50 Central Park South
An other property in New York, New York. Securitized in 1 CMBS deal in 2012.
$120.0MAppraised value (latest deal)
$6.5MUnderwritten NOI
5.4%Implied cap rate
- Address
- 50 Central Park South, New York, NY 10019
- Property type
- Other · Commercial Condominium
- Year built
- 1928
- Size
- 234,324 SF
- Sponsor
- Millennium Partners; Westbrook Partners
- Loan purpose
- Refinance
- Largest tenant
- Ritz-Carlton New York, Central Park Hotel
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| MSC 2012-C4 | 2012-03-26 | $120.0M | $6.5M | 5.4% | $75.0M | 62.5% | 1.33x | 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%.