Other · Brooklyn, New York
Oceanview Towers
Oceanview Towers is financed with a $5.5M CMBS loan at 4.31% that reaches maturity on January 1, 2027, in 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,457,404
- Original balance (same notes)
- $6,100,000
- Interest rate
- 4.31% fixed
- Originated
- December 14, 2016
- Maturity
- January 1, 2027
- Payments
- Amortizing over 40 years
- 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
- 2652 Cropsey Ave, Brooklyn, NY 11214
- Metro
- New York-Newark-Jersey City, NY-NJ
- Units, rooms or beds
- 160
- Built
- 1967, renovated 2014
- Value at securitization
- $52.7M (Nov 2016)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 7.02x | n/a |
| Occupancy | 95% | n/a |
| Net operating income | $2.2M | n/a |
Watch flags
Computed from the Wells Fargo Commercial Mortgage Trust 2017-RC1 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- 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.
The last 11 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.5M | Current | No | n/a | n/a |
| August 2026 | $5.5M | Current | No | n/a | n/a |
| July 2026 | $5.5M | Current | No | n/a | n/a |
| June 2026 | $5.5M | Current | No | n/a | n/a |
| May 2026 | $5.5M | Current | No | n/a | n/a |
| April 2026 | $5.5M | Current | No | n/a | n/a |
| March 2026 | $5.5M | Current | No | n/a | n/a |
| January 2026 | $5.5M | Current | No | n/a | n/a |
| December 2025 | $5.5M | Current | No | n/a | n/a |
| November 2025 | $5.5M | Current | No | n/a | n/a |
| October 2025 | $5.5M | 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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2017-RC1 | 31 | $5,457,404 | Sep 2026 | SEC filing, September 29, 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 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.