The Rockwell
A multifamily property in New Rochelle, New York. Securitized in 1 CMBS deal in 2026.
$86.7MAppraised value (latest deal)
94.7%Occupancy
$5.1MUnderwritten NOI
5.9%Implied cap rate
- Address
- 585 North Avenue, New Rochelle, NY 10801
- Property type
- Multifamily · Mid Rise
- Year built
- 2021
- Size
- 114 Units
- Sponsor
- YoungCraft East Development LLC
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMO 2026-5C15 | 2026-06-16 | $86.7M | 94.7% | $5.1M | 5.9% | $7.2M | 70.6% | 1.40x | 424B |
Historical NOI reported in BMO 2026-5C15
| Period ending | NOI |
|---|---|
| 9/30/2025 | $4.5M |
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%.