21-29 Main Street, Haverstraw NY
June 2020: Ed Graf of Houlihan-Parnes Realtors, LLC has arranged for the first Mortgage, re-financing of a mixed- use property, located at 21-29 Main Street, Haverstraw, N.Y. The property consists of 4 residential units and 6 retail stores. The non-recourse loan in the amount of $880,000 is fixed for 5 years with a rate of 4.0%. The loan has a 5-year option. The par loan has a right to pre-pay with a 5% penalty in year 1 declining 1% a year, with no penalty the last three months of the term.