Other · Bayside, New York
Bay Terrace Cooperative Section VIII Inc
Bay Terrace Cooperative Section VIII Inc is financed with a $5.3M CMBS loan at 3.92% that reaches maturity on February 1, 2028, in 15 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,302,459
- Original balance (same notes)
- $6,100,000
- Interest rate
- 3.92% fixed
- Originated
- January 31, 2018
- Maturity
- February 1, 2028
- Payments
- Amortizing over 35 years
- Prepayment premium ends
- February 1, 2028
- Master servicer
- NCB
- Originator
- NATIONAL COOPERATIVE BANK N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 209-20 18th Ave, Bayside, NY 11360
- Metro
- New York-Newark-Jersey City, NY-NJ
- Units, rooms or beds
- 120
- Built
- 1960, renovated 1997
- Value at securitization
- $30.1M (Nov 2017)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 5.02x | n/a |
| Occupancy | 95% | n/a |
| Net operating income | $1.6M | n/a |
Watch flags
Computed from the BANK 2018-BNK11 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.3M | Current | No | n/a | n/a |
| August 2026 | $5.3M | Current | No | n/a | n/a |
| July 2026 | $5.3M | Current | No | n/a | n/a |
| June 2026 | $5.3M | Current | No | n/a | n/a |
| May 2026 | $5.3M | Current | No | n/a | n/a |
| April 2026 | $5.3M | Current | No | n/a | n/a |
| March 2026 | $5.4M | Current | No | n/a | n/a |
| February 2026 | $5.4M | Current | No | n/a | n/a |
| January 2026 | $5.4M | Current | No | n/a | n/a |
| December 2025 | $5.4M | Current | No | n/a | n/a |
| November 2025 | $5.4M | Current | No | n/a | n/a |
| October 2025 | $5.4M | 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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2018-BNK11 | 22 | $5,302,459 | Sep 2026 | SEC filing, October 1, 2026 |
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 | 85% | With the special servicer |
| 11 West 42nd Street | New York, NY | Office | $274.0M | 7.44% | Jul 2028 | 1.27x | 99% | 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 | 98% | Current |
| 685 Fifth Avenue Retail | New York, NY | Retail | $160.0M | 3.871% | Jul 2028 | 3.13x | 100% | With the special servicer |
| 1745 Broadway | New York, NY | Office | $144.0M | 3.768% | Jun 2028 | 2.52x | 88% | Current |
| 65 Broadway, New York (2028 maturity), loan 4Sb in CF 2019-CF1 Mortgage Trust | New York, NY | Office | $136.0M | 4.935% | Dec 2028 | n/a | n/a | 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 September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.