Investment Highlights

Institutional scale with operational leverage 699 units across four mid/high-rise buildings create rare scale in Westchester, driving efficiency, financing appeal, and strong exit optionality.

 Stable cash flow with embedded upside Portfolio is 96.8% occupied with 94.3% rent-stabilized units averaging 38.6% below market, supporting durable occupancy and long-term free-market upside from 36 market-rate units.

Diversified retail income stream The Portfolio includes 11 retail tenants anchored by Foodtown through 2036, alongside neighborhood dining and service operators.

Excellent regional connectivity Near three Metro-North stations with ~25-minute access to Grand Central, plus convenient access to major highways, employment hubs, and regional transit.

Demonstrated value-add potential Ownership has executed unit renovations and capital improvements that support permanent rent growth, with additional MCI upside tied to future building upgrades.

Team

Erik Edeen

Erik Edeen

Principal, Senior Director of U.S. Investment Sales
Avison Young - US - NY - New York
James Nelson

James Nelson

Principal, Head of U.S. Investment Sales
Avison Young - US - NY - New York
Will Suarez
Will Suarez
Principal
Avison Young - US - CT - Fairfield/Westchester
Brandon Polakoff

Brandon Polakoff

Principal, Head of NYC Investment Sales
Avison Young - US - NY - New York
Joseph Moran

Joseph Moran

Associate Director
Avison Young - US - NY - New York