Houlihan-Parnes Places Mortgage On White Plains Retail Property
Real Estate In-Depth | November 14, 2016
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