Marriott JFK

A hotel property in Jamaica, New York. Securitized in 1 CMBS deal in 2025.

$152.0MAppraised value (latest deal)
87.3%Occupancy
$13.0MUnderwritten NOI
8.6%Implied cap rate
Address
135-25 142nd Street, Jamaica, NY 11436
Property type
Hotel · Full Service
Year built
2023
Size
360 Rooms
Sponsor
Nicholas D. Newman
Loan purpose
Refinance

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BMARK 2025-V152025-05-23$152.0M87.3%$13.0M8.6%$40.0M65.8%1.52x424B

Historical NOI reported in BMARK 2025-V15

Period endingNOI
2/28/2025$13.6M
12/31/2024$13.1M

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%.