Sale secured for Halstead Tarrytown multi-family community on behalf of The DSF Group

Tarrytown, NY JLL Capital Markets has secured the sale of Halstead Tarrytown, a 300-unit multi-housing community.

The JLL Suburban Tri-State Capital Markets represented the seller, The DSF Group and procured the unnamed buyer.

Halstead Tarrytown offers access to I-287, the Tarrytown Metro North Station and is less than 30 miles north of New York City. The property's location in the highly-rated Irvington Public School district appeals to families and professionals seeking a suburban lifestyle with easy access to urban amenities.

Westchester County continues to be a sought-after market with strong fundamentals, a highly educated workforce and proximity to New York City. Tarrytown, in particular, has seen consistent demand for quality housing, with the local multi-housing market maintaining high occupancy rates.

Built in 1998, Halstead Tarrytown consists of 11 two-story buildings offering a mix of one- and two-bedroom apartments. The community presents a significant value-add opportunity, with all units featuring original finishes prime for renovation.

"The sale of Halstead Tarrytown demonstrates the continued investor interest in well-located, value-add multi-housing assets in strong suburban markets. The property's potential for unit renovations and future market-rate conversion make it an attractive investment in today's market," said Steve Simonelli, senior managing director. “Westchester County remains one of the strongest rental markets in the country. The premiere location and upside of Halstead Tarrytown was a special combination that drew offers from many national investors.”