Other · New York, New York
439 East 88 Owners Corp.
439 East 88th St, New York, NY · Google Maps
BANK 2018-BNK13's 10-D report of October 19, 2026 lists the CMBS loan on 439 East 88 Owners Corp. with $1.0M outstanding at 4.39%, paid through October 1, 2026; it reaches maturity on July 1, 2028. The trust's monthly asset file has left the loan out since September 2026, so the other figures here are from the last one that listed it, for the period ending August 11, 2026, and the loan has no current status.
The loan
- Balance on the 10-D of October 19, 2026
- $1,015,362
- Paid through, on the 10-D
- October 1, 2026
- Balance on the asset file for Aug 2026
- $1,019,788
- Original balance (same notes)
- $1,200,000
- Interest rate
- 4.39% fixed
- Originated
- June 27, 2018
- Maturity
- July 1, 2028
- Payments
- Amortizing over 30 years
- Prepayment premium ends
- July 1, 2028
- Master servicer
- NCB
- Originator
- NATIONAL COOPERATIVE BANK N.A.
Status on the asset file for Aug 2026
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
What the trust's asset file said for the period ending August 11, 2026. Its later files leave the loan out, so nothing newer is known here beyond the 10-D's paid-through date, October 1, 2026. Why.
The property
- Address
- 439 East 88th St, New York, NY 10128
- Metro
- New York-Newark-Jersey City, NY-NJ
- Units, rooms or beds
- 31
- Built
- 1880, renovated 2016
- Value at securitization
- $20.9M (Apr 2018)
Performance
| Measure | At securitization | Latest (Sep 2017) |
|---|---|---|
| DSCR (NOI) | 6.98x | -0.54x |
| Occupancy | 95% | 95% |
| Net operating income (annualized from 9 months) | $502K | $-20K |
| Debt yield | -2.0% |
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.
Comparable loans: other properties in New York-Newark-Jersey City, NY-NJ, with NOI, occupancy and value.
Watch flags
None: the trust's latest asset file leaves this loan out, so there is no current filing to read them from. The loan counts in no list, total or watch figure on this site until a filing lists it again.
Who is behind this loan
- Parties and contacts named by the trust
- Shown with Pro
Source: SEC Form 10-D, Exhibit 99.1 distribution statement, filed Oct 2026.
Refinance and early payoff, at today's rates
This estimate uses today's Treasury curve and needs JavaScript.
Rough estimates, not quotes. New loan: the filed NOI divided by the coverage you set, at the Treasury yield for the term plus your spread. Early payoff: the present value of the remaining scheduled payments to the open date at today's Treasury yields, less the balance, which is roughly what defeasance or yield maintenance costs. Loan documents, fees and the securities bought change the real number. Treasury yields: U.S. Treasury daily par curve.
Where the loan sits
One trust holds this loan in the data.
| Trust | Asset no. in that trust | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2018-BNK13 | 59 | $1,015,362on the 10-D of October 19, 2026, paid through October 1, 2026 | Aug 2026the last asset file to list it | SEC filing, August 27, 2026; 10-D |
BANK 2018-BNK13's monthly asset file leaves out the note marked above, since September 2026, while the trust's 10-D still reports it. Its balance is the 10-D's; its other figures are from the last asset file that listed it. Why.
Other New York-Newark-Jersey City loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| One SoHo Square | New York, NY | Office | $469.0M | 2.725% | Aug 2028 | 1.78x | 86% | With the special servicer |
| 11 West 42nd Street | New York, NY | Office | $274.0M | 7.44% | Jul 2028 | 1.27x | 99% | Current |
| 636 11th Avenue | New York, NY | Office | $240.0M | 4.073% | Jun 2028 | 2.84x | 100% | Current |
| Harborside 2-3 | Jersey City, NJ | Office | $225.0M | 5.84% | Apr 2028 | 2.29x | 76% | Current |
| 3 Park Avenue | New York, NY | Office | $182.0M | 4.75% | Dec 2028 | 0.61x | 47% | Current |
| Gateway Center South | Brooklyn, NY | Retail | $162.5M | 6.873% | Jun 2028 | 1.69x | 99% | Current |
| 685 Fifth Avenue Retail | New York, NY | Retail | $160.0M | 3.871% | Jul 2028 | 3.13x | 100% | With the special servicer |
| 65 Broadway | New York, NY | Office | $151.5M | 4.935% | Dec 2028 | 1.21x | 55% | Current |
All loans maturing in 2028 · 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 August 11, 2026, and the trust's 10-D report of October 19, 2026 for the balance and paid-through date. Servicers report these figures; cmbs.news does not audit them. How this page is built.