14 Horatio Street Apartments Corp.
A multifamily property in New York, New York. Securitized in 1 CMBS deal in 2024.
$167.3MAppraised value (latest deal)
94.9%Occupancy
$6.3MUnderwritten NOI
3.8%Implied cap rate
- Address
- 14 Horatio Street a/k/a 54/60 8th Avenue a/k/a 12/18 Horatio Street, New York, NY 10014
- Property type
- Multifamily · Cooperative
- Year built
- 1960
- Size
- 155 Units
- Sponsor
- NAP
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK 2024-BNK48 | 2024-10-01 | $167.3M | 94.9% | $6.3M | 3.8% | $5.6M | 424B |
More CMBS properties in New York →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.