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42 Euclid Avenue

Broadview Funding Provides $870,000 Construction Loan To The Nocahc Family In Ardsley NY
FINANCEDNote / Loan

Broadview Funding Provides $870,000 Construction Loan To The Nocahc Family In Ardsley NY

42 Euclid Avenue

$870,000

$483/SF

Building Size

1,800 SF

Asset Type

Note / Loan

Closing

Mar 9, 2026

AI

The transaction involved a note/loan asset type with a loan amount of $870,000 for a mid-construction refinance located at 42 Euclid Avenue in Ardsley. The square footage of the asset is 1,800. The loan type is designated as construction.

Summary of transaction details:

  • Property Type: Note / Loan
  • Transaction Amount: $870,000
  • Lender: Broadview Funding
  • Landlord: The Nocahc Family
  • Broker: Isaac Blyakher - Blyakher Real Estate
  • Date of Transaction: 3/10/2026

Isaac Blyakher from Blyakher Real Estate represented the deal, facilitating the interactions between the involved parties. For inquiries or further engagement regarding future transactions, interested parties can reach out to Isaac at the provided email address.

Players

Isaac Blyakher
Verified Badge

Isaac Blyakher

Blyakher Real Estate

Broker

$68.5M

vol

18 deals

Broker
Broadview Funding
Broadview FundingLender

Ardsley Note / Loan Market Snapshot

Boundary boundary · Note / Loan · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

18.23%

Cash-on-Cash

-5.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93