Jeremiah A. Houlihan of Houlihan-Parnes Realtors, LLC has arranged a loan secured by a first mortgage in the amount of $500,000 encumbering a property located at 51 Van Cortlandt Park Avenue, Yonkers, NY improved with a 3-story walk-up apartment building constructed in 1965. There are 7 apartments and on-site outdoor parking spots.

The loan was placed with a Savings Bank at a 10-year fixed interest rate on a 25-year amortization schedule. The Lender charged a no commitment fee and the loan has a sliding scale penalty in the case of prepayment.