Office · New York, New York
50 Broadway
50 Broadway is financed with a $62.0M CMBS loan at 4.13% that reaches maturity on April 1, 2027, in 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
- $62,000,000
- Original balance (same notes)
- $62,000,000
- Interest rate
- 4.13% fixed
- Originated
- March 14, 2017
- Maturity
- April 1, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ends
- December 31, 2026
- Master servicer
- Trimont LLC
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 50 Broadway, New York, NY 10004
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 351,999 sq ft
- Built
- 1927
- Largest tenants
- UFT-ENT 14 PT 0 1 8 9 15; UFT WELFARE FUND-2ND& 7TH FL; CENTERFOR EMPLOYMENT
- Value at securitization
- $150.0M (Feb 2017)
Performance
| At securitization | Latest (Jul 2025) | |
|---|---|---|
| DSCR (NOI) | 2.57x | 1.96x |
| Occupancy | 90% | 72% |
| Net operating income | $6.7M | $5.1M |
| Debt yield | 8.2% |
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 CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P7 filing for the reporting period ending September 10, 2026, filed with the SEC September 30, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
- 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.
What the filing shows
- Occupancy has fallen from 90% when the loan was securitized to 72%.
- Net operating income is 24% below the underwritten figure ($5.1M a year against $6.7M).
- Debt service coverage moved from 2.57x at securitization to 1.96x on the latest statements.
The last 11 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $62.0M | Current | No | 1.96x | 72% |
| August 2026 | $62.0M | Current | No | 1.96x | 72% |
| July 2026 | $62.0M | Current | No | 1.96x | 72% |
| June 2026 | $62.0M | Current | No | 1.96x | 72% |
| May 2026 | $62.0M | Current | No | 1.96x | 72% |
| April 2026 | $62.0M | Current | No | 1.96x | 72% |
| March 2026 | $62.0M | Current | No | 1.96x | 72% |
| February 2026 | $62.0M | Current | No | 1.96x | 72% |
| January 2026 | $62.0M | Current | No | 1.98x | 72% |
| November 2025 | $62.0M | Current | No | 2.09x | 72% |
| October 2025 | $62.0M | Current | No | 2.09x | 72% |
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 |
|---|---|---|---|---|
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P7 | 2 | $62,000,000 | Sep 2026 | SEC filing, September 30, 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 period ending September 10, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.