3440-3448 Boston Road, Bronx NY

April 2020 – Ed Graf of Houlihan-Parnes Realtors, LLC has arranged for 1st mortgage re-financing for a single tenant Dialysis Center. The property contains 10,302 square feet of rentable space, and is located at 3440-3448 Boston Road, Bronx, New York.

The non-recourse loan for $3,500,000 is fixed at 3.9% for seven 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.