60 Madison Avenue
An office property in New York, New York. Securitized in 1 CMBS deal in 2016.
$200.0MAppraised value (latest deal)
96.6%Occupancy
$8.8MUnderwritten NOI
4.4%Implied cap rate
- Address
- 60 Madison Avenue, New York, NY 10010
- Property type
- Office · CBD
- Year built
- 1910
- Size
- 28,020 SF
- Sponsor
- Joseph Moinian
- Loan purpose
- Refinance
- Largest tenant
- Tapad
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| CD 2016-CD2 | 2016-12-08 | $200.0M | 96.6% | $8.8M | 4.4% | $55.0M | 50.0% | 2.25x | 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%.