Roxy Hotel
A hotel property in New York, New York. Securitized in 2 CMBS deals between 2024 and 2025.
$181.0MAppraised value (latest deal)
88.8%Occupancy
$16.1MUnderwritten NOI
8.9%Implied cap rate
- Address
- 2 Sixth Avenue, New York, NY 10013
- Property type
- Hotel · Full Service
- Year built
- 2000
- Size
- 201 Rooms
- Sponsor
- Hartz Mountain Industries
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK 2024-BNK48 | 2024-10-01 | $181.0M | 88.8% | $15.6M | 8.6% | $35.6M | 40.1% | 3.32x | 424B |
| BANK 2025-BNK49 | 2025-03-17 | $181.0M | 88.8% | $16.1M | 8.9% | $11.9M | 40.1% | 3.49x | 424B |
Historical NOI reported in BANK 2025-BNK49
| Period ending | NOI |
|---|---|
| 11/30/2024 | $16.2M |
| 12/31/2023 | $15.2M |
| 12/31/2022 | $16.0M |
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%.