Retail portfolio, 2 properties · Roslyn, New York
1401 Old Northern Boulevard
This portfolio is financed with a $11.5M CMBS loan at 6.88% that reaches maturity on March 6, 2030, in 3 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is late, less than 30 days.
The loan
- Balance in tracked trusts
- $11,500,000
- Original balance (same notes)
- $11,500,000
- Interest rate
- 6.88% fixed
- Originated
- February 7, 2025
- Maturity
- March 6, 2030
- Payments
- Interest only for the full term
- Master servicer
- KeyBank Real Estate Capital
- Originator
- SMC
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1401 Old Northern Boulevard, Roslyn, NY 11576
- Metro
- New York-Newark-Jersey City, NY-NJ
- Value at securitization
- $18.6M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | n/a | $1.1M |
| Debt yield | 9.4% |
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 BBCMS Mortgage Trust 2025-5C33 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| 1401 Old Northern Boulevard | Roslyn, NY | Retail | 100% | 1.35x |
| 942 Flushing Avenue | Brooklyn, NY | Mixed Use | 100% | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $11.5M | Late payment but less than 30 days delinquent | No | 1.35x | 100% |
| August 2026 | $11.5M | Not reported | No | 1.35x | 100% |
| July 2026 | $11.5M | Not reported | No | 1.23x | 100% |
| June 2026 | $11.5M | Not reported | No | 1.23x | 100% |
| May 2026 | $11.5M | Not reported | No | 1.23x | 100% |
| April 2026 | $11.5M | Not reported | No | 1.04x | 100% |
| March 2026 | $11.5M | Not reported | No | n/a | 100% |
| February 2026 | $11.5M | Not reported | No | 1.04x | 100% |
| January 2026 | $11.5M | Late payment but less than 30 days delinquent | No | 1.04x | 100% |
| December 2025 | $11.5M | Not reported | No | n/a | 100% |
| November 2025 | $11.5M | Not reported | No | 1.04x | 100% |
| October 2025 | $11.5M | Not reported | No | 1.04x | 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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2025-5C33 | 25 | $11,500,000 | Sep 2026 | SEC filing, September 29, 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 September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.