FreshDirect HQ

An industrial property in Bronx, New York. Securitized in 1 CMBS deal in 2026.

$240.0MAppraised value (latest deal)
100.0%Occupancy
$21.5MUnderwritten NOI
9.0%Implied cap rate
Address
2 Saint Ann's Avenue, Bronx, NY 10454
Property type
Industrial · Warehouse
Year built
2017
Size
639,394 SF
Sponsor
Sprinter Holding, LLC
Loan purpose
Refinance
Largest tenant
FreshDirect

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BMO 2026-5C152026-06-16$240.0M100.0%$21.5M9.0%$62.6M41.7%2.88x424B

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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%.