Office portfolio, 2 properties · Hauppauge, New York
Hauppauge Office Park
Public CMBS trusts hold $66.5M of the loan on this portfolio at 3.84% that reaches maturity on January 6, 2031, in 4 years and 2 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $66,501,944
- Original balance (same notes)
- $70,000,000
- Interest rate
- 3.84% fixed
- Originated
- December 7, 2020
- Maturity
- January 6, 2031
- Payments
- Interest only for 37 months, then amortizing
- Prepayment lockout ends
- October 5, 2030
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc., Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 878, 888, and 898 Veterans Memorial Highway, Hauppauge, NY 11788
- Metro
- New York-Newark-Jersey City, NY-NJ
- Value at securitization
- $130.1M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $8.3M | $5.5M |
| Debt yield | 8.3% |
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 GS Mortgage Securities Trust 2020-GSA2 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
- NOI down 20% or more from securitization
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
- Net operating income is 34% below the underwritten figure ($5.5M a year against $8.3M).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Hauppauge Office Park | Hauppauge, NY | Office | 66% | 1.46x |
| 20 Commerce Drive | Cranford, NJ | Office | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $66.5M | Current | No | 1.46x | 66% |
| September 2026 | $66.6M | Current | No | n/a | n/a |
| August 2026 | $66.7M | Current | No | n/a | n/a |
| July 2026 | $66.8M | Current | No | n/a | n/a |
| June 2026 | $66.9M | Current | No | n/a | n/a |
| May 2026 | $67.1M | Current | No | n/a | n/a |
| April 2026 | $67.2M | Current | No | 1.41x | 86% |
| March 2026 | $67.5M | Late payment but less than 30 days delinquent | No | 1.42x | 86% |
| February 2026 | $67.4M | Current | No | 1.42x | 86% |
| January 2026 | $67.5M | Current | No | 1.42x | 86% |
| December 2025 | $67.6M | Current | No | 1.42x | 86% |
| November 2025 | $67.7M | Current | No | 1.39x | 86% |
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 |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2020-GSA2 | 2 | $66,501,944 | Oct 2026 | SEC filing, October 22, 2026 |
Other New York-Newark-Jersey City loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 375 Pearl Street | New York, NY | Office | $220.0M | 3.368% | Jun 2031 | 2.15x | 100% | Current |
| Park Avenue Plaza | New York, NY | Office | $180.0M | 2.837% | Nov 2031 | 3.70x | 100% | Current |
| 535-545 Fifth Avenue | New York, NY | Mixed use | $179.6M | 7.06% | Jan 2031 | n/a | n/a | Current |
| 15 West 47th Street | New York, NY | Office | $141.0M | 3.51% | Jan 2031 | n/a | n/a | Current |
| 2 Washington Street | New York, NY | Multifamily | $131.5M | 3.45% | Aug 2031 | n/a | n/a | With the special servicer and 90+ days delinquent |
| 535 & 545 5th Avenue | New York, NY | Mixed use | $129.7M | 7.06% | Jan 2031 | n/a | n/a | Current |
| 1 Willoughby Square | Brooklyn, NY | Office | $125.0M | 6.786% | Jan 2031 | 0.97x | 91% | Current |
| The Arches | Bronx, NY | Other | $120.0M | 5.436% | Feb 2031 | n/a | n/a | Current |
All loans maturing in 2031 · 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 October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.