Carraway at 105 Corporate Park Drive in West Harrison, New York — Courtesy: JLL
By Joshua Burd
The developer of more than 400 luxury apartments in Westchester County has listed the property for sale, in a newly launched offering by JLL’s Morristown-based capital markets team.
Located in West Harrison, New York, the complex known as Carraway is 95 percent occupied after hitting the market in 2021 with a mix of studio, one-bedroom and two-bedroom homes averaging 1,000 square feet, JLL said. It’s also less than a mile from Interstate 287 and under an hour from Manhattan by car or train, the brokerage team said, part of a region that has an average household income of $274,051 within a one-mile radius.
JLL added that the 421-unit property at 105 Corporate Park Drive is steps from the neighboring Wegmans and Life Time and a short drive from downtown White Plains, while major employers such as PepsiCo and IBM are easily accessible.
“Oversized floorplans position Carraway as the preferred choice for young families and empty nesters who prioritize space,” the listing team wrote in its marketing materials, adding that the project also has upscale amenities such as a clubroom with a large fireplace, a chef’s display kitchen, a pet spa, a yoga studio and a sports simulator.
JLL’s Jose Cruz, Steve Simonelli, Mike Oliver, Elizabeth DeVesty and Austin Pierce are spearheading the listing with support from Thomas E. Didio Jr. and Gerard Quinn of the firm’s debt and equity placement team group. They said Carraway provides would-be investors with “strong, predictable cash flow,” citing its residents’ average household income of $323,000 and the property’s 7,462 square feet of retail space, including 3,089 square feet that’s leased to the food hall concept Wonder and 3,286 square feet of vacant space.
