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1080 New York Avenue

Silver Arch Capital Partners Provides $5.66M Loan To BGNYAVE LLC For 16-Unit Apartment Building
FINANCEDMultiFamily

Silver Arch Capital Partners Provides $5.66M Loan To BGNYAVE LLC For 16-Unit Apartment Building

1080 New York Avenue

$5,660,000

Units

16

Asset Type

MultiFamily

Closing

Aug 6, 2026

AI

The transaction involves a fully leased 16-unit apartment building located at 1080 New York Avenue in Huntington Station, Long Island. This property also features two ground-floor retail spaces, contributing to its appeal in the market. The asset received a loan amount of $5,660,000 from Silver Arch Capital Partners, indicating the significant financial backing for its continued operation and management.

Summary of transaction details:

Silver Arch Capital Partners structured the financing with a competitive interest rate, enabling BGNYAVE LLC to capitalize on future market opportunities and potential refinancing conditions. This detail highlights the strategic financial aspects of the deal, ensuring the landlord is well-positioned for future growth.

Players

Silver Arch Capital Partners
Silver Arch Capital PartnersLender

Huntington Station MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.80%

Cash-on-Cash

-0.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93