32 Old Slip Fee
A leased fee property in New York, New York. Securitized in 1 CMBS deal in 2015.
$225.0MAppraised value (latest deal)
100.0%Occupancy
$8.5MUnderwritten NOI
3.8%Implied cap rate
- Address
- 32 Old Slip, New York, NY 10005
- Property type
- Leased Fee · Leased Fee
- Year built
- 1987
- Size
- 1,133,361 SF
- Sponsor
- Leon Melohn
- Loan purpose
- Acquisition
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| MSBAM 2015-C23 | 2015-06-18 | $225.0M | 100.0% | $8.5M | 3.8% | $66.0M | 78.2% | 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%.