220-55 46th Avenue Owners, Inc.

A multifamily property in Bayside, New York. Securitized in 1 CMBS deal in 2017.

$96.7MAppraised value (latest deal)
95.0%Occupancy
$4.1MUnderwritten NOI
4.3%Implied cap rate
Address
220-55 46th Avenue, Bayside, NY 11361
Property type
Multifamily · Cooperative
Year built
1962
Size
312 Units
Sponsor
N/A
Loan purpose
Refinance

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BANK 2017-BNK52017-06-29$96.7M95.0%$4.1M4.3%$9.0M9.3%9.15x424B

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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%.