Fowler-Daley Owners, Inc.
A multifamily property in Lynbrook, New York. Securitized in 1 CMBS deal in 2024.
$68.9MAppraised value (latest deal)
95.0%Occupancy
$3.7MUnderwritten NOI
5.3%Implied cap rate
- Address
- 2 Fowler Avenue a/k/a 20-30 Daley Place and 20-40 Daley Place, Lynbrook, NY 11563
- Property type
- Multifamily · Cooperative
- Year built
- 1967
- Size
- 228 Units
- Sponsor
- NAP
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK 2024-BNK48 | 2024-10-01 | $68.9M | 95.0% | $3.7M | 5.3% | $6.5M | 9.4% | 7.52x | 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%.