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Halstead New Rochelle Metro North Halstead New Rochelle Metro North, the tallest apartment building in Westchester County, sold for $259.4 million.

NEW YORK CITY—Value-add property near mass transit continues to grow as a popular strategy for real estate firms. The DSF Group sold the Halstead New Rochelle Metro North apartments to Azure Partners and Harbor Group International, LLC for $259.4 million. DSF had bought the 40-story, 588-unit apartment building that was built in 2007 in November 2013 for $210 million, according to Real Capital Analytics. The residential tower is located at 40 Memorial Highway in New Rochelle, Westchester County.

Betsy Kim

Betsy Kim is the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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