Lincoln West
A retail property in New York, New York. Securitized in 1 CMBS deal in 2018.
$170.0MAppraised value (latest deal)
100.0%Occupancy
$7.1MUnderwritten NOI
4.2%Implied cap rate
- Address
- 1961-1965 Broadway and 155 West 66th Street, New York, NY 10023
- Property type
- Retail · Urban Retail
- Year built
- 1997 (1961 and 1965 Broa
- Size
- 88,418 SF
- Sponsor
- Millennium Partners
- Loan purpose
- Refinance
- Largest tenant
- Raymour & Flanigan
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| MSC 2018-L1 | 2018-10-23 | $170.0M | 100.0% | $7.1M | 4.2% | $6.1M | 32.3% | 424B |
Historical NOI reported in MSC 2018-L1
| Period ending | NOI |
|---|---|
| 12/31/2017 | $6.8M |
| 12/31/2016 | $6.7M |
| 12/31/2015 | $6.6M |
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%.