237 East 34th Street
A multifamily property in New York, New York. Securitized in 1 CMBS deal in 2023.
$106.3MAppraised value (latest deal)
99.0%Occupancy
$5.2MUnderwritten NOI
4.9%Implied cap rate
- Address
- 237 East 34th Street, New York, NY 10016
- Property type
- Multifamily · High Rise
- Year built
- 2015
- Size
- 105 Units
- Sponsor
- Robert Gilardian and Albert Gilardian
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMO 2023-C4 | 2023-02-14 | $106.3M | 99.0% | $5.2M | 4.9% | $20.6M | 39.5% | 2.61x | 424B |
Historical NOI reported in BMO 2023-C4
| Period ending | NOI |
|---|---|
| 9/30/2022 | $4.6M |
| 12/31/2021 | $3.2M |
| 12/31/2020 | $3.5M |
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%.