369 Lexington Avenue
An office property in New York, New York. Securitized in 1 CMBS deal in 2013.
$77.2MAppraised value (latest deal)
100.0%Occupancy
$4.6MUnderwritten NOI
5.9%Implied cap rate
- Address
- 369 Lexington Avenue, New York, NY 10017
- Property type
- Office · CBD
- Year built
- 1937
- Size
- 150,947 SF
- Loan purpose
- Refinance
- Largest tenant
- Everyday Gourmet Deli
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| JPMBB 2013-C15 | 2013-10-29 | $77.2M | 100.0% | $4.6M | 5.9% | $43.0M | 55.8% | 1.50x | 424B |
Historical NOI reported in JPMBB 2013-C15
| Period ending | NOI |
|---|---|
| 12/31/2012 | $4.3M |
| 12/31/2011 | $4.3M |
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%.