Mixed use · New York, New York
394 Broadway
394 Broadway is financed with a $18.6M CMBS loan at 5.41% that reaches maturity on April 1, 2029, in 2 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $18,650,000
- Original balance (same notes)
- $18,650,000
- Interest rate
- 5.41% fixed
- Originated
- March 6, 2019
- Maturity
- April 1, 2029
- Payments
- Interest only for the full term
- Master servicer
- KeyBank Real Estate Capital
- Originator
- Cantor Commercial Real Estate Lending, L.P.
Status
- Payment status
- Not reported
- Special servicing
- Transferred July 9, 2021, returned November 17, 2021
- Workout strategy
- Resolved
- Modified
- Yes, most recently June 1, 2021
- Defeasance
- None reported
The property
- Address
- 394 Broadway, New York, NY 10013
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 32,285 sq ft
- Built
- 1920, renovated 2009
- Largest tenants
- Andrew Kreps Gallery; Semafor; Billion Dollar Boy
- Value at securitization
- $29.5M (Jan 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 1.37x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | n/a | $1.4M |
| Debt yield | 7.5% |
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 CF 2019-CF1 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- Modified
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
- The filing gives Aug 2028 as the lease end date for the largest tenant (Andrew Kreps Gallery), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $18.6M | Not reported | No | 1.37x | 100% |
| August 2026 | $18.6M | Not reported | No | 1.08x | 85% |
| July 2026 | $18.6M | Not reported | No | 1.08x | 85% |
| June 2026 | $18.6M | Not reported | No | 1.01x | 83% |
| May 2026 | $18.6M | Not reported | No | 1.01x | 85% |
| April 2026 | $18.6M | Not reported | No | 1.01x | 85% |
| March 2026 | $18.6M | Not reported | No | 0.96x | 83% |
| February 2026 | $18.6M | Not reported | No | 0.96x | 83% |
| January 2026 | $18.6M | Not reported | No | 0.96x | 83% |
| December 2025 | $18.6M | Not reported | No | 0.84x | 100% |
| November 2025 | $18.6M | Not reported | No | 0.84x | 100% |
| October 2025 | $18.6M | Not reported | No | 0.84x | 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.
Special-servicing history
- Transferred to the special servicer July 9, 2021, returned to the master servicer November 17, 2021.
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.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CF 2019-CF1 Mortgage Trust | 16 | $18,650,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other New York-Newark-Jersey City loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 1633 Broadway | New York, NY | Office | $780.0M | 2.99% | Dec 2029 | 2.87x | 76% | Current |
| 650 Madison Avenue | New York, NY | Mixed use | $545.8M | 3.486% | Dec 2029 | 1.25x | 62% | Current |
| Queens Center | Elmhurst, NY | Retail | $510.0M | 5.37% | Nov 2029 | 1.94x | 93% | Current |
| 3 Columbus Circle | New York, NY | Mixed use | $490.0M | 3.914% | Mar 2029 | 2.80x | 90% | Current |
| 30 Hudson Yards | New York, NY | Office | $422.0M | 3.11% | Jul 2029 | n/a | n/a | Current |
| 55 Hudson Yards | New York, NY | Office | $371.7M | 2.95% | Dec 2029 | n/a | n/a | Current |
| Gateway Center North | Brooklyn, NY | Retail | $300.0M | 6.827% | Nov 2029 | n/a | n/a | Current |
| 640 5th Avenue | New York, NY | Mixed use | $288.6M | 6.129% | Jul 2029 | 2.35x | 90% | Current |
All loans maturing in 2029 · 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.