535 & 545 5th Avenue
A mixed-use property in New York, New York. Securitized in 1 CMBS deal in 2026.
$490.0MAppraised value (latest deal)
88.8%Occupancy
$30.2MUnderwritten NOI
6.2%Implied cap rate
- Address
- 535-545 Fifth Avenue, New York, NY 10017
- Property type
- Mixed Use · Retail/Office
- Year built
- 1897-1927
- Size
- 507,207 SF
- Sponsor
- Joseph Moinian
- Loan purpose
- Refinance
- Largest tenant
- Empire Offices 535 Fifth Holdings
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMO 2026-5C14 | 2026-03-10 | $490.0M | 88.8% | $30.2M | 6.2% | $15.0M | 63.2% | 1.30x | 424B |
Historical NOI reported in BMO 2026-5C14
| Period ending | NOI |
|---|---|
| 10/31/2025 | $28.4M |
| 12/31/2024 | $27.0M |
| 12/31/2023 | $23.6M |
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%.