4174 White Plains Road

Property Name: 4174 White Plains Road
Location: Bronx, NY
Property Type: Apartment/Multi-Family
Transaction Type: First Mortgage
Loan Amount: $4,774,000
Details: Houlihan-Parnes Realtors, LLC is pleased to announce the refinancing of a $4,774,000 first mortgage on the 12,000 s/f one-story retail building located at 4174 White Plains Road in the Bronx, New York. The five-year, non-recourse loan has a fixed rate of 3.75% with a 30-year amortization schedule. The loan, closed with a local bank, is prepayable throughout the term on a declining scale and the Borrower has an option to extend the loan for an additional five years. The Borrower was represented in the transaction by Elizabeth Smith of Goldberg Weprin Finkel Goldstein LLP.
More Info: James J. Houlihan at 914-694-6070 or contact me