New Hyde Park
A self storage property in New Hyde Park, New York. Securitized in 1 CMBS deal in 2019.
$65.0MAppraised value (latest deal)
90.1%Occupancy
$2.9MUnderwritten NOI
4.4%Implied cap rate
- Address
- 1990 Jericho Turnpike, New Hyde Park, NY 11040
- Property type
- Self Storage · Self Storage
- Year built
- 2003
- Size
- 151,284 SF
- Sponsor
- Extra Space Storage Inc.
- Loan purpose
- Acquisition
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK 2019-BNK21 | 2019-10-23 | $65.0M | 90.1% | $2.9M | 4.4% | $23.4M | 65.2% | 424B |
Historical NOI reported in BANK 2019-BNK21
| Period ending | NOI |
|---|---|
| 7/31/2019 TTM | $2.8M |
| 12/31/2018 | $2.7M |
| 12/31/2017 | $3.0M |
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%.