Lexington Capital Holdings buys Port Jefferson Station building for $3M to expand business

By Frankie DiAntonio’s count, his Long Island business loan brokerage firm, Lexington Capital Holdings, is his eighth company, and his most successful venture so far.

The CEO has grown Lexington Capital, which matches small-to-medium-size businesses looking for a loan with lenders, from just five employees in 2022 to 82 this year, DiAntonio said.

And just last month, he closed on a deal to buy a 16,000-square-foot office building at 1660 Rte. 112 in Port Jefferson Station for $3 million to serve as the company’s headquarters.

"The first few years were really tough. ... Each day was a dogfight to stay in business," DiAntonio, 27, said on Monday at the opening of his new Port Jefferson Station office.

Lexington Capital started out matching small businesses with loans totaling in the thousands of dollars, but now, "We fund nothing less than $15 million every single month for small-to-medium-sized businesses all across the United States," he said.

The move nearly doubles Lexington Capital’s footprint from the 10,000 square feet it leased at 2100 Middle Country Rd. in Centereach, DiAntonio said. His new property means Lexington Capital will have space to expand and hire more employees, which DiAntonio said he plans to do as soon as possible.

"This new corporate office is more than just concrete, glass and a beautiful building," Lexington Capital team lead Chris Coluccisaid. "It’s a powerful, tangible symbol of the incredible journey we have shared and the success we have achieved together."

DiAntonio, a graduate of Suffolk County Community College and Stony Brook University, grew up in Selden and said he opened his first business, an auto repair shop, when he was just 19. That experience gave him a taste for entrepreneurship, and he started and closed another handful of businesses before opening Lexington Capital, after a friend introduced him to the business loan brokerage industry.

He started Lexington Capital with just "three weeks of experience" with his friends and his sister Nicolette DiAntonio, head of independent sales organization relations for the firm. In its second month, Lexington Capital closed on its first deal for $71,000 worth of small business loans. Today, it brokers loans valued in the millions of dollars every month, Frankie DiAntonio said.

The company finds lenders for Long Island businesses, like the gym Sqrdup Fitness in Selden and staffing company Lethya Group in Plainview, Nicolette DiAntonio said.

Frankie DiAntonio said he plans to keep growing the business, most recently investing in real estate through a new company, Lexington Estates, that he founded to fix and flip homes.

Lexington Estates just closed on its first two properties, in North Carolina in October, Nicolette DiAntonio said.

Frankie DiAntonio hopes to use the new company to acquire as much real estate as he can, he said, but his main hope is to build Lexington Capital into a Fortune 500 company.

"I want to grow us as big as humanely possible," DiAntonio said. "It’s pretty surreal just looking back at our journey from the start until now."

CORRECTION:A previous version of this article misstated the location of the property. The building is in Port Jefferson Station.