AC Hotel New York Downtown
A hotel property in New York, New York. Securitized in 1 CMBS deal in 2026.
$154.8MAppraised value (latest deal)
92.8%Occupancy
$11.9MUnderwritten NOI
7.7%Implied cap rate
- Address
- 151 Maiden Lane, New York, NY 10038
- Property type
- Hotel · Select Service
- Year built
- 2018
- Size
- 274 Rooms
- Sponsor
- Richard Lou, Hok Kit Lou and Ching Sau Cheung
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK5 2026-5YR20 | 2026-02-09 | $154.8M | 92.8% | $11.9M | 7.7% | $82.4M | 53.2% | 2.12x | 424B |
Historical NOI reported in BANK5 2026-5YR20
| Period ending | NOI |
|---|---|
| 10/31/2025 | $11.7M |
| 12/31/2024 | $11.4M |
| 12/31/2023 | $9.3M |
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%.