2649 & 2651 Strang Blvd

Property Name: 2649 & 2651 Strang Blvd
Location: Yorktown Heights, NY
Property Type: Office
Transaction Type: Acquisition Financing
Loan Amount: $13,200,000
Details: Kelly Houlihan-Buckley and James J. Houlihan of Houlihan-Parnes Realtors, LLC are pleased to announce the placement of an acquisition loan and credit facility totaling $13,200,000 on two properties located at 2649-2651 Strang Boulevard, Yorktown Heights, New York. The properties are located at the confluence of Routes 202, 35, 118 and the Taconic State Parkway. The corporate park contains a total of 209,078 rentable square feet which will be managed and leased by GHP Office Realty. The interest only loan was placed with a local bank at an interest rate of 3.875% for a term of 3 years. The loan features a renewal option and flexible pre-pay schedule. The title was arranged by John Hughes and James Maloney of Great American Title. The borrower was represented by Elizabeth Smith of Goldberg Weprin Finkel Goldstein, LLP, as attorney.
More Info: James J. Houlihan at 914-694-6070 or contact me