The Ludlow Hotel
A hotel property in New York, New York. Securitized in 1 CMBS deal in 2025.
$135.0MAppraised value (latest deal)
84.6%Occupancy
$11.2MUnderwritten NOI
8.3%Implied cap rate
- Address
- 180 Ludlow Street, New York, NY 10002
- Property type
- Hotel · Full Service
- Year built
- 2014
- Size
- 175 Rooms
- Sponsor
- BD Hotels
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK 2025-BNK49 | 2025-03-17 | $135.0M | 84.6% | $11.2M | 8.3% | $46.0M | 34.1% | 3.70x | 424B |
Historical NOI reported in BANK 2025-BNK49
| Period ending | NOI |
|---|---|
| 11/30/2024 | $11.3M |
| 12/31/2023 | $10.6M |
| 12/31/2022 | $10.4M |
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%.