24 Central Park South, Inc.

A multifamily property in New York, New York. Securitized in 1 CMBS deal in 2022.

$153.0MAppraised value (latest deal)
96.7%Occupancy
$4.2MUnderwritten NOI
2.7%Implied cap rate
Address
24 Central Park South a/k/a 24/28 Central Park South, New York, NY 10019
Property type
Multifamily · Cooperative
Year built
1960
Size
38 Units
Sponsor
NAP
Loan purpose
Refinance

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BANK 2022-BNK412022-05-05$153.0M96.7%$4.2M2.7%$8.4M5.5%424B

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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%.