Mixed use · Bronx, New York
The Hub, Bronx
Public CMBS trusts hold $44.2M of the loan on The Hub at 3.493% that reaches maturity on October 6, 2030, in 3 years and 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
- $44,205,881
- Original balance (same notes)
- $44,205,881
- Interest rate
- 3.493% fixed
- Originated
- September 30, 2020
- Maturity
- October 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 5, 2030
- Master servicer
- Midland Loan Services
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2984-3036 Third Avenue, Bronx, NY 10455
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 172,136 sq ft
- Built
- 2006
- Largest tenants
- Department of Finance; Forman Mills; Aldi Food Market
- Value at securitization
- $80.8M (Sep 2020)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 3.15x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $4.9M | n/a |
Watch flags
Computed from the Benchmark 2020-B21 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 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.
What the filing shows
- The filing gives Nov 2027 as the lease end date for the largest tenant (Department of Finance), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $44.2M | Current | No | n/a | n/a |
| August 2026 | $44.2M | Current | No | n/a | n/a |
| July 2026 | $44.2M | Current | No | n/a | n/a |
| June 2026 | $44.2M | Current | No | n/a | n/a |
| May 2026 | $44.2M | Current | No | n/a | n/a |
| April 2026 | $44.2M | Current | No | 2.67x | 100% |
| March 2026 | $44.2M | Current | No | 2.67x | 100% |
| February 2026 | $44.2M | Current | No | 2.67x | 100% |
| January 2026 | $44.2M | Current | No | 2.67x | 100% |
| December 2025 | $44.2M | Current | No | 2.51x | 100% |
| November 2025 | $44.2M | Current | No | 2.51x | 96% |
| October 2025 | $44.2M | Current | No | 2.51x | 96% |
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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2020-B20 Mortgage Trust | 17 | $25,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| Benchmark 2020-B21 Mortgage Trust | 23 | $19,205,881 | Sep 2026 | SEC filing, September 28, 2026 |
Other New York-Newark-Jersey City loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 711 Fifth Avenue | New York, NY | Mixed use | $545.0M | 3.16% | Mar 2030 | 2.71x | 66% | Current |
| Kings Plaza | Brooklyn, NY | Retail | $487.0M | 3.359% | Jan 2030 | 2.38x | 91% | Current |
| Grace Building | New York, NY | Office | $450.0M | 2.692% | Dec 2030 | n/a | n/a | Current |
| 545 Washington Boulevard | Jersey City, NJ | Office | $251.6M | 3.405% | Feb 2030 | 2.00x | 91% | Current |
| 605 Third Avenue | New York, NY | Office | $231.0M | 1.938% | Dec 2030 | 4.66x | 83% | Current |
| The Spiral | New York, NY | Office | $200.0M | 5.50% | Jan 2030 | n/a | n/a | Current |
| 250 West 57th Street | New York, NY | Office | $180.0M | 2.829% | Dec 2030 | 4.41x | 85% | Current |
| Mall at Bay Plaza | The Bronx, NY | Retail | $170.0M | 6.715% | Nov 2030 | n/a | n/a | Current |
All loans maturing in 2030 · 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.