Cuniberti of HP places $750,000 first mortgage and $200,000 line of credit

Houlihan-Parnes Realtors, LLC, represented by Michael Cuniberti, has placed a $750,000 first mortgage and $200,000 line of credit on the six-story elevator co-op building located at 575 Riverside Dr. The 10-year, non-recourse loan has a fixed rate of 5.59% on a 30-year schedule. The loan was placed without a lender fee. The borrower was represented by Alan Snider Esq. Houlihan-Parnes Realtors, LLC is a multi-faceted real estate investment company headquartered in White Plains. Its companies and affiliates are engaged in the acquisition and ownership of all types of commercial real estate investment property in the continental United States. Its various companies and affiliates specialize in commercial mortgage finance, investment sales, property management, leasing, mortgage servicing and consulting. For more information, please contact James Houlihan at (914) 694-6070, ext. 324 or by e-mail at: [email protected].