45 John Street

A mixed-use property in New York, New York. Securitized in 1 CMBS deal in 2022.

$72.6MAppraised value (latest deal)
99.3%Occupancy
$2.8MUnderwritten NOI
3.9%Implied cap rate
Address
45 John Street a/k/a 1 Dutch Street, New York, NY 10038
Property type
Mixed Use · Multifamily/Retail
Year built
1908
Size
79,915 SF
Sponsor
Yakubov US Trust 2013, a Florida Trust and Thomas Yakubaros
Loan purpose
Refinance
Largest tenant
Rezdora USA

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
MSC 2022-L82022-04-07$72.6M99.3%$2.8M3.9%$8.4M51.5%2.08x424B

Historical NOI reported in MSC 2022-L8

Period endingNOI
10/31/2021$1.8M
12/31/2020$2.2M

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%.