JLL Capital Markets facilitates sale of The Halden, a newly-constructed premium complex in Westchester County, New York
News release
06 November 2024
Luxury multi-family community in White Plains trades hands
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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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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 110,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.