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HFF-PA & NJ

Best of 2018: The Best Out of State Project or Deal


Halstead New Rochelle-New Rochelle, NY

Type of Project: Multifamily Renovation and Sale Size: 588 Units HFF represented The DSF Group in the sale of Halstead New Rochelle, which is a 40-story, class A apartment tower in New Rochelle, NY, to the buyers, Azure Partners and Harbor Group International, LLC. Halstead New Rochelle Metro North was completed in 2007 and comprises a mix of 95% occupied, market-rate studio through three-bedroom units averaging 956 s/f. The transit-oriented property, which has earned a Walk Score® of 97, is situated along Huguenot St. adjacent to the New Rochelle Metro North train station. DSF purchased the property in November 2013 and implemented an amenity renovation program, including the delivery of a 40th floor, state-of-the-art sports club, which includes cardio machines, free weights, weight machines, yoga studio, spin room and lounge.

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