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HFF Closes $148.5M Sale of 25-Story Apartment Building in New Rochelle, New York

by Amy Works

NEW ROCHELLE, N.Y. — HFF has facilitated the sale of La Rochelle, a 25-story luxury apartment building located at 255 Huguenot St. in New Rochelle. Boston-based DSF Group acquired the 412-unit property from 255 Huguenot Street Corp. for $148.5 million. The property features 43 studios, 142 one-bedroom, 185 two-bedroom and 42 three-bedroom units, including loft-style apartments and penthouse suites. Additionally, the building features 6,000 square feet of ground-floor retail space, a 422-space parking garage and rights for the development of an additional 40-story residential tower. On-site amenities include an outdoor swimming pool with sundeck, clubroom with fireplace, conference room, state-of-the-art fitness center, yoga room and a landscaped courtyard with grilling area. Jose Cruz, Kevin O’Hearn, Michael Oliver, Stephen Simonelli and Andrew Scandalios of HFF represented the seller in the transaction.

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