Multifamily · Bronx, New York
533 Concord Avenue
533 Concord Avenue, Bronx, NY · Google Maps
533 Concord Avenue is financed with a $14.3M CMBS loan at 6.382% that reaches maturity on December 6, 2035, in 9 years and 1 month. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $14,350,000
- Original balance (same notes)
- $14,350,000
- Interest rate
- 6.382% fixed
- Originated
- November 20, 2025
- Maturity
- December 6, 2035
- Payments
- Interest only for the full term
- Prepayment lockout ends
- June 5, 2035
- Master servicer
- Trimont LLC
- Originator
- Argentic Real Estate Finance 2 LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 533 Concord Avenue, Bronx, NY 10455
- Metro
- New York-Newark-Jersey City, NY-NJ
- Units, rooms or beds
- 55
- Built
- 2025
- Value at securitization
- $26.1M (Aug 2025)
Performance
| Measure | At securitization | Latest |
|---|---|---|
| DSCR (NOI) | 1.75x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $1.6M | n/a |
Comparable loans: multifamily properties in New York-Newark-Jersey City, NY-NJ, with NOI, occupancy and value.
Watch flags
Computed from the Morgan Stanley Bank of America Merrill Lynch Trust 2026-C36 filing for the reporting period ending October 13, 2026, filed with the SEC October 28, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
Who is behind this loan
- Non-recourse carveout guarantor and sponsor
- Shown with Pro
- Parties and contacts named by the trust
- Shown with Pro
Source: SEC Form 424B2 prospectus, Annex A-1, filed Aug 2026.
Source: SEC Form 10-D, Exhibit 99.1 distribution statement, filed Oct 2026.
Operating statement
| Annual | At securitization | Latest | Per unit |
|---|---|---|---|
| Revenue | $1.9M | n/a | |
| Operating expenses | $254K | n/a | |
| Net operating income | $1.6M | n/a | |
| Net cash flow | $1.6M | n/a | |
| Expense ratio | 13.5% | n/a |
From the servicer's Schedule AL report; 55 units.
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.
The last 3 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $14.3M | Current | No | n/a | n/a |
| September 2026 | $14.3M | Current | No | n/a | n/a |
| August 2026 | $14.3M | Current | No | 0.97x | 100% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements.
Where the loan sits
One trust holds this loan in the data.
| Trust | Asset no. in that trust | Balance | Report period | Source |
|---|---|---|---|---|
| Morgan Stanley Bank of America Merrill Lynch Trust 2026-C36 | 18 | $14,350,000 | Oct 2026 | SEC filing, October 28, 2026 |
Other New York-Newark-Jersey City loans due in 2035
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 32 Old Slip - Leased Fee | New York, NY | Other | $167.0M | 5.65% | May 2035 | 1.01x | 100% | Current |
| Rentar Plaza | Queens, NY | Mixed use | $160.0M | 5.581% | Jul 2035 | 2.75x | 99% | Current |
| 255 Greenwich | New York, NY | Office | $147.0M | 6.405% | Dec 2035 | 1.64x | 91% | Current |
| Uovo QPN | New York, NY | Self storage | $143.0M | 6.485% | Feb 2035 | 1.60x | 91% | Current |
| 29-33 9th Ave (Soho House) | New York, NY | Mixed use | $135.0M | 6.44% | Feb 2035 | 1.09x | 100% | Current |
| 512 West 22nd Street | New York, NY | Office | $130.0M | 6.641% | Sep 2035 | 1.57x | 100% | Current |
| 525 7th Avenue | New York, NY | Mixed use | $125.0M | 6.28% | Nov 2035 | 2.98x | 96% | Current |
| 4 Union Square South | New York, NY | Retail | $120.0M | 5.642% | Sep 2035 | 2.60x | 100% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 13, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.