Other · Mamaroneck, New York
Palmer Terrace Cooperative, Inc.
Palmer Terrace Cooperative, Inc. is financed with a $1.9M CMBS loan at 3.66% that reaches maturity on October 1, 2027, in 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $1,867,589
- Original balance (same notes)
- $2,500,000
- Interest rate
- 3.66% fixed
- Originated
- September 14, 2017
- Maturity
- October 1, 2027
- Payments
- Amortizing over 25 years
- Prepayment premium ends
- October 1, 2027
- 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
- 309-709 Palmer Terrace, Mamaroneck, NY 10543
- Metro
- New York-Newark-Jersey City, NY-NJ
- Units, rooms or beds
- 191
- Built
- 1960, renovated 1997
- Value at securitization
- $47.1M (Aug 2017)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 16.49x | n/a |
| Occupancy | 95% | n/a |
| Net operating income | $2.5M | n/a |
Watch flags
Computed from the BANK 2017-BNK8 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 | $1.9M | Current | No | n/a | n/a |
| August 2026 | $1.9M | Current | No | n/a | n/a |
| July 2026 | $1.9M | Current | No | n/a | n/a |
| June 2026 | $1.9M | Current | No | n/a | n/a |
| May 2026 | $1.9M | Current | No | n/a | n/a |
| April 2026 | $1.9M | Current | No | n/a | n/a |
| March 2026 | $1.9M | Current | No | n/a | n/a |
| February 2026 | $1.9M | Current | No | n/a | n/a |
| January 2026 | $1.9M | Current | No | n/a | n/a |
| December 2025 | $1.9M | Current | No | n/a | n/a |
| November 2025 | $1.9M | Current | No | n/a | n/a |
| October 2025 | $1.9M | Late payment but less than 30 days delinquent | 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 2017-BNK8 | 48 | $1,867,589 | Sep 2026 | SEC filing, October 1, 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.