The Henry, a 169-unit multifamily community in the New York City suburb of Pomona, New York, has been sold for $63.7 million.
Completed in 2001 and partially renovated between 2015 and 2019, the property consists of townhouse-style apartments with private entrances and direct access garages, as well as three mid-rise elevator buildings with common hallways. The property’s amenity package includes a resident clubhouse, outdoor pool with sundeck, billiards room, fitness center and two basketball courts.
CBRE represented the seller, Harbor Group International LLC, and procured the buyer, JSB Capital.
“We are pleased to have represented HGI in the disposition of this asset,” said CBRE Vice Chairman Jeffrey Dunne. “The property has outperformed since HGI purchased the property in 2021 and the buyer’s renovation program should continue to attract a robust renter pool while pushing rents.”
