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Meridian Investment Negotiates $29.8M Sale of Apartment Building in the Bronx

1555-Grand-Concourse-NYC

Located at 1555 Grand Concourse in the Bronx, the 139,000-square-foot building features 149 apartment units.

NEW YORK CITY — Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, has arranged the sale of an apartment property located at 1555 Grand Concourse in the Mount Eden neighborhood of the Bronx. Pistilli Realty Group purchased the building from Eric Silverstein for $29.8 million. Mark Steinmetz and Richard Velotta of Meridian represented the buyer and seller in the transaction. Built in 1927, the six-story, 139,000-square-foot building features 149 apartment units and was recently upgraded with renovated elevators, a new intercom system and a gas conversion.

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