Retail · New York, New York
141 Fifth Avenue
141 Fifth Avenue is financed with a $25.0M CMBS loan at 4.59% that reaches maturity on May 5, 2027, in 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $25,000,000
- Original balance (same notes)
- $25,000,000
- Interest rate
- 4.59% fixed
- Originated
- April 7, 2017
- Maturity
- May 5, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ends
- February 4, 2027
- Master servicer
- Trimont LLC
- Originator
- MSBNA
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred July 21, 2025
- Workout strategy
- Note sale
- Defeasance
- None reported
The property
- Address
- 141 Fifth Avenue, New York, NY 10010
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 4,425 sq ft
- Built
- 1902, renovated 2010
- Largest tenants
- HSBC BANK USA, NATIONAL ASSOCIATION
- Value at securitization
- $39.0M (Mar 2017)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.56x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $1.8M | $-236K |
| Debt yield | -0.9% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the Morgan Stanley Bank of America Merrill Lynch Trust 2017-C33 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- NOI down 20% or more from securitization
- Matures within 12 months
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Net operating income is 113% below the underwritten figure ($-236K a year against $1.8M).
- The most recent valuation in the filing is $15.6M (September 30, 2025), against $39.0M at securitization.
- The filing gives Oct 2022 as the lease end date for the largest tenant (HSBC BANK USA, NATIONAL ASSOCIATION), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $25.0M | 90+ days delinquent | Yes | n/a | n/a |
| August 2026 | $25.0M | 90+ days delinquent | Yes | n/a | n/a |
| July 2026 | $25.0M | 90+ days delinquent | Yes | n/a | n/a |
| June 2026 | $25.0M | 90+ days delinquent | Yes | n/a | n/a |
| May 2026 | $25.0M | 90+ days delinquent | Yes | n/a | n/a |
| April 2026 | $25.0M | 90+ days delinquent | Yes | n/a | n/a |
| March 2026 | $25.0M | 90+ days delinquent | Yes | -0.20x | n/a |
| February 2026 | $25.0M | 90+ days delinquent | Yes | -0.20x | n/a |
| January 2026 | $25.0M | 90+ days delinquent | Yes | -0.20x | n/a |
| December 2025 | $25.0M | 90+ days delinquent | Yes | -0.20x | n/a |
| November 2025 | $25.0M | 90+ days delinquent | Yes | -0.20x | n/a |
| October 2025 | $25.0M | 90+ days delinquent | Yes | -0.20x | 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 July 21, 2025, still there.
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 |
|---|---|---|---|---|
| Morgan Stanley Bank of America Merrill Lynch Trust 2017-C33 | 10 | $25,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other New York-Newark-Jersey City loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| General Motors Building | New York, NY | Mixed use | $726.3M | 3.43% | Jun 2027 | 2.58x | 99% | Current |
| 245 Park Avenue | New York, NY | Office | $700.0M | 3.669% | Jun 2027 | 2.08x | 97% | Current |
| Yorkshire Towers | New York, NY | Multifamily | $318.0M | 3.04% | Jun 2027 | n/a | n/a | Current |
| Olympic Tower | New York, NY | Mixed use | $280.0M | 3.954% | May 2027 | n/a | n/a | Current |
| 85 Broad Street | New York, NY | Office | $241.0M | 3.693% | Jun 2027 | 2.28x | 62% | With the special servicer |
| 225 & 233 Park Avenue South | New York, NY | Office | $235.0M | 3.651% | Jun 2027 | -0.14x | 29% | Current |
| Worldwide Plaza | New York, NY | Office | $235.0M | 3.605% | Nov 2027 | 1.49x | 62% | With the special servicer and 90+ days delinquent |
| 237 Park Avenue | New York, NY | Office | $215.4M | 3.752% | Aug 2027 | 3.71x | 89% | Current |
All loans maturing in 2027 · 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.