Office · Ronkonkoma, New York
3455 Veterans Memorial Highway
3455 Veterans Memorial Highway is financed with a $20.0M CMBS loan 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
- $20,000,000
- Original balance (same notes)
- $20,000,000
- Interest rate
- 5.63%
- Originated
- July 29, 2022
- Maturity
- August 6, 2032
- Payments
- Interest only for the full term
- Master servicer
- KeyBank Real Estate Capital
- Originator
- BMO
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 3455 Veterans Memorial Highway, Ronkonkoma, NY 11779
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 151,730 sq ft
- Largest tenants
- County of Suffolk; New York SMSA; T-Mobile Northeast
- Value at securitization
- $49.5M
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 0.92x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | n/a | $1.6M |
| Debt yield | 7.9% |
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 BBCMS Mortgage Trust 2022-C17 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage below 1.00x
On the cmbs.news watch list in every report since April 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
- At 0.92x, 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 | $20.0M | Not reported | No | 0.92x | 100% |
| August 2026 | $20.0M | Not reported | No | 0.84x | 100% |
| July 2026 | $20.0M | Not reported | No | 0.84x | 100% |
| June 2026 | $20.0M | Not reported | No | 0.84x | 100% |
| May 2026 | $20.0M | Not reported | No | 0.85x | 100% |
| April 2026 | $20.0M | Not reported | No | 0.85x | 100% |
| March 2026 | $20.0M | Not reported | No | 1.68x | 100% |
| February 2026 | $20.0M | Not reported | No | 1.68x | 100% |
| January 2026 | $20.0M | Not reported | No | 1.68x | 100% |
| December 2025 | $20.0M | Not reported | No | 1.01x | 100% |
| November 2025 | $20.0M | Not reported | No | 0.99x | 100% |
| October 2025 | $20.0M | Not reported | 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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2022-C17 | 21-A-1 | $20,000,000 | Sep 2026 | SEC filing, September 29, 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.