Multifamily portfolio, 6 properties · Bronx, New York
3425 Knox Place
This portfolio is financed with a $43.8M CMBS loan at 3.74% that reaches maturity on February 1, 2030, in 3 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
- $43,800,000
- Original balance (same notes)
- $43,800,000
- Interest rate
- 3.74% fixed
- Originated
- January 24, 2020
- Maturity
- February 1, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 31, 2029
- Master servicer
- Midland
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3425 Knox Place, Bronx, NY 10467
- Metro
- New York-Newark-Jersey City, NY-NJ
- Value at securitization
- $65.3M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 6 months) | $3.3M | $7.2M |
| Debt yield | 16.4% |
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 Morgan Stanley Capital I Trust 2020-L4 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.
What the filing shows
- Net operating income is 116% above the underwritten figure ($7.2M a year against $3.3M; the latest statement covers 6 months, annualized).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| 3425 Knox Place | Bronx, NY | Multifamily | 100% | 2.06x |
| 1055 Grand Concourse | Bronx, NY | Multifamily | 100% | 1.98x |
| 2081-2085 Valentine Avenue | Bronx, NY | Multifamily | 100% | 2.99x |
| 2264 Creston Avenue | Bronx, NY | Multifamily | 98% | 1.96x |
| 104 West 190th Street | Bronx, NY | Multifamily | 100% | 1.77x |
| 1354 Commonwealth Avenue | Bronx, NY | Multifamily | 100% | 1.79x |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $43.8M | Current | No | 2.06x | 100% |
| August 2026 | $43.8M | Current | No | 2.06x | 100% |
| July 2026 | $43.8M | Current | No | n/a | n/a |
| June 2026 | $43.8M | Current | No | n/a | n/a |
| May 2026 | $43.8M | Current | No | n/a | n/a |
| April 2026 | $43.8M | Current | No | 2.14x | 100% |
| March 2026 | $43.8M | Current | No | 2.14x | 100% |
| February 2026 | $43.8M | Current | No | 2.14x | 100% |
| January 2026 | $43.8M | Current | No | 2.02x | 100% |
| December 2025 | $43.8M | Current | No | 2.02x | 100% |
| November 2025 | $43.8M | Current | No | 2.02x | 100% |
| October 2025 | $43.8M | 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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2020-L4 | 5 | $43,800,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other New York-Newark-Jersey City loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 711 Fifth Avenue | New York, NY | Mixed use | $545.0M | 3.16% | Mar 2030 | 2.71x | 66% | Current |
| Kings Plaza | Brooklyn, NY | Retail | $487.0M | 3.359% | Jan 2030 | 2.38x | 91% | Current |
| Grace Building | New York, NY | Office | $450.0M | 2.692% | Dec 2030 | n/a | n/a | Current |
| 545 Washington Boulevard | Jersey City, NJ | Office | $251.6M | 3.405% | Feb 2030 | 2.00x | 91% | Current |
| 605 Third Avenue | New York, NY | Office | $231.0M | 1.938% | Dec 2030 | 4.66x | 83% | Current |
| The Spiral | New York, NY | Office | $200.0M | 5.50% | Jan 2030 | n/a | n/a | Current |
| 250 West 57th Street | New York, NY | Office | $180.0M | 2.829% | Dec 2030 | 4.41x | 85% | Current |
| Mall at Bay Plaza | The Bronx, NY | Retail | $170.0M | 6.715% | Nov 2030 | n/a | n/a | Current |
All loans maturing in 2030 · 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.