Office · Brooklyn, New York
2021 Avenue X
2021 Avenue X is financed with a $5.5M CMBS loan at 7.695% that reaches maturity on August 6, 2033, in 6 years and 9 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
- $5,500,000
- Original balance (same notes)
- $5,500,000
- Interest rate
- 7.695% fixed
- Originated
- August 2, 2023
- Maturity
- August 6, 2033
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 5, 2033
- Master servicer
- Midland Loan Services
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred May 8, 2024
- Workout strategy
- Foreclosure
- Defeasance
- None reported
The property
- Address
- 2021 Avenue X, Brooklyn, NY 11235
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 12,500 sq ft
- Built
- 1983
- Largest tenants
- Radiology Associates
- Value at securitization
- $9.3M (Jul 2023)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.66x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $711K | n/a |
Watch flags
Computed from the BMO 2023-C6 Mortgage Trust 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
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
- The most recent valuation in the filing is $9.0M (December 15, 2025), against $9.3M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.5M | 90+ days delinquent | Yes | n/a | n/a |
| August 2026 | $5.5M | 90+ days delinquent | Yes | n/a | n/a |
| July 2026 | $5.5M | 90+ days delinquent | Yes | n/a | n/a |
| June 2026 | $5.5M | 90+ days delinquent | Yes | n/a | n/a |
| May 2026 | $5.5M | 90+ days delinquent | Yes | n/a | n/a |
| April 2026 | $5.5M | 90+ days delinquent | Yes | n/a | n/a |
| March 2026 | $5.5M | 90+ days delinquent | Yes | n/a | n/a |
| February 2026 | $5.5M | 90+ days delinquent | Yes | n/a | n/a |
| January 2026 | $5.5M | 90+ days delinquent | Yes | n/a | n/a |
| December 2025 | $5.5M | 90+ days delinquent | Yes | n/a | n/a |
| November 2025 | $5.5M | 90+ days delinquent | Yes | n/a | n/a |
| October 2025 | $5.5M | 90+ days delinquent | Yes | 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 May 8, 2024, 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 |
|---|---|---|---|---|
| BMO 2023-C6 Mortgage Trust | 28 | $5,500,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other New York-Newark-Jersey City loans due in 2033
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 60 Hudson | New York, NY | Other | $280.0M | 5.885% | Oct 2033 | 3.69x | 64% | Current |
| 100 Jefferson Road | Parsippany, NJ | Industrial | $67.5M | 7.26% | Apr 2033 | 1.57x | 100% | Current |
| 2 Executive | Fort Lee, NJ | Mixed use | $54.5M | 6.219% | Apr 2033 | n/a | 93% | With the special servicer and 90+ days delinquent |
| Cross Island Plaza | Rosedale, NY | Office | $42.5M | 6.605% | May 2033 | n/a | n/a | With the special servicer |
| 2136/2138 Honeywell Avenue a/k/a 901/903 E 181st St | Bronx, NY | Multifamily | $36.0M | 7.25% | Dec 2033 | n/a | n/a | Current |
| 100 Jefferson | Parsippany, NJ | Industrial | $30.0M | 7.26% | Apr 2033 | n/a | n/a | Current |
| 500 Mamaroneck | Harrison, NY | Office | $29.5M | 6.83% | Apr 2033 | 0.74x | 100% | Current |
| 175 E 62nd Street | New York, NY | Multifamily | $25.0M | 2.295% | Sep 2033 | 5.22x | 100% | Current |
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.