12 Water Street

Property Name: 12 Water Street
Location: White Plains, NY
Property Type: Office
Transaction Type: First Mortgage
Loan Amount: $2,000,000
Details: Houlihan-Parnes Realtors, LLC is pleased to announce placement of new first mortgage in the amount of $2,000,000 on a 4-story office building located at 12 Water Street in White Plains, NY. The property is located one block from the White Plains Train Station. The building is leased by Con Edison who is currently completing an environmental clean up on the site. Elizabeth Smith of Goldberg Weprin Ustin was the attorney who represented the borrower. The title was insured by John Martin of All New York Title. Houlihan-Parnes Realtors, LLC is a multi-faceted real estate investment company headquartered in White Plains, N.Y. Founded in 1891, its companies and affiliates are engaged in the acquisition and ownership of all types of commercial real estate investment property in the continental United States. Its various companies and affiliates specialize in commercial mortgage finance, investment sales, property management, leasing, mortgage servicing and consulting. For more information, please contact James J. Houlihan at (914) 694-6070, ext. 324 or by e-mail at: jjh@houlihanparnes.com.
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