Pleasantville Investors LLC is an investment in a to-be-built four-story, 71-unit multi-family luxury rental apartment community in Pleasantville, New York. Located approximately 30 miles north of Manhattan, the city of Pleasantville is a 1.9 square mile Village located within the Town of Mt. Pleasant in wealthy Westchester County. Pleasantville has benefited from the latest societal trend of living in revitalized mixed-use transit oriented “downtowns.” While small in its physical boundaries, Pleasantville is a quintessential American town that has a centralized Main Street business district fraught with the essential ingredients for vibrancy. Those ingredients include pedestrian experience, mass transit, localized retail, restaurants, arts & culture and density. The pronounced center of town is marked by Memorial Plaza, which encompasses the Metro North Train Station, and is located one block from our site.
1 Vanderbilt, as the apartment community will be named will be a 71-unit, four-story 83,561 square foot apartment building with 104 parking spaces. The building will consist of 10 studios, 54 one-bedrooms, and 7 two-bedroom units. Additionally, there will be 2,500 square feet of amenity space consisting of a fitness center, resident package storage, work stations, and a TV lounge. The apartments will feature gourmet kitchens with Caesarstone countertops, engineered wood flooring, and contemporary fixtures throughout.
From a broader perspective, Pleasantville is referred to as the gateway to Northern Westchester County. The train commute to Grand Central Station in NYC is only 50 minutes on the Harlem Line while popular Hudson Valley attractions are just a few minutes away. Neighbored by affluent towns like Chappaqua, Armonk, Briarcliff Manor and Ossining, Pleasantville avails the opportunity for a more relaxed environment fostering artists as well as a newer younger generation of commuters.
This investment was made in August 2020.