Office · New York, New York
105 East 17th Street
Public CMBS trusts hold $110.0M of the loan on 105 East 17th Street at 3.16% that reaches maturity on September 5, 2029, in 2 years and 10 months. As of the Sep 2026 and Oct 2026 servicer reports its status is current.
The loan
- Balance in tracked trusts
- $110,000,000
- Original balance (same notes)
- $110,000,000
- Interest rate
- 3.16% fixed
- Originated
- August 22, 2019
- Maturity
- September 5, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ended
- October 4, 2021
- Prepayment premium ends
- May 4, 2029 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- DBR Investments Co. Limited, Morgan Stanley Bank, N.A.
Status
- Payment status
- Payment not received but still in grace period or not yet due. (code A)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 105 East 17th Street, New York, NY 10003
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 125,000 sq ft
- Built
- 1960
- Largest tenants
- New York University
- Value at securitization
- $150.0M (Jul 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.03x | 2.59x |
| Occupancy | 100% | n/a |
| Net operating income (annualized from 6 months) | $7.1M | $18.4M |
| Debt yield | 16.7% |
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 2019-GC42 filing for the reporting period ending October 6, 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 157% above the underwritten figure ($18.4M a year against $7.1M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.03x at securitization to 2.59x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $49.5M | Payment not received but still in grace period or not yet due | No | 2.59x | n/a |
| September 2026 | $110.0M | Late payment but less than 30 days delinquent | No | 2.59x | 100% |
| August 2026 | $110.0M | Payment not received but still in grace period or not yet due | No | 2.60x | 100% |
| July 2026 | $110.0M | Payment not received but still in grace period or not yet due | No | 2.60x | 100% |
| June 2026 | $110.0M | Late payment but less than 30 days delinquent | No | 2.60x | 100% |
| May 2026 | $110.0M | Payment not received but still in grace period or not yet due | No | 2.58x | 100% |
| April 2026 | $110.0M | Payment not received but still in grace period or not yet due | No | 2.58x | 100% |
| March 2026 | $110.0M | Payment not received but still in grace period or not yet due | No | 2.58x | 100% |
| February 2026 | $110.0M | Payment not received but still in grace period or not yet due | No | 2.58x | 100% |
| January 2026 | $110.0M | Payment not received but still in grace period or not yet due | No | 2.58x | 100% |
| December 2025 | $110.0M | Late payment but less than 30 days delinquent | No | 2.58x | 100% |
| November 2025 | $110.0M | Payment not received but still in grace period or not yet due | No | 2.59x | 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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2019-BNK21 | 6 | $60,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
| GS Mortgage Securities Trust 2019-GC42 | 8 | $49,500,000 | Oct 2026 | SEC filing, October 22, 2026 |
Other New York-Newark-Jersey City loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 1633 Broadway | New York, NY | Office | $780.0M | 2.99% | Dec 2029 | 2.87x | 76% | Current |
| 650 Madison Avenue | New York, NY | Mixed use | $545.8M | 3.486% | Dec 2029 | 1.25x | 62% | Current |
| Queens Center | Elmhurst, NY | Retail | $510.0M | 5.37% | Nov 2029 | 1.94x | 93% | Current |
| 3 Columbus Circle | New York, NY | Mixed use | $490.0M | 3.914% | Mar 2029 | 2.80x | 90% | Current |
| 30 Hudson Yards | New York, NY | Office | $422.0M | 3.11% | Jul 2029 | n/a | n/a | Current |
| 55 Hudson Yards | New York, NY | Office | $371.7M | 2.95% | Dec 2029 | n/a | n/a | Current |
| Gateway Center North | Brooklyn, NY | Retail | $300.0M | 6.827% | Nov 2029 | n/a | n/a | Current |
| 640 5th Avenue | New York, NY | Mixed use | $288.6M | 6.129% | Jul 2029 | 2.35x | 90% | Current |
All loans maturing in 2029 · All New York-Newark-Jersey City loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting periods ending September 11, 2026, October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.