400-422 East Sandord Blvd., Mount Vernon, NY 10550
August, 2017- Ed Graf of Houlihan-Parnes Realtors, LLC has arranged a 1st mortgage re-financing for a two-story retail building. The property contains 12,500 square feet of rentable space, and is located at 400-422 East Sanford Blvd., Mount Vernon, New York .
The non-recourse loan for $4,950,000 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.