Admiral's Cove
A multifamily property in Haverstraw, New York. Securitized in 1 CMBS deal in 2026.
$130.4MAppraised value (latest deal)
95.5%Occupancy
$7.3MUnderwritten NOI
5.6%Implied cap rate
- Address
- 1100 Admirals Cove Boulevard, Haverstraw, NY 10927
- Property type
- Multifamily · Mid Rise
- Year built
- 2023
- Size
- 245 Units
- Sponsor
- Martin Ginsburg and The Martin Ginsburg 1997 Trust Agreement #1, Dated January 1, 1997
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMO 2026-5C15 | 2026-06-16 | $130.4M | 95.5% | $7.3M | 5.6% | $30.6M | 64.4% | 1.20x | 424B |
Historical NOI reported in BMO 2026-5C15
| Period ending | NOI |
|---|---|
| 12/31/2025 | $6.3M |
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%.