Luxury multi-family community in White Plains trades hands

MORRISTOWN, N.J., Nov. 6, 2024 -  JLL Capital Markets announced today that it has secured the sale of The Halden, a newly-constructed 303-unit luxury multi-housing community in White Plains, New York.

The JLL Suburban Tri-State Capital Markets team worked on behalf of the sellers and procured the undisclosed buyer.

The Halden, strategically located at 1137 Westchester Ave., near I-287 and the Hutchinson River Parkway, offers direct access to downtown White Plains in affluent Westchester County. Situated in an area with an average household income of $297,646 within a one-mile radius and average home values of $722,573, this luxury apartment complex features scenic golf course views, proximity to upscale amenities and convenient access to public transportation, providing an ideal blend of suburban living and urban accessibility.

Completed in 2023, The Halden is currently 96% occupied. The five-story, mid-rise community offers a mix of one-, two- and three-bedroom units, with an average apartment size of 999 square feet. All units are equipped with white and cream quartz countertops, luxury vinyl plant flooring, backlit mirrors in the bathrooms, stacked tile shower and surround, stainless steel appliance and flat panel cabinetry. Residents can enjoy amenities such as a clubroom, conference room, bike storage, café and lounge, a fitness center, package concierge, pool and outdoor lounge seating and a pet spa.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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