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
About this deal
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.
On the Map
$870,000
$483/SF
Note / Loan
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Players
Ardsley Note / Loan Market Snapshot
Boundary boundary · Note / Loan · Loan transactions
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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