FedEx - Yonkers, NY
An industrial property in Yonkers, New York. Securitized in 1 CMBS deal in 2016.
$164.7MAppraised value (latest deal)
100.0%Occupancy
$9.9MUnderwritten NOI
6.0%Implied cap rate
- Address
- 10 Herrmann Place, Yonkers, NY 10710
- Property type
- Industrial · Warehouse/Distribution
- Year built
- 2016
- Size
- 121,883 SF
- Sponsor
- PA-SC Venture I Equity Sub LLC
- Loan purpose
- Acquisition
- Largest tenant
- FedEx
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| CD 2016-CD2 | 2016-12-08 | $164.7M | 100.0% | $9.9M | 6.0% | $36.4M | 44.2% | 3.16x | 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%.