Rose Castle Apartments
A multifamily property in Brooklyn, New York. Securitized in 1 CMBS deal in 2022.
$179.0MAppraised value (latest deal)
63.0%Occupancy
$8.2MUnderwritten NOI
4.6%Implied cap rate
- Address
- 380 Flushing Avenue and 33 Little Nassau Street, Brooklyn, NY 11205
- Property type
- Multifamily · Mid Rise
- Year built
- 2021
- Size
- 208 Units
- Sponsor
- Zelig Weiss
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| MSC 2022-L8 | 2022-04-07 | $179.0M | 63.0% | $8.2M | 4.6% | $52.0M | 58.7% | 1.88x | 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%.