Parkledge Apartments

Parkledge Apartments were built in 1971 and were originally financed through HUD under Section 236 of the National Housing Act. The community includes 310 one, two, three and four bedroom apartments for families. Towering, attractive, and affordable, Parkledge is located off the Saw Mill Parkway in Yonkers. It is convenient to public transportation and shopping and provides a secure living environment.

Parkledge Apartments
220 Yonkers Avenue
Yonkers, New York 10701
Phone: (914) 968-2660
Fax: (914) 968-0719

Office Hours: M-F 9:00 am-5:00 pm

Preservation Transaction Description

First Mortgage Financing: Tax-exempt bonds.

Equity Financing: Equity Raised through 4% low income tax credits.

Property Rehabilitation Scope

$14 million in total rehabilitation expenditures including:

  • Kitchen cabinets, countertops, appliances & flooring replacements
  • Bathroom vanity, water closet, lavatory & flooring replacements
  • Apartment carpeting
  • Common area flooring
  • Furnace and air conditioning replacement
  • New security system
  • Intercom system replacement
  • New site lighting

Other Benefits for Residents and the Community

Community room, computer center, playground, and a Resident Services Program