Find Communities

Multifamily Ground-Up Construction

Harrison, NY

Multifamily - Ground-Up Construction

Back to all transactions

Harrison, NY

Multifamily Ground-Up Construction

MULTIFAMILY - GROUND-UP CONSTRUCTION

A 24-unit multifamily luxury rental property is coming soon to Harrison, N.Y., thanks to a $20 million loan funded by ACRES. Located in Downtown Harrison, within walking distance of a Metro-North train station, the property will be comprised of the following:

  • 15 townhouses
  • An average size of 2,300 square feet
  • Nine penthouses with private roof decks and fireplaces that will range in size from 1,500 to 2,000 square feet
  • Spacious two-bedroom and three-bedroom floorplans
  • Landscaped rooftop lounge, private rooftop cabanas for outdoor dining, 40 covered parking spaces, and direct access to ground-floor retail

Ranked as the fifth wealthiest suburb in the U.S. in 2018, Harrison offers a first-rate living environment without the taxes associated with homeownership in Westchester County.

$20 Million

Loan Amount

30 Months

Loan Term

Construction Loan

Loan Product

RELATED TRANSACTIONS

The Residences at Glen Harbor

CONDO - ACQUISITION

READ MORE

1118 Sycamore Street

MIXED-USE - ACQUISITION

READ MORE

1439 Peachtree NE

MIXED-USE - ACQUISITION

READ MORE