General Motors Building
A mixed-use property in New York, New York. Securitized in 2 CMBS deals in 2017.
$4.80BAppraised value (latest deal)
95.0%Occupancy
$227.3MUnderwritten NOI
4.7%Implied cap rate
- Address
- 767 Fifth Avenue, New York, NY 10153
- Property type
- Mixed Use · Office/Retail
- Year built
- 1968
- Size
- 1,989,983 SF
- Largest tenant
- Weil, Gotshal & Manges
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK 2017-BNK6 | 2017-07-27 | $4.80B | $227.3M | 4.7% | $90.0M | 30.6% | 4.33x | 424B | |
| JPMDB 2017-C7 | 2017-10-31 | $4.80B | 95.0% | $227.3M | 4.7% | $45.2M | 30.6% | 4.33x | 424B |
Historical NOI reported in JPMDB 2017-C7
| Period ending | NOI |
|---|---|
| 12/31/2016 | $151.4M |
| 12/31/2015 | $150.5M |
| 12/31/2014 | $165.3M |
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%.