Office · Ronkonkoma, New York
3455 Veterans Hwy
Public CMBS trusts hold $10.0M of the loan on 3455 Veterans Hwy at 5.63% that reaches maturity on August 6, 2032, in 5 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,000,000
- Original balance (same notes)
- $10,000,000
- Interest rate
- 5.63% fixed
- Originated
- July 29, 2022
- Maturity
- August 6, 2032
- Payments
- Interest only for the full term
- Prepayment lockout ended
- November 5, 2024
- Prepayment premium ends
- April 5, 2032 (yield maintenance)
- Master servicer
- KeyBank National Association
- Originator
- Bank of Montreal
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3455 Veterans Memorial Highway, Ronkonkoma, NY 11779
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 151,730 sq ft
- Built
- 2003
- Largest tenants
- County of Suffolk; New Cingular Wireless PCS, LLC; New York SMSA Limited Part
- Value at securitization
- $49.5M (Jun 2022)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.61x | 0.84x |
| Occupancy | 100% | 100% |
| Net operating income | $2.8M | $1.4M |
| Debt yield | 14.4% |
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 BMO 2022-C3 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
On the cmbs.news watch list in every report since July 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
- Net operating income is 48% below the underwritten figure ($1.4M a year against $2.8M).
- Debt service coverage moved from 1.61x at securitization to 0.84x on the latest statements.
- At 0.84x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.0M | Current | No | 0.84x | 100% |
| August 2026 | $10.0M | Current | No | 0.84x | 100% |
| July 2026 | $10.0M | Current | No | 0.84x | 100% |
| June 2026 | $10.0M | Current | No | n/a | n/a |
| May 2026 | $10.0M | Current | No | n/a | n/a |
| April 2026 | $10.0M | Current | No | 0.99x | 100% |
| March 2026 | $10.0M | Current | No | 0.99x | 100% |
| February 2026 | $10.0M | Current | No | 0.99x | 100% |
| January 2026 | $10.0M | Current | No | 0.99x | 100% |
| December 2025 | $10.0M | Current | No | 0.99x | 100% |
| November 2025 | $10.0M | Current | No | 0.99x | 100% |
| October 2025 | $10.0M | Current | No | 0.99x | 100% |
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 2022-C3 Mortgage Trust | 25 | $10,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other New York-Newark-Jersey City loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 601 Lexington Avenue | New York, NY | Office | $573.3M | 2.792% | Jan 2032 | n/a | n/a | Current |
| 79 Fifth Avenue | New York, NY | Office | $240.0M | 4.92% | May 2032 | 0.93x | 99% | Current |
| Bell Works | Holmdel, NJ | Office | $210.0M | 5.11% | May 2032 | n/a | n/a | Current |
| 333 River Street | Hoboken, NJ | Multifamily | $125.0M | 2.315% | Jan 2032 | 7.49x | 98% | Current |
| 2 Riverfront Plaza | Newark, NJ | Office | $110.0M | 4.26% | Jan 2032 | 2.40x | 100% | Current |
| Rose Castle Apartments | Brooklyn, NY | Multifamily | $105.0M | 4.045% | Mar 2032 | 1.84x | 100% | Current |
| 330 West 34th Street Leased Fee | New York, NY | Mixed use | $100.0M | 4.55% | Sep 2032 | n/a | n/a | Current |
| 469 7th Avenue | New York, NY | Mixed use | $98.0M | 6.03% | Sep 2032 | 1.86x | 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.