51 Van Cortlandt Park Ave, Yonkers, NY

July 2021 – Jeremiah A. Houlihan of Houlihan-Parnes Properties have arranged a loan secured by a 1st mortgage in the amount of $900,000 encumbering a property located at 51 Van Cortlandt Park Avenue, Yonkers, NY improved with a 3-story walk-up apartment building constructed in 1965.  There are 7 apartments and on-site outdoor parking spots.

The loan has a 7-yr fixed interest rate for a 14-yr term in the mid-3% range on a 30-yr amortization schedule.