Siena Village, Smithtown, NY

299 units, In-Place Rehab

Siena Village Apartments sits on 30 acres of developed land in a residential neighborhood and is considered a suburb of New York City. This rehabilitation of an existing senior residential community originally constructed in 1979 consists of 298 one-bedroom units and one two-bedroom unit in 18 two-story residential buildings plus one community building. 298 of the 299 units are restricted to senior residents aged 62 and older earning at or below 60% of the Area Median Income (AMI).

R4 Capital’s equity investment utilized 4% tax credits.

Tenancy

Senior