Multifamily · Brooklyn, New York
1016 Carroll Street
1016 Carroll Street is financed with a $5.2M CMBS loan at 4.134% that reaches maturity on January 6, 2030, in 3 years and 2 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $5,150,000
- Original balance (same notes)
- $5,150,000
- Interest rate
- 4.134% fixed
- Originated
- December 13, 2019
- Maturity
- January 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- October 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- DBR Investments Co. Limited
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1016 Carroll Street, Brooklyn, NY 11225
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 8,568 sq ft
- Units, rooms or beds
- 10
- Built
- 1924, renovated 2019
- Value at securitization
- $8.0M (Jul 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.90x | 1.90x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $410K | $826K |
| Debt yield | 16.0% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the GS Mortgage Securities Trust 2020-GC45 filing for the reporting period ending October 9, 2026, filed with the SEC October 22, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Net operating income is 101% above the underwritten figure ($826K a year against $410K; the latest statement covers 6 months, annualized).
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $5.2M | Current | No | 1.90x | 100% |
| September 2026 | $5.2M | Current | No | 1.90x | 100% |
| August 2026 | $5.2M | Current | No | 1.90x | 100% |
| July 2026 | $5.2M | Current | No | n/a | n/a |
| June 2026 | $5.2M | Current | No | n/a | n/a |
| May 2026 | $5.2M | Current | No | n/a | n/a |
| April 2026 | $5.2M | Current | No | 2.07x | 100% |
| March 2026 | $5.2M | Current | No | 2.07x | 100% |
| February 2026 | $5.2M | Current | No | 2.03x | 100% |
| January 2026 | $5.2M | Current | No | 2.03x | 100% |
| December 2025 | $5.2M | Current | No | 2.03x | 100% |
| November 2025 | $5.2M | Current | No | 2.08x | 100% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2020-GC45 | 49 | $5,150,000 | Oct 2026 | SEC filing, October 22, 2026 |
Other New York-Newark-Jersey City loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 711 Fifth Avenue | New York, NY | Mixed use | $545.0M | 3.16% | Mar 2030 | 2.71x | 66% | Current |
| Kings Plaza | Brooklyn, NY | Retail | $487.0M | 3.359% | Jan 2030 | 2.38x | 91% | Current |
| Grace Building | New York, NY | Office | $450.0M | 2.692% | Dec 2030 | n/a | n/a | Current |
| 545 Washington Boulevard | Jersey City, NJ | Office | $251.6M | 3.405% | Feb 2030 | 2.00x | 91% | Current |
| 605 Third Avenue | New York, NY | Office | $231.0M | 1.938% | Dec 2030 | 4.66x | 83% | Current |
| The Spiral | New York, NY | Office | $200.0M | 5.50% | Jan 2030 | n/a | n/a | Current |
| 250 West 57th Street | New York, NY | Office | $180.0M | 2.829% | Dec 2030 | 4.41x | 85% | Current |
| Mall at Bay Plaza | The Bronx, NY | Retail | $170.0M | 6.715% | Nov 2030 | n/a | n/a | Current |
All loans maturing in 2030 · All New York-Newark-Jersey City loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 9, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.