82 Bank Street, White Plains, NY

July 2021: Jeremiah A. Houlihan and James K. Coleman of Houlihan-Parnes Properties have arranged 1st mortgage financing in the amount of $5,750,000 for a 5-story brick apartment building containing 36 apartments and 4 ground floor stores located at 82 Bank Street, White Plains, NY.

The property is located at the corner of Fisher Ave at Bank Street, directly across the street from the US Post Office.  The property underwent a substantial upgrade and renovation in 1984 and has been recently improved with exterior upgrades.

The Loan was placed with a Westchester Savings Bank for a 5-year term at a competitive interest rate with a 6-month interest only component on a 30-yr amortization schedule.