3408-3418 Boston Road, Bronx, NY

August, 2017- Ed Graf of Houlihan-Parnes Realtors, LLC has arranged a 1st mortgage re-financing for a one-story strip shopping center. The property contains 12,600 square feet of rentable space, and is located at 3408-3418 Boston Post Road, Bronx, New York .

The non-recourse loan for $2,125,000 is fixed at 4.0% for five years with a 30 year amortization schedule. The borrower has a 5 year option. The loan can be prepaid with a declining prepayment premium at a descending rate.