175 Park Avenue
An office property in Madison, New Jersey. Securitized in 1 CMBS deal in 2018.
$135.0MAppraised value (latest deal)
100.0%Occupancy
$7.5MUnderwritten NOI
5.6%Implied cap rate
- Address
- 175 Park Avenue, Madison, NJ 07940
- Property type
- Office · Suburban
- Year built
- 1971
- Size
- 270,000 SF
- Sponsor
- Hampshire Partners Fund VIII, L.P.
- Loan purpose
- Refinance
- Largest tenant
- Realogy Operations
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| CD 2018-CD7 | 2018-08-24 | $135.0M | 100.0% | $7.5M | 5.6% | $35.0M | 63.0% | 1.60x | 424B |
More CMBS properties in New Jersey →
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%.