Lexington Towers
A multifamily property in New York, New York. Securitized in 1 CMBS deal in 2022.
$133.0MAppraised value (latest deal)
96.9%Occupancy
- Address
- 160 East 88th Street, New York, NY 10128
- Property type
- Multifamily · High Rise
- Year built
- 1963
- Size
- 127 Units
- Sponsor
- Meyer Chetrit and The Gluck Family Trust U/A/D July 16, 2009
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BBCMS 2022-C16 | 2022-06-28 | $133.0M | 96.9% | $9.1M | 33.3% | 3.61x | 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%.