Mixed use · Brooklyn, New York
263 Skillman Street
263 Skillman Street is financed with a $19.6M CMBS loan at 6.63% that reaches maturity on September 6, 2029, in 2 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $19,600,000
- Original balance (same notes)
- $19,600,000
- Interest rate
- 6.63% fixed
- Originated
- August 28, 2024
- Maturity
- September 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- April 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 263 Skillman Street, Brooklyn, NY 11205
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 26,800 sq ft
- Units, rooms or beds
- 16
- Built
- 2023
- Largest tenants
- Skillmart Grocery; Cong OY Neipest
- Value at securitization
- $30.9M (Jun 2024)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.27x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $1.7M | n/a |
Watch flags
Computed from the BMO 2024-5C6 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $19.6M | Current | No | n/a | n/a |
| August 2026 | $19.6M | Current | No | n/a | n/a |
| July 2026 | $19.6M | 30-59 days delinquent | No | n/a | n/a |
| June 2026 | $19.6M | 30-59 days delinquent | No | n/a | n/a |
| May 2026 | $19.6M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| April 2026 | $19.6M | Current | No | n/a | n/a |
| March 2026 | $19.6M | 30-59 days delinquent | No | n/a | n/a |
| February 2026 | $19.6M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| January 2026 | $19.6M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| December 2025 | $19.6M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| November 2025 | $19.6M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| October 2025 | $19.6M | Late payment but less than 30 days delinquent | 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.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BMO 2024-5C6 Mortgage Trust | 16 | $19,600,000 | Sep 2026 | SEC filing, October 2, 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 September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.