Soho Plaza Corp.

A multifamily property in New York, New York. Securitized in 1 CMBS deal in 2022.

$77.9MAppraised value (latest deal)
91.3%Occupancy
$3.7MUnderwritten NOI
4.7%Implied cap rate
Address
66 Crosby Street a/k/a 514 Broadway, New York, NY 10012
Property type
Multifamily · Cooperative
Year built
1881
Size
37 Units
Sponsor
NAP
Loan purpose
Refinance

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BANK 2022-BNK412022-05-05$77.9M91.3%$3.7M4.7%$8.8M11.3%9.29x424B

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%.