Parkledge in Younkers, NY
NEW YORK – CBRE Affordable Housing and CBRE's New York Institutional Group arranged the sale of Parkledge, an affordable housing community in Yonkers, NY. The 311-unit property sold to Hudson Valley Property Group (HVPG) for $48.3 million.
The property offers a mix of one-, two-, three- and four-bedroom floorplans, located 30 minutes from downtown Manhattan. The affordable housing community has maintained more than 97% occupancy since 2016.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
