NEW ROCHELLE, NY-A subsidiary of Hartz Mountain Industries, 255 Huguenot Street Corp., secured an $80-million mortgage loan for the purchase of Avalon on the Sound here. The 412-unit, 24-story luxury apartment tower is located at 255 Huguenot St.

The class A apartment tower, formerly owned by Avalon, boasts an additional 5,400 square feet of retail, which is occupied by a dry cleaner, spac and coffee shop. There is also a six-story parking garage adjacent to the facility, which was also taken by the buyer.

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