Multifamily portfolio, 13 properties · New York, New York
416 West 23rd Street
Public CMBS trusts hold $60.0M of the loan on this portfolio at 4.712% that reaches maturity on September 6, 2027, in 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $60,000,000
- Original balance (same notes)
- $60,000,000
- Interest rate
- 4.712% fixed
- Originated
- August 7, 2017
- Maturity
- September 6, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ends
- June 5, 2027
- Originator
- CCRE
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 416 West 23rd Street, New York, NY 10011
- Metro
- New York-Newark-Jersey City, NY-NJ
- Value at securitization
- $128.8M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $4.6M | n/a |
Watch flags
Computed from the CCUBS Commercial Mortgage Trust 2017-C1 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Matures within 12 months
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
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| 416 West 23rd Street | New York, NY | Multifamily | n/a | n/a |
| 454 West 22nd Street | New York, NY | Multifamily | n/a | n/a |
| 307 West 29th Street | New York, NY | Multifamily | n/a | n/a |
| 313 West 29th Street | New York, NY | Multifamily | n/a | n/a |
| 466 West 23rd Street | New York, NY | Multifamily | n/a | n/a |
| 326 West 23rd Street | New York, NY | Multifamily | n/a | n/a |
| 456 West 22nd Street | New York, NY | Multifamily | n/a | n/a |
| 309 West 29th Street | New York, NY | Multifamily | n/a | n/a |
| 310 West 22nd Street | New York, NY | Multifamily | n/a | n/a |
| 348 West 21st Street | New York, NY | Multifamily | n/a | n/a |
| 339 West 19th Street | New York, NY | Multifamily | n/a | n/a |
| 341 West 19th Street | New York, NY | Multifamily | n/a | n/a |
| 431 West 22nd Street | New York, NY | Multifamily | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $60.0M | Current | No | n/a | n/a |
| August 2026 | $60.0M | Current | No | n/a | n/a |
| July 2026 | $60.0M | Current | No | n/a | n/a |
| June 2026 | $60.0M | Current | No | n/a | n/a |
| May 2026 | $60.0M | Current | No | n/a | n/a |
| April 2026 | $60.0M | Current | No | 1.03x | 73% |
| March 2026 | $60.0M | Current | No | 1.03x | n/a |
| February 2026 | $60.0M | Current | No | 1.03x | n/a |
| January 2026 | $60.0M | Current | No | n/a | n/a |
| December 2025 | $60.0M | Current | No | n/a | n/a |
| November 2025 | $60.0M | Current | No | n/a | n/a |
| October 2025 | $60.0M | 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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CCUBS Commercial Mortgage Trust 2017-C1 | 5 | $35,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-C4 | 16 | $25,000,000 | Sep 2026 | SEC filing, September 25, 2026 |
Other New York-Newark-Jersey City loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| General Motors Building | New York, NY | Mixed use | $726.3M | 3.43% | Jun 2027 | 2.58x | 99% | Current |
| 245 Park Avenue | New York, NY | Office | $700.0M | 3.669% | Jun 2027 | 2.08x | 97% | Current |
| Yorkshire Towers | New York, NY | Multifamily | $318.0M | 3.04% | Jun 2027 | n/a | n/a | Current |
| Olympic Tower | New York, NY | Mixed use | $280.0M | 3.954% | May 2027 | n/a | n/a | Current |
| 85 Broad Street | New York, NY | Office | $241.0M | 3.693% | Jun 2027 | 2.28x | 62% | With the special servicer |
| 225 & 233 Park Avenue South | New York, NY | Office | $235.0M | 3.651% | Jun 2027 | -0.14x | 29% | Current |
| Worldwide Plaza | New York, NY | Office | $235.0M | 3.605% | Nov 2027 | 1.49x | 62% | With the special servicer and 90+ days delinquent |
| 237 Park Avenue | New York, NY | Office | $215.4M | 3.752% | Aug 2027 | 3.71x | 89% | Current |
All loans maturing in 2027 · All New York-Newark-Jersey City loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting periods ending September 8, 2026, September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.