740 Madison
A retail property in New York, New York. Securitized in 2 CMBS deals in 2017.
$150.0MAppraised value (latest deal)
100.0%Occupancy
$7.2MUnderwritten NOI
4.8%Implied cap rate
- Address
- 740 Madison Avenue, New York, NY 10065
- Property type
- Retail · Single Tenant
- Year built
- 1920
- Size
- 27,753 SF
- Sponsor
- Wildenstein & Co. Inc.
- Loan purpose
- Refinance
- Largest tenant
- Bottega Veneta
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| JPMCC 2017-JP6 | 2017-06-16 | $150.0M | 100.0% | $7.2M | 4.8% | $40.0M | 60.0% | 1.96x | 424B |
| DBJPM 2017-C6 | 2017-06-29 | $150.0M | 100.0% | $7.2M | 4.8% | $50.0M | 60.0% | 1.96x | 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%.