Greenburgh Shopping Center

Property Name: Greenburgh Shopping Center
Location: Greenburgh, NY
Property Type: Retail
Transaction Type: First Mortgage
Loan Amount: $4,000,000
Details: Houlihan-Parnes Realtors, LLC, is pleased to announce the placement of a $4,000,000 first mortgage on the 62,000 s.f. Greenburgh Shopping Center located at 77-97 Knollwood Road, in Greenburgh, Westchester County, New York. The 5-year, non-recourse loan has a fixed rate of 4.50% with a 30-year amortization schedule. The loan, closed with a local Bank, is prepayable throughout the term on a declining scale and the Borrower has an option to extend the loan for an additional 5 years. The Borrower was represented in the transaction by Elizabeth Smith of Goldberg Weprin Finkel Goldstein LLP and title was provided by Jim Maloney of Chicago Title.
More Info: James J. Houlihan at 914-694-6070 or contact me