Multifamily · Bronx, New York
3001-3003 Grand Concourse
3001-3003 Grand Concourse is financed with a $14.7M CMBS loan at 7.059% that reaches maturity on February 1, 2035, in 8 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $14,700,000
- Original balance (same notes)
- $14,700,000
- Interest rate
- 7.059% fixed
- Originated
- January 23, 2025
- Maturity
- February 1, 2035
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 31, 2034
- Master servicer
- Midland Loan Services
- Originator
- Societe Generale Financial Corporation
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3001-3003 Grand Concourse, Bronx, NY 10468
- Metro
- New York-Newark-Jersey City, NY-NJ
- Units, rooms or beds
- 44
- Built
- 2024
- Value at securitization
- $22.1M (Nov 2024)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.41x | n/a |
| Occupancy | 98% | n/a |
| Net operating income | $1.5M | n/a |
Watch flags
Computed from the BMO 2025-C11 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 | $14.7M | Current | No | n/a | n/a |
| August 2026 | $14.7M | Current | No | n/a | n/a |
| July 2026 | $14.7M | Current | No | n/a | n/a |
| June 2026 | $14.7M | Current | No | n/a | n/a |
| May 2026 | $14.7M | Current | No | n/a | n/a |
| April 2026 | $14.7M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| March 2026 | $14.7M | Current | No | n/a | n/a |
| February 2026 | $14.7M | Current | No | n/a | n/a |
| January 2026 | $14.7M | Current | No | n/a | n/a |
| December 2025 | $14.7M | Current | No | n/a | n/a |
| November 2025 | $14.7M | Current | No | n/a | n/a |
| October 2025 | $14.7M | Current | 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 2025-C11 Mortgage Trust | 21 | $14,700,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other New York-Newark-Jersey City loans due in 2035
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 32 Old Slip - Leased Fee | New York, NY | Other | $167.0M | 5.65% | May 2035 | 1.01x | 100% | Current |
| Rentar Plaza | Queens, NY | Mixed use | $160.0M | 5.581% | Jul 2035 | 2.21x | 99% | Current |
| 255 Greenwich | New York, NY | Office | $147.0M | 6.405% | Dec 2035 | n/a | n/a | Current |
| Uovo Qpn | New York, NY | Self storage | $143.0M | 6.485% | Feb 2035 | n/a | n/a | Current |
| 29-33 9th Ave (Soho House) | New York, NY | Mixed use | $135.0M | 6.44% | Feb 2035 | n/a | n/a | Current |
| 512 West 22nd Street | New York, NY | Office | $130.0M | 6.641% | Sep 2035 | 1.57x | 100% | Current |
| 525 7th Avenue | New York, NY | Office | $125.0M | 6.28% | Nov 2035 | n/a | n/a | Current |
| 4 Union Square South | New York, NY | Retail | $120.0M | 5.642% | Sep 2035 | n/a | n/a | 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.