Multifamily portfolio, 5 properties · Bronx, New York

3004 Heath Avenue

This portfolio is financed with a $39.0M CMBS loan at 4.14% that reaches maturity on December 6, 2031, in 5 years and 1 month. 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
$39,000,000
Original balance (same notes)
$39,000,000
Interest rate
4.14% fixed
Originated
December 10, 2021
Maturity
December 6, 2031
Payments
Interest only for the full term
Prepayment lockout ended
January 5, 2024
Prepayment premium ends
September 5, 2031 (yield maintenance)
Master servicer
Midland Loan Services
Originator
LMF Commercial, LLC

Status

Payment status
90+ days delinquent (code 3)
Special servicing
Transferred February 6, 2026
Workout strategy
Foreclosure
Defeasance
Partly defeased

The property

Address
3004, 3011-3021 3030 Heath Avenue, Bronx, NY 10463
Metro
New York-Newark-Jersey City, NY-NJ
Value at securitization
$52.6M

Performance

Underwritten figures against the most recent reported figures
At securitizationLatest
DSCR (NOI)n/an/a
Occupancyn/an/a
Net operating income$3.0Mn/a

Watch flags

Computed from the BBCMS Mortgage Trust 2022-C14 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.

  • With the special servicer
  • 30+ days delinquent or matured unpaid

On the cmbs.news watch list in every report since January 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.

Properties securing the loan

PropertyLocationTypeOccupancyDSCR
3004 Heath AvenueBronx, NYMultifamilyn/an/a
2500 Webb AvenueBronx, NYMultifamilyn/an/a
2487 Grand AvenueBronx, NYMultifamilyn/an/a
2497 Grand AvenueBronx, NYMultifamilyn/an/a
160 West Kingsbridge RoadBronx, NYMultifamilyn/an/a

The last 12 monthly reports

Report monthBalancePayment statusSpecial servicerDSCROccupancy
September 2026$39.0M90+ days delinquentYesn/an/a
August 2026$39.0M90+ days delinquentYesn/an/a
July 2026$39.0M90+ days delinquentYesn/an/a
June 2026$39.0M90+ days delinquentYesn/an/a
May 2026$39.0M60-89 days delinquentYesn/an/a
April 2026$39.0M30-59 days delinquentYesn/an/a
March 2026$39.0M90+ days delinquentYesn/an/a
February 2026$39.0M60-89 days delinquentYesn/an/a
January 2026$39.0M30-59 days delinquentNon/an/a
December 2025$39.0MPayment not received but still in grace period or not yet dueNon/an/a
November 2025$39.0MLate payment but less than 30 days delinquentNon/an/a
October 2025$39.0MCurrentNon/an/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 February 6, 2026, 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.

TrustLoan no.BalanceReport periodSource
BBCMS Mortgage Trust 2022-C148$39,000,000Sep 2026SEC filing, September 29, 2026

Alert me when this loan changes

One email after any monthly filing that changes this loan: a move to or from the special servicer, a payment status of 30+ days late or matured, a paydown of 1% or more, or coverage moving 0.15x or occupancy 5 points. Privacy

Other New York-Newark-Jersey City loans due in 2031

Property Location Type Balance Rate Matures DSCR Occ. Status
375 Pearl Street New York, NY Office $220.0M 3.368% Jun 2031 2.15x 100% Current
Park Avenue Plaza New York, NY Office $180.0M 2.837% Nov 2031 3.70x 100% Current
535-545 Fifth Avenue New York, NY Mixed use $179.6M 7.06% Jan 2031 n/a n/a Current
15 West 47th Street New York, NY Office $141.0M 3.51% Jan 2031 n/a n/a Current
2 Washington Street New York, NY Multifamily $131.5M 3.45% Aug 2031 n/a n/a With the special servicer and 90+ days delinquent
535 & 545 5th Avenue New York, NY Mixed use $129.7M 7.06% Jan 2031 n/a n/a Current
1 Willoughby Square Brooklyn, NY Office $125.0M 6.786% Jan 2031 0.97x 91% Current
The Arches Bronx, NY Other $120.0M 5.436% Feb 2031 n/a n/a Current

All loans maturing in 2031 · 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.