Residence Inn JFK

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

$76.0MAppraised value (latest deal)
83.9%Occupancy
$6.2MUnderwritten NOI
8.2%Implied cap rate
Address
142-30 135th Avenue, Jamaica, NY 11436
Property type
Hotel · Extended Stay
Year built
2022
Size
182 Rooms
Sponsor
Nicholas D. Newman
Loan purpose
Refinance

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BMO 2025-5C92025-03-20$76.0M83.9%$6.2M8.2%$48.0M63.2%1.58x424B

Historical NOI reported in BMO 2025-5C9

Period endingNOI
1/31/2025$6.4M
12/31/2024$6.2M
12/31/2023$5.2M

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%.