Grinnell Housing Development Fund Corporation
A multifamily property in New York, New York. Securitized in 1 CMBS deal in 2022.
$130.3MAppraised value (latest deal)
95.0%Occupancy
$2.7MUnderwritten NOI
2.1%Implied cap rate
- Address
- 800 Riverside Drive, New York, NY 10032
- Property type
- Multifamily · Cooperative
- Year built
- 1909
- Size
- 81 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 2022-BNK41 | 2022-05-05 | $130.3M | 95.0% | $2.7M | 2.1% | $6.9M | 5.3% | 8.86x | 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%.