Houlihan-Parnes Places Mortgage On White Plains Retail Property

Real Estate In-Depth | November 2016

124 East Post Rd White Plains

WHITE PLAINS— Houlihan-Parnes Realtors LLC  announced recently the placement of a $600,000 first mortgage on 124 East Post Road, a 5,576-square-foot building at the corner of Court Street and East Post Road in White Plains. The seven-year, non-recourse loan is fixed at 3.75% interest on a 30-year amortization schedule, plus has a five-year option.

The one-story retail building is fully occupied and includes the Kee Oyster House restaurant. The borrower was represented in the transaction by Christie Houlihan, and title was provided by First American Title