530 Seventh Avenue Fee
An other property in New York, New York. Securitized in 1 CMBS deal in 2021.
$141.0MAppraised value (latest deal)
100.0%Occupancy
$5.2MUnderwritten NOI
3.7%Implied cap rate
- Address
- 530 Seventh Avenue, New York, NY 10018
- Property type
- Other · Leased Fee
- Year built
- 1929
- Size
- 495,245 SF
- Sponsor
- Robert Savitt
- Loan purpose
- Refinance
- Largest tenant
- G&S Realty 1
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK 2021-BNK32 | 2021-03-24 | $141.0M | 100.0% | $5.2M | 3.7% | $55.0M | 39.0% | 424B |
Historical NOI reported in BANK 2021-BNK32
| Period ending | NOI |
|---|---|
| 12/31/2020 | $4.8M |
| 12/31/2019 | $4.8M |
| 12/31/2018 | $4.8M |
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%.