Updated Sep 8, 2026
Gantry Arranges $11.5 Million Refinance Loan For 740-Unit Self Storage Facility In Island Park
4055 Austin Boulevard
$11,500,000
Units
740
Asset Type
Self Storage
Closing
Jul 15, 2026
About this deal
AI
A loan was arranged to refinance a self-storage asset located at 4055 Austin Boulevard in Island Park, Long Island. This facility spans three stories and comprises 740 climate-controlled storage units.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: $11,500,000
- Loan Type: Refinance
- Brokers: Robert Slatt & Alex Poulos - Gantry
Gantry facilitated the refinancing, overseeing the arrangement of the $11.5 million loan utilized for the property, which is operated by Public Storage.
The self storage loan at 4055 Austin Boulevard in Island Park, New York financed for $11.5M in 2026. Reported inventory is 740 units across 740 units. Named participants on the 4055 Austin Boulevard loan are Robert Slatt, Alex Poulos. This page is the Island Park, New York file for the 4055 Austin Boulevard self storage financed: pricing, party profiles, and other closed self storage comps from the same Island Park sit in the Market section below. Filter that Island Park self storage set by closing date to see what else financed near 4055 Austin Boulevard around 2026. Published consideration for 4055 Austin Boulevard is $11.5M, dated 2026. Cite this Gantry Arranges $11.5 Million Refinance Loan For 740-Unit Self Storage Facility In Island Park loan when underwriting similar self storage product around Island Park, New York.
Players
Island Park Self Storage Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93