Cross Island Plaza
An office property in Rosedale, New York. Securitized in 1 CMBS deal in 2023.
$75.9MAppraised value (latest deal)
90.7%Occupancy
$4.6MUnderwritten NOI
6.1%Implied cap rate
- Address
- 13333 Brookville Boulevard, Rosedale, NY 11422
- Property type
- Office · CBD
- Year built
- 1982
- Size
- 256,930 SF
- Sponsor
- Chaim Simkowitz and Abraham J. Hoffman
- Loan purpose
- Refinance
- Largest tenant
- OEC Freight
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMO 2023-C5 | 2023-06-21 | $75.9M | 90.7% | $4.6M | 6.1% | $30.0M | 56.0% | 1.53x | 424B |
Historical NOI reported in BMO 2023-C5
| Period ending | NOI |
|---|---|
| 12/31/2022 | $3.5M |
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%.