Woodbury Gardens Redevelopment Company Owners Corp.
A multifamily property in Woodbury, New York. Securitized in 1 CMBS deal in 2021.
$101.1MAppraised value (latest deal)
93.0%Occupancy
$5.8MUnderwritten NOI
5.7%Implied cap rate
- Address
- Jericho Turnpike, Woodbury, NY 11797
- Property type
- Multifamily · Cooperative
- Year built
- 1999
- Size
- 214 Units
- Sponsor
- N/A
- Loan purpose
- Recapitalization
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK 2021-BNK32 | 2021-03-24 | $101.1M | 93.0% | $5.8M | 5.7% | $1.3M | 424B |
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%.