610 Fifth Avenue
A mixed-use property in New York, New York. Securitized in 1 CMBS deal in 2024.
$185.0MAppraised value (latest deal)
89.8%Occupancy
$10.1MUnderwritten NOI
5.4%Implied cap rate
- Address
- 610 Fifth Avenue, New York, NY 10020
- Property type
- Mixed Use · Office/Retail
- Year built
- 1932
- Size
- 134,265 SF
- Sponsor
- Tishman Speyer Properties, L.P. and Henry Crown and Company S LLC
- Loan purpose
- Refinance
- Largest tenant
- Catterton Latin America Management
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| WFCM 2024-5C2 | 2024-11-19 | $185.0M | 89.8% | $10.1M | 5.4% | $1.2M | 32.3% | 3.17x | 424B |
Historical NOI reported in WFCM 2024-5C2
| Period ending | NOI |
|---|---|
| 7/31/2024 | $7.0M |
| 12/31/2023 | $6.8M |
| 12/31/2022 | $6.5M |
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%.