Office · New York, New York
1633 Broadway
Public CMBS trusts hold $780.0M of the loan on 1633 Broadway at 2.99% that reaches maturity on December 6, 2029, in 3 years and 1 month. As of the Sep 2026 and Oct 2026 servicer reports its status is current.
The loan
- Balance in tracked trusts
- $780,000,000
- Original balance (same notes)
- $780,000,000
- Interest rate
- 2.99% fixed
- Originated
- November 25, 2019
- Maturity
- December 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- June 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Goldman Sachs Bank USA, JPMorgan Chase Bank, National Association, DBR Investments Co. Limited, Wells Fargo Bank, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1633 Broadway, New York, NY 10019
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 2,530,041 sq ft
- Built
- 1972, renovated 2013
- Largest tenants
- ALLIANZ ASSET MANAGEMENT; WMG ACQUISITION CORP; MORGAN STANLEY & CO
- Value at securitization
- $2.4B (Oct 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 3.93x | 2.87x |
| Occupancy | 98% | 76% |
| Net operating income (annualized from 6 months) | $119.2M | $175.5M |
| Debt yield | 22.5% |
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 2020-GC45 filing for the reporting period ending October 9, 2026, filed with the SEC October 22, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
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
- Occupancy has fallen from 98% when the loan was securitized to 76%.
- Net operating income is 47% above the underwritten figure ($175.5M a year against $119.2M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 3.93x at securitization to 2.87x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $125.0M | Current | No | 2.87x | 76% |
| September 2026 | $780.0M | Current | No | 3.68x | 88% |
| August 2026 | $780.0M | Current | No | 3.68x | 88% |
| July 2026 | $780.0M | Current | No | 3.68x | 88% |
| June 2026 | $780.0M | Current | No | 3.68x | 88% |
| May 2026 | $780.0M | Current | No | 3.68x | 93% |
| April 2026 | $780.0M | Current | No | 3.68x | 93% |
| March 2026 | $780.0M | Current | No | 3.68x | 93% |
| February 2026 | $780.0M | Current | No | 3.68x | 93% |
| January 2026 | $780.0M | Current | No | 3.68x | 93% |
| December 2025 | $780.0M | Current | No | 3.68x | 93% |
| November 2025 | $780.0M | Current | No | 3.68x | 93% |
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 16 notes held by different trusts. Each trust reports its own piece.
Other New York-Newark-Jersey City loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 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 |
| Bay Plaza Community Center | Bronx, NY | Mixed use | $280.0M | 6.13% | Oct 2029 | 1.51x | 84% | 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 9, 2026, September 11, 2026, October 8, 2026, October 9, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.