Park Plaza

Location: New Hyde Park, NY
Type: Retail
Price: $ 11,325,000

SMC’s $11,325,000 first mortgage loan refinanced existing debt on the Park Plaza retail center, which is a 76,455 SF, one and two-story multi-tenant neighborhood retail center in New Hyde Park, New York, approximately 90 miles north of New York City and 6 miles north of Poughkeepsie, NY. At closing, the Subject center was 83.8% leased to 17 total retail and office tenants and is anchored by Williams Lumber ACE Hardware and CVS.