates as a boutique condominium with a virtual doorman and video-intercom entry rather than a full-time attended lobby — typical for a 46-unit building of this scale. Services include an elevator, a central laundry room, a bike room, resident storage, and central air. Some residences also carry in-unit washer-dryers.
One structural point buyers should understand: since conversion, a meaningful share of units has historically been held by the sponsor and rented rather than sold, so the building has long carried a mix of resale condominiums and sponsor-owned rentals. That mix can affect owner-occupancy ratios and, in turn, financing on individual purchases — a diligence item worth confirming. As with any condominium, buyers should review current financial statements, the reserve position, board minutes, the owner-occupancy ratio, and any active or planned capital projects during due diligence.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Recent sales
As a condominium, the River Ridge is read on a price-per-square-foot basis, and the unit-level variables — floor, exposure, whether a residence has a terrace or bridge/river outlook, duplex or penthouse configuration, and renovation condition — drive most of the pricing spread. Studios and one-bedrooms trade at the lower end of the building; larger two-bedrooms, duplexes, and terraced units command the premium.
Because the small unit count means comparable sales are infrequent and heterogeneous, pricing is best read at the apartment level.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 30, 2025 | 6B | 2 BR · 2 BA · 972 sf | $1,323,725 | $1,362/sf | -5.1% |
| Mar 21, 2025 | 2C | 1 BR · 1 BA · 740 sf | $661,862 | $894/sf | off-mkt |
| Apr 15, 2024 | 2F | 2 BR · 1 BA · 850 sf | $828,750 | $975/sf | -3.5% |
| Dec 20, 2022 | 3D | 1 BR · 1 BA · 638 sf | $799,000 | $1,252/sf | +0.0% |
| Jul 29, 2021 | 2E | 1 BR · 1 BA · 641 sf | $875,000 | $1,365/sf | -12.1% |
| May 2, 2016 | 6A | 2 BR · 2 BA · 1,006 sf | $1,629,200 | $1,619/sf | +1.8% |
| Apr 15, 2016 | 2E | 1 BR · 1 BA · 641 sf | $942,000 | $1,470/sf | -0.8% |
| Apr 9, 2015 | 5G | 1 BR · 469 sf | $750,000 | $1,599/sf | +0.0% |
Market read. Most recent trades (2025) cleared a median $851/sf (floor-adjusted) across 2 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 5.9% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00343-7501). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
Closed rents at The River Ridge, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 3 | $3,600 |
4 closed leases, October 2023 to September 2026. Most recent lease July 2026. Based on few leases. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
The outlook is the differentiator. East-facing and upper-floor residences capture Williamsburg Bridge and East River sightlines. Confirm exactly what a given line sees, and whether newer neighboring construction affects it.
Outdoor access drives price. Terraces and balconies are a primary value variable here. Price against comparable units with — and without — private outdoor space.
Understand the rental mix. The building has historically carried sponsor-owned rental units alongside resale condominiums. Confirm the current owner-occupancy ratio and how it affects financing on your purchase.
Condition matters. Renovation quality varies apartment to apartment. Inspect kitchens, baths, and mechanicals and price against comparable condition.
Condo flexibility is real. 30–45 day closings; pied-à-terre, investment, LLC, trust, and foreign-buyer purchases are permitted under the declaration; subletting is allowed. Confirm current sublet rules with management at offer stage.
What to know if you’re selling
Lead with light, views, and outdoor space. The triple-pane windows, bridge/river sightlines, and private terraces are the marketing headline against generic Lower East Side inventory.
Presentation matters. Because condition drives the pricing spread, staging and preparation materially affect outcome.
Closing timelines are condo-fast. 30–45 days from contract to closing.
Comparable buildings
If you're considering 78 Ridge Street, also evaluate the broader Lower East Side condominium market, including nearby loft conversions and boutique new-construction condominiums along the Rivington, Delancey, and Orchard Street corridors. Comparable analysis should weight floor, exposure, outdoor access, and renovation condition rather than headline price alone.
More Lower East Side buildings
- 66 Clinton Street (Sixty Six Clinton) — 2021 condominium
- 71 Ludlow Street — 1900 condominium
- 75 Allen Street — 1900 condominium
- 84 Forsyth Street — 1900 condominium
- 100 Norfolk Street — 2016 condominium
- Blue (103 Norfolk Street) — 2007 condominium by SLCE Architects
The neighborhood
For the full corridor — architecture, transit, and pricing across Lower East Side — read The Roebling Team Guide to Lower East Side.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at The River Ridge?
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