Sixty LES

A hotel property in New York, New York. Securitized in 1 CMBS deal in 2014.

$102.0MAppraised value (latest deal)
83.3%Occupancy
$6.6MUnderwritten NOI
6.5%Implied cap rate
Address
190 Allen Street, New York, NY 10002
Property type
Hotel · Full Service
Year built
2008
Size
141 Rooms
Sponsor
Michael Pomeranc, Lawrence Pomeranc, Jason Pomeranc
Loan purpose
Refinance

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
COMM 2014-UBS32014-06-04$102.0M83.3%$6.6M6.5%$62.2M61.0%1.49x424B

Historical NOI reported in COMM 2014-UBS3

Period endingNOI
12/31/2013$6.9M
12/31/2012$6.4M

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%.