Retail · Bronx, New York
114-118 East Fordham Road
114-118 East Fordham Road is financed with a $7.5M CMBS loan at 3.90% that reaches maturity on September 6, 2029, in 2 years and 10 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $7,500,000
- Original balance (same notes)
- $7,500,000
- Interest rate
- 3.90% fixed
- Originated
- August 28, 2019
- Maturity
- September 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- June 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred April 27, 2020, returned January 31, 2022
- Workout strategy
- Resolved
- Modified
- Yes, most recently May 6, 2020
- Defeasance
- None reported
The property
- Address
- 114-118 East Fordham Road, Bronx, NY 10468
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 8,350 sq ft
- Built
- 1931
- Largest tenants
- City Mall NY LLC; City Mall NY LLC 2; Fashion Hunters (CAPO Fashion)
- Value at securitization
- $12.4M (Jul 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.11x | 2.06x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $625K | $1.2M |
| Debt yield | 16.5% |
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.
- Modified
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 98% above the underwritten figure ($1.2M a year against $625K; the latest statement covers 6 months, annualized).
- The most recent valuation in the filing is $10.8M (September 20, 2021), against $12.4M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $7.5M | Current | No | 2.06x | 100% |
| September 2026 | $7.5M | Current | No | n/a | n/a |
| August 2026 | $7.5M | Current | No | n/a | n/a |
| July 2026 | $7.5M | Current | No | n/a | n/a |
| June 2026 | $7.5M | Current | No | n/a | n/a |
| May 2026 | $7.5M | Current | No | n/a | n/a |
| April 2026 | $7.5M | Current | No | 2.04x | 100% |
| March 2026 | $7.5M | Current | No | 2.04x | 100% |
| February 2026 | $7.5M | Current | No | 2.04x | 100% |
| January 2026 | $7.5M | Current | No | 2.04x | 100% |
| December 2025 | $7.5M | Current | No | n/a | n/a |
| November 2025 | $7.5M | Current | No | n/a | n/a |
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.
Special-servicing history
- Transferred to the special servicer April 27, 2020, returned to the master servicer January 31, 2022.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2019-GC42 | 32 | $7,500,000 | 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 period ending October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.